Over the past couple years, much attention has been given to the wealth gap here in the United States and around the rest of the world. The question we must ask is whether the current gap between the “have’s” and the “have not’s” creates a fundamental problem for our society and if so, how do we fix it?
After over a year of due diligence on peer-to-peer lending, we are happy to announce a new managed account offering for our clients on the Lending Club platform. For those that are still somewhat unfamiliar with peer-to-peer lending, we will review the industry and the lending process in this week’s Insight.
This week we wrap up our four part series on the harmful effects of news consumption. We look at one of the aspects of Warren Buffett's investment success and two reasons why news can hinder rather than help investors in reaching their investment objectives.
This week we finish looking at the last five dangers of news consumption outlined in Rolf Dobelli's research paper Avoid News: Towards A Healthy News Diet. At the root of it all, we must all understand that news outlets and the media in general are all in the business of making money rather than the more altruistic goal of creating a more informed public.
Last week we introduced a four-part Weekly Insight series on how the regular consumption of news might actually be detrimental to decision making. We covered the first five “toxic dangers” of news as laid out in Rolf Dobelli’s research paper entitled "Avoid News: Towards a Healthy News Diet" and this week we will cover the next five dangers.
The constant consumption of news does not allow us to predict the future with any certainty, and there is no guarantee that it will even make us better money managers over the course of our career. In reality, "news is to the mind what sugar is to the body."
The question of when to start taking Social Security benefits is asked time and again by individuals approaching retirement. Unfortunately the skepticism surrounding the Social Security program, may be causing people to make ill-informed decisions about when to start taking their benefits.
A lot has been made in the financial media recently of the behavior of the bond market in light of the stock market rising to new heights. So far this year this historical relationship has not held up. This has surprised most market participants given that the strong consensus heading into 2014 was that bond yields, hovering around 3% at the time, were going nowhere but up.
A lot has been made of the so called “student loan crisis” in the financial media in recent months. Increases in default rates and student borrowing have led to a wave of hand-wringing and doomsday predictions. While there is a lot to be concerned about in this credit sector, there are a variety of reasons why such comparisons are overblown.
This will be our third post in a three week series on real estate investing in which we move beyond the personal residence and look at investment properties that can not only capture appreciation but also produce cash flow from rents.
In last week’s post we looked at whether a primary residence can be considered an adequate substitute for an investment portfolio. In this week’s post, we will take on a slightly different task of trying to answer the question of whether it is better to own a house or simply rent.
For generations, Americans have been taught that owning a home is one of, if not the best, investment they can make with their money. In a recent Gallup poll, Americans currently rank real estate as the best investment over stocks, gold, bonds, and savings accounts but is that really the case?