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How to lose money the easy way. Try to make yourself rich!
The Wall Street Journal did an in-depth analysis on what has been going on in the markets this past week or so. Turns out it was people borrowing money they didn't have, to buy investments they shouldn't own, and then ended up owing money..
Read MoreIt's a "Baloney Blizzard"!
Jason's Zweig's point was that despite what all the talking heads were providing as explanations for the market movement this past week, the difference in the world between last Friday and this Friday.... well it's just not that big!.......
Read MoreTechnology For My Future Self - "When I'm 65..."
I recently started looking for a car after my car was totaled (I'm fine)! The first car that I looked at was an older BMW being sold by an owner just down the street from me. I asked him why he was selling the car (I noticed there were...
Read MoreTax Return Fraud
Many of you know that through a sister company, not affiliated with Commonwealth Financial Network or your investment account, we prepare tax returns. Recently we e-filed one client and the e-file was rejected because a tax return had...
Read MoreEGYPTIAN WAR?
When I was growing up I use to play the card game War with my siblings. Each player would turn over one card at a time and the person with the highest card won the pile. The goal of the game was to get all the cards in the deck to win...
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TO STEEL OR NOT TO STEAL?
When President Trump recently put tariffs on steel imports essentially because other countries where "stealing" American steel worker jobs and American money in the form of trade deficits, was he really stopping the stealing? You've...
Read MoreWhere Will the Stock Market be 10 to 20 years From Now?
The answer is, who knows? (CB where are you when I need you!) Do you think that all the large name brand companies in the US will be gone, i.e., the companies that make your cell phone, cars, appliances, pharmaceuticals, cereal, clothes...
Read MoreAre There Brakes on Your Portfolio? Part 2
In my last post, I discussed the value of dividend paying stocks and how they could effectively place “brakes” on your portfolio but what about the accelerator? No, I am not suggesting anything dramatic here such as investing all your...
Read MoreAre There Brakes on Your Portfolio?
There are two guarantees with respect to the stock market. One that it goes up and two that it goes down. The uncertainties are When? How high/low will it go? For how long? If we were able to predict these uncertainties, then...
Read More"What's Going On?" Marvin Gaye
I thought the title would be appropriate based on what has happened in the market the last few days. Here are a few things to keep in mind when trying to process market days like we just had. What drives the economy or the more...
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