Category Archives: Current Events

How Fed Actions Affect the Value of Your Money

Anyone who follows financial news at all is likely to hear references to actions taken by the Federal Reserve Board (usually shortened to “the Fed”). Most often, we hear that the Fed has acted to raise or lower interest rates, … Continue Reading

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Is the Long-Predicted Stock Market Correction Finally Here?

For several years, many stock market prognosticators have been predicting some sort of decrease in stock prices. They have called this downward move by various names: pullback, correction, price dip, or even more drastic terms like plunge or bear market. … Continue Reading

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The Final Scorecard of Warren Buffett’s “Long Bet”

On July 5, 2017, we reported on the ten-year “long bet” between Warren Buffett, CEO of Berkshire Hathaway, and Ted Seides, a hedge fund manager who was formerly president of Protégé Partners LLC and now managing partner at Hidden Brook … Continue Reading

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What Should Investors Make of Bitcoin Mania?

Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios. Cryptocurrencies such as bitcoin emerged only in the past decade. Unlike traditional money, … Continue Reading

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Bitcoin: Boon or Bane? Cryptocurrency Basics

If you never heard of Bitcoin until late in 2017, you’re in the majority. Bitcoin, a “virtual currency” invented in 2009 by a person or persons using the pseudonym Satoshi Nakamoto, rose from a value equal to about $1,000 per … Continue Reading

Posted in Alternative Investments, Current Events | 2 Comments

The New Tax Law

Last week on December 22, 2017, President Trump signed into law the largest overhaul of the U.S. tax code since the Reagan administration. The law has been widely hailed as very positive for business, and it appears that the law … Continue Reading

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The New Tax Reform Bill

On Saturday, December 2, 2017, at about 2:00 AM, Eastern Standard Time, the US Senate passed the most comprehensive tax reform bill in more than thirty years: the Tax Cuts and Jobs Act. Previously, in mid-November, the House of Representatives … Continue Reading

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Nobel Prize-Winner’s Theory Describes “The Rest of Us”

Most economic models of market strategy are predicated on a flawed premise: that investors behave rationally. In most market models, the assumption is that all the factors impacting investment decisions are known, that all prices are a fair assessment of … Continue Reading

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When Disaster Strikes: Moving Back toward Normal

Without question, a natural disaster can alter your life forever. Most important, of course, is doing all you can to insure your personal safety, along with that of your loved ones and friends. But even if you and your family … Continue Reading

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Equifax Breach, Revisited: Four More Steps to Protect Yourself

On September 9th, I created a blog (What Should You Do about the Equifax Data Breach) and recommended that consumers who are concerned about the recent breach at Equifax (and more than 160 million of us should be concerned) should … Continue Reading

Posted in Current Events, Fraud, Identity Theft | No Comments