From 2015–2016 I was fortunate to run the Chicago office of a large financial firm and help over 60 clients manage their investment capital, a sum exceeding $300 million. It was a great experience, but I learned a few things about the financial industry that I wasn’t too fond of…

Elon Musk Vs. Warren Buffett: Who Is Right? Recently in an interview, innovator Elon Musk took a direct jab at masterful investor Warren Buffett by implying that Buffett’s famed “value investing” strategy was flawed. “Moats (aka competitive advantages) are lame” Musk said. His argument was that the success of a…

Following a tweet from Kylie Jenner, who expressed her lack of interest in Snapchat, shares of the Snap (parent company of Snapchat) fell 6.1 percent yesterday, wiping out $1.3 billion in market value (and $250 million of CEO Evan Spiegel’s net worth).

On New Years Eve last year, I set an income goal for 2017. I didn’t hit it. The year was like a roller coaster with high peaks and deep valleys. I realized that what I thought was my target market, actually wasn’t, and had to change my business model to…

Behind the greed that fuels every bubble is a kind of fear: the fear of missing out (FOMO). During periods of widespread speculative contagion, it is difficult to ignore the rallying cry that everyone jump aboard the bandwagon or miss out on something remarkable. I think it’s likely that FOMO…

No The Treasury just announced it’s stopping the myRA program. If you’re not familiar with the myRA program, it’s a Roth-style IRA account run by the Treasury Department (created in 2014) that was meant to address the fact that so many Americans are woefully underprepared for retirement. It consists…

Cryptocurrency Is A Huge Bubble That’s About To Burst. The Most Important Things From The Author Of The Most Important Thing In my new investment book The Millennial Advantage, I cited and quoted The Most Important Thing by Howard Marks, in my view one of a handful of books every…

US Stocks Hit New Highs, Foreign Investors Snapping Up US Properties Weekly Economic Updates — July 22, 2017 US markets resumed their march towards new highs, but international stocks continue to outpace their US counterparts, having gained over 3% in the last two weeks (MSCI EAFE) vs. 2% for US…

First seen @ www.Growplanning.com Weekly Economic Updates — July 15, 2017 The S&P 500, the Dow Jones Industrial Average, and the Russell 2000 (representing small cap stocks) all hit record highs on Friday Although NASDAQ ended the week nine points below its record, it performed best for the week relative…