Category Archives: Blog

There might not be a better time in history to buy an existing income-producing business. In the right hands of an experienced organization with high-level skills, infrastructure, personnel, and operational efficiency; underperforming businesses can be quickly turned around to reward their acquirers with consistent, reliable income shielded from inflation and downturns. The COVID-19 pandemic has […]

Public investors speculate and private investors accumulate – accumulate wealth. That first sentence explains the difference between public and private investors. Public investors are all about timing. ​​They want to buy at the bottom before prices rise and sell at the top before prices drop. It’s a fool’s errand with very few retail investors beating the […]

With the Coronavirus, there’s a divide among businesses between those that are flourishing and many that are not. The industries hardest hit by quarantines and travel bans were obvious:  travel, transportation, and retail. The list of well-known companies that filed for bankruptcy is long. The new social distancing-enforced economy has forced businesses to pivot or […]

Out of the Frying Pan and Into the Fire Out of the frying pan and into the fire describes the situation of moving from one bad situation to one that is worse. For many investors who finally come to their senses and decide to abandon Wall Street volatility, most jump into a worse situation by […]

In the field of psychology, the Dunning-Kruger effect is a cognitive bias (a person’s distorted reality) in which people with low ability overestimate their ability and underestimate those with higher abilities. The effect is to create a wide gap between what the person perceives is the difference between their skill level and the skill levels […]

The COVID-19 pandemic and the new social norms brought about by its devastating effects have created a different breed of investors who treat the stock market as a virtual Vegas. Bored Millennials bored stiff from the COVID-19-induced quarantine and social distancing aren’t just throwing bricks in the streets, they’re throwing virtual bricks at all investing […]

Mainstream investing is about Wall Street but can you trust the system? There are common but illegal ways the individual investor can get shut out and lose money on Wall Street. On the illegal side you have the following shameless activities that rob investors: Insider Trading. Made famous by movies like Wall Street, insider trading […]

From the outside looking in, many people think the wealthy have some complicated algorithm running 24/7 on a supercomputer locked away in a backroom for making them rich. The reality is, self-made millionaires, live by one simple rule: DON’T RELY ON SALARY ALONE TO BUILD WEALTH In a revealing article in Business Insider by Thomas C. Corley […]

There is no one machine, program, or algorithm out there that has successfully and consistently predicted and beat the market. This is because stock prices are mostly random and unpredictable. Sure, some analysts get lucky some of the time, but for the most part, most advisors fail most of the time. The market is highly […]

Some are anxiously wringing their hands wondering about their financial futures – wondering what Wall Street has in store for them next. Others are holding their heads in their hands – reeling from the economic fallout from the Wall Street roller coaster. For those who cashed out at the bottom of the latest ride, the […]