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…

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…

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…

Just like Life, Investing is like a Teeter-Totter I remember as a child my friends and I would spend time occasionally at the local park on a teeter-totter, obviously not using it as it was designed but trying to knock one another off to claim victory. This game was like…

This question lures many people into believing they might miss out on the next evolution of a new monetary banking system, not to mention the profits realized from the numerous new startup companies selling their brand of cryptos. The temptation to invest in cryptocurrencies is very alluring. Exuberance is not…