This week I came across a more than surprising article. The article referenced a report from UBS in Switzerland. They handle investment accounts for many of the richest folks on earth. What was surprising is that many of them borrowed monies to invest at or near the recent market bottom. Don’t they have enough? Or […]
The COVID Effect: Millennials Understand the True Cost of Barista-Brewed Coffee.
It is hard to overstate just how intensely the Covid situation has affected the World’s financial system. Before March, the stock market enjoyed its longest uninterrupted bull market. Until then, the U.S. enjoyed 11 years without a recession. Then within a month that all changed. We went from having a 50-year low unemployment rate to […]
Fighting COVID-19 is World War 3 – Weekend Reads.
Who knew that World War 3 (WWIII) would be against a virus that we cannot see? That would be almost no one. But that is the case. That is the reality. Like the Allies in WWII we are fighting a war on two fronts. We are fighting COVID-19 and we are fighting the economic war […]
Do you have a bear market investment plan?
Yes, we are in a bear market. And a recession is all but inevitable. It’s tough when we are in the moment, but this is all ‘normal’ stock market and economic behaviour. All bull markets must come to an end. Continued economic growth is not inevitable. Recessions appear with regularity. So here we are. We […]
Is this an incredible investment opportunity, or what?
First off, there is no greater consideration than the human suffering delivered by the COVID-19 outbreak. I know the potential to profit from suffering will appear callous, and then some. But many are wrapped in fear on many fronts. That includes investors who might make decisions that impair their financial health. I’ve penned that market […]
What I should have said on the moolala podcast.
This week I had the pleasure of heading to the SiriusXM studios in Toronto. I taped a podcast for moolala with all-things-money superstar Bruce Sellery. It is a quick and punchy podcast appearance. But I wish I’d thrown more punches. Not at Bruce, he’s a wonderful man. Here’s what I should have said on moolala. […]