The History of Monopoly, and what it means for a Business Owner!

Monopoly has been around for decades. Even though it is an “old” game my kids still love to play it. They have their favorite pieces of property to own and they are now beginning to use strategy to win. It is truly fun to watch their minds grow. How many of you know that Monopoly Read more about The History of Monopoly, and what it means for a Business Owner![…]

Jeopardy, Double Jeopardy and Double Taxation!

Bear with me while I tie a few things together… The game show “Jeopardy” has been around since the 1960’s. It wasn’t until I was much older that I began to appreciate the show for what it is and what it isn’t. I am amazed at the amount of obscure trivia that the contestants knew Read more about Jeopardy, Double Jeopardy and Double Taxation![…]

Why you never have, nor ever will own the S&P 500 or any other Index for that matter!

Virtually every person that I meet with owns a S&P 500 mutual fund or ETF. And most likely they own several other indexes. The problem is, they don’t actually own these indexes. You see, you cannot actually own them, not really. The reason is, is that there is only one S&P 500, one Russel 1000, Read more about Why you never have, nor ever will own the S&P 500 or any other Index for that matter![…]

Mutual Funds Exposed! (Reason 4 of 6 – Mutual Funds Lack Transparency)

A great retirement portfolio owns precise measures of specific investment types, depending on your age and personal tolerance for the ups and downs of the market. But what if the mutual funds you buy do not hold the investments you think they do? This is known as “style drift” in the finance world, the more Read more about Mutual Funds Exposed! (Reason 4 of 6 – Mutual Funds Lack Transparency)[…]

Mutual Funds Exposed! (Reason 3 of 6 – Most Mutual Funds Under Perform the Market)

One would think that because mutual funds are managed money, that they might outperform their benchmark. Or, just by chance you’d think that half the funds will outperform and half will under perform. For the 12-month period ending December 31, 2016: -60 percent of large-cap mutual fund managers underperformed their benchmarks. -58 percent of mid-cap mutual Read more about Mutual Funds Exposed! (Reason 3 of 6 – Most Mutual Funds Under Perform the Market)[…]

Mutual Funds Exposed! (Part 2 of 6 – Undisclosed & Hidden Costs)

The mutual fund industry sells performance but does not talk about cost. If you are invested in a mutual fund it may be up – but how much were you up? There are fees and transaction costs that you never see. In many cases that 8% ROR is cut to 5% or less! What counts is Read more about Mutual Funds Exposed! (Part 2 of 6 – Undisclosed & Hidden Costs)[…]

Mutual Funds Exposed (Part 1 of 6)

At one time, mutual funds were useful investments. It used to be difficult and expensive for individuals to own many stocks and create their own portfolio to help get the benefit of diversification.  So, mutual funds probably provided, at one time, what might have been one of the best available investment alternatives. However, to obtain Read more about Mutual Funds Exposed (Part 1 of 6)[…]

Handwriting on the Wall

The government knows that it is between a rock and a hard place on the issue of Social Security. The dire financial situation of Medicare, Medicaid and the US Postal Service isn’t helping the situation. In 2016 the US Government spent $19 Trillion dollars. Roughly 49% of that $19 Trillion dollars was spent on social Read more about Handwriting on the Wall[…]

Buy and Hold… Your Breath

If you are an investor, then most likely you have heard of “Buy and Hold” investing.  It has been around for decades and 1.88 million articles have been written on the subject.  Buy and Hold looks great on paper, but it only works as long as the stock market is flat or going up.  If it is Read more about Buy and Hold… Your Breath[…]

Inflation: Life’s Stealth Bomber

Every day you can see the impact of increased prices on your income, assets, and standard of living. Prices for food, clothing, appliances, energy, automobiles, prescription drugs, and health care have soared. The increase in the price of these expenditures is called inflation. People generally cope with inflation by finding ways to increase income or Read more about Inflation: Life’s Stealth Bomber[…]