Author Archives: Michael Foley

Everywhere you turn, all you see, hear and read about is doom and gloom in the economy. Invariably dragged into the predictions of recession and downturns is the state of the real estate market. Here are some recent headlines: “Economist Who Called 2008 Housing Bubble Warns of Home-Price Declines.” –Businessinsider.com. “A Housing Market Crash Could […]

The state of the economy is not good. Inflation and high gas prices are weighing down the average consumer – many maxing out their credit cards to get by. In April, credit card loan balances jumped by 17% from a year earlier, the fastest pace of growth since 1996, according to Federal Reserve data. The […]

Have you ever heard of the term Gambler’s Fallacy?   Gambler’s Fallacy is the false belief that if an event has occurred multiple times before, it will happen less often in the future. For example, if a dice roll has turned a six in the last three rolls, the mistaken belief is that a six […]

Nobody likes to feel helpless – powerless to change their economic situation… Many of us recently experienced this in the early days of COVID as nationwide lockdowns and social distancing orders shut down workplaces, schools, and businesses. Some saw their jobs eliminated. Others saw reductions in responsibilities and reductions in pay. In 2008, many experienced […]

The Wall Street chickens are coming home to roost. What do I mean? The stock market is bound for a hard landing after flying high for the past two years – fueled by stimulus checks. Even as we’re just now starting to deal with the effects of inflation, investors will start to suffer the ramifications […]

The system is rigged against the small retail investor, and there’s little anyone can do about it. There are too many players getting their palms greased (i.e., Wall Street brokers, market makers, politicians, and even the exchanges) for any hope of real change materializing to help the little guy. In the meantime, the gravy train […]

Do you have crash insurance? I am not referring to car insurance; I am talking about portfolio insurance for when the stock market crashes. You’re probably wondering how to buy crash insurance. You can’t purchase crash insurance, but there are concrete measures you can take to strengthen and protect your portfolio. If you could predict […]

We’ve all been guilty of this in one situation or another – letting our emotions take over and making decisions we would later regret. There’s something inside all of us where – in certain situations – we let emotions and behavioral tendencies take over and put common sense and judgment in the back seat. ​​In […]

The average investor doesn’t react well to uncertainty, and there is a lot of uncertainty going on in the world right now. Questions like these are keeping investors up at night: Is Ukraine going to fall to Russia? Will the price of gas continue to skyrocket? How will company bottom lines respond to a loss […]

As the Russian invasion of Ukraine unfolded this week, the markets took a nosedive, with oil prices surging on fears of supply constraints. Bitcoin prices also reacted negatively. Many wonder why events halfway around the world have on stock prices or even Bitcoin prices, but the reality is the U.S. markets are intertwined with the […]