If you’re investing with a goal of building wealth, I think investing in individual stocks is a bad idea. The clearest reason is that historically most stocks generate very poor returns. Overall market returns have been driven by a relatively

Some blog posts require a lot of words. Some don’t. Like this one.

I’m seeing more and more financial products being sold primarily based on their tax benefits, which always makes me a little nervous. Sure, nobody likes to pay taxes, and you should minimize them when you can. But for my lawyer

What does your dollar buy you? It depends. Are you spending it today or sometime in the future? If you’re not spending your dollar today, you’ve got a problem on your hands. With a positive inflation rate, your dollar is

The stock market has continued its historic rally with the S&P 500 gaining 19% year-to-date with reinvested dividends, contributing to a total return of 61% since the market bottom in 2022. While much of this performance has been driven by

Here we go again. Record high heat waves. Record high house prices. Record highs in the stock market. Lots of “record highs.” When you hear these headlines, you naturally think this is newsworthy. There’s something anomalous going on. Something extraordinary, which merits making

After over a decade of historically low interest rates, higher cash yields are a welcome development. Interest rates are higher across all cash instruments including many savings accounts, certificates of deposit, and money market funds. The federal funds rate has

As we’re well into spring, with summer just around the corner, I’ve been thinking about the weather, as it seems particularly fickle this year. A few days of cold and rain, a day of sun, then cold again, then some