With the markets closed yesterday, there is little to update from this past weekend’s newsletter. However, in case you missed it, here was the crux of the analysis: “While it…
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“The following is an excerpt from this past weekend’s newsletter. I have several follow up articles coming over the next few weeks that will reference Byron Wien’s comments.” The Rule…
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As the waters recede from “Hurricane Harvey,” the rebuilding efforts begin. It will take quite some time before Houston fully recovers from the tragedy, but recover we will. Hopefully, lessons…
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The effects of Hurricane Harvey are going to linger for years, likely decades. According to the Consumer Federation of America, approximately 80% of those affected by flood damage do not…
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Just recently the Federal Reserve Bank of New York released its quarterly survey of the composition and balances of consumer debt. Importantly, it was the fact that total indebtedness reached…
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The amount of monetary stimulus increasingly imposed on the financial system creates false signals about the economy’s true growth rate, causing a vast misallocation of capital, impaired productivity and weakened…
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Editor’s Note: All of us at Real Investment Advice are proud to welcome Vitaliy Katsenelson, CFA to our growing list of outstanding contributors. Vitaliy is the CIO at Investment Management Associates, which…
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I am obsessed with disaster movies. I’m still taken by cinema epics that drive reality to the breaking point. Fictional events that push characters up against a wall, compel them…
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I don’t often make political commentary in my missives unless it specifically relates to the financial markets. However, today I want to make an exception and tell you what I’ve…
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Every so often an article is produced that is so misleading that it must be addressed. The latest is from Sol Palha via the Huffington Post entitled: “Buffett Indicator Is…
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No, I am not talking about “Hurricane Harvey” which will likely be the first hurricane to strike the Texas coast since 2008, but rather the potential for another “debt ceiling” debacle…
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The three biggest deterrents to investment success for most individuals over time are fees, lack of capital to invest and human psychology. In this video we cover the 9-common psychological…
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I recently wrote a blog discussing some of the fallacies and myths surrounding “real” long-term investing especially as it relates to young millennial investors. The valuation levels when you start…
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An interesting thing happened on the way to World Domination, uhh, I mean “Stability” – the data quit cooperating with the Federal Reserve’s carefully devised plan. Just recently the Federal…
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I recently wrote a blog discussing some of the fallacies and myths surrounding “real” long-term investing. You can read the full article here:
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Should you buy individual bonds or bond funds? Which is right for you?
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“Valuations are still well below the peak of 1999” say the bulls. They are certainly correct from an absolute basis but we caution that the current level of market euphoria…
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According to a recent study by Bankrate.com, only 13% of millennials said they’d invest in the stock market. Cash is king. Naturally, this phenomenon has the majority of Wall Street…
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Since the end of the financial crisis, each market decline has been met with support by the Federal Reserve either through “verbal accommodation” or directly through “monetary interventions.” Not surprisingly, investors have…
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This morning, as I was catching up on my reading, I stumbled onto this gem from Business Insider of an interview with the founder of Robinhood, a mobile app to let…
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