Investments, Retirement Planning, Wealth Management
In the context of investing we all would like to “buy low and sell high.” A profit is made when you sell something for more than you paid for it. Thus, the question of how prices arise is naturally, a fundamental concern. Over the past few hundred years, thousands of the world’s greatest minds have …
I had a classmate in my MBA program who left his job as an equity analyst to come back to college to get an MBA. The longer-term goal was to use the MBA to help get an even better job doing the same thing or, ideally to get his old boss’ job. His specific role …
I ran across an interesting question recently. If GDP growth has averaged roughly 3% per year for the past 50 years, and inflation also averaged around 3% per year over that span of time, how can stock returns average more than 6%? In other words, if total output (in either real or nominal terms) didn’t …
When I type the phrase “social security crisis” into a Google search bar I get 654,000,000 results in 0.5 seconds. It seems safe to say that the impending shortfall (if nothing is changed) in the Social Security system is clearly a hot topic. As it is motivated to do, the financial press amplifies the tension …
In the realm of retirement planning, statistics get thrown around with reckless abandon. Most of these statistics are meant to convey the idea that the “RETIREMENT CRISIS” is upon us, getting worse, and the only way to fix it is to let me manage your money (for a small fee). We all should understand the …