Personal Financial Advice from a former Certified Financial Planner
Bloomberg has an interesting snippet about that so-called “lost decade” everyone keeps talking about. It turns out if you had invested in the stocks of the S&P 500 equally (equal weight) back at the market peak of March 24, 2000, you would have had a 66 percent gain through December …
The beginning of August has brought nothing but turmoil to investors and the economy. Politicians played chicken with the debt ceiling despite the warnings of every single non-politician who knows even a little bit about economics. Although a deal was reached to raise the debt ceiling at the last minute, …
Warren Buffet testified before Congress that Moody’s rating agency should not be blamed for its enormous role in the financial collapse that occurred following the blow up in the real estate market and the subsequent implosion of collateral mortgage options, or CMOs. These securities eventually became the so-called toxic securities …
