This slogan has gained popularity in the last few years, from a rallying cry about former President Donald Trump’s failed reelection bid to hockey fans in Seattle. The slogan was first made famous in the 2010 movie “Clash of the Titans”. Release the Kracken slogan has morphed into a rallying…

The baby boomers are still retiring at record numbers, over 10,000 per day. If we have learned anything from these new retirees, it is that the outdated wealth accumulation model has failed. Nevertheless, the old model of saving some fictitious pot of gold for our later years is still being…

Cookie and I took a few days off and traveled to a small community in western Florida along the gulf coast called Crystal River. We were looking for a quiet place to vacation away from the crowded beaches or theme parks commonly visited during the summer in Florida. We narrowed…

There is a new term floating around in our culture called 10X, referring to multiplying results ten times the normal amount. There is even a book called “The 10X Rule: The Only Difference Between Success and Failure” published by Grant Cardone. Honestly, this term is amusing to me because it…

The Investment Management Quandary “Oh, what a tangled web we weave/when we first practice to deceive.” Sir Walter Scott We are currently experiencing several risks that affect investors. The first risk is market volatility. Market volatility can disrupt an investment portfolio by the sheer nature of the uncertain growth of…

Once there was a very wealthy man named Damien Titan who lived in the mountains of Jericho, just west of one of the largest trading centers in the modern world. Damien’s riches were obtained from his trading empire. He was very proud of his accomplishments and often boasted about how…

Post hoc ergo propter hoc is a Latin phrase that means “after this, therefore because of this.” It is best described as a fallacious attempt to suggest a correlation between events, even when there are no facts to substantiate a causality. The rooster crows in the morning welcoming the dawn…

Building a Solid Investment Foundation Many investors believe they just need a few select mutual funds or index funds to balance out their investment portfolio. Although the right group of mutual/index funds might provide some diversification, it may not align with your personal financial needs. Investing is unique to every…

Frederic Bastiat, the Author of “Ce qu’on voit et ce qu’on ne voit pas” (“What is seen and what is unseen”), introduces us to the concept of opportunity costs with his parable of the broken window. In essence, many people only see the benefit that a broken window (destruction) adds…