Investing is about Balancing Risk with Return Investors, more often than not, are optimistic people. Up until a few months ago, how couldn’t you have been optimistic? We enjoyed a decade-long bull market, so it was hard to imagine stock prices could go in any direction but up. However, every investment comes with a set … Read more
Making the Most of the Quarantine with Prepper Movies At this point, many of you may be struggling to find productive and enjoyable ways to pass the time under quarantine. You may have pulled out board games and decks of cards that had been collecting dust. You may have started cooking more or picked an … Read more
Everyone Should Learn to Prepare Before It’s Too Late I wish preparedness was something that came naturally to everyone. Unfortunately, many people are unprepared to survive an emergency situation. In this article, I’m going to talk about the basics. I outline four survival skills preppers need to survive an emergency. 1. How to Handle Home … Read more
The Coronavirus May Cause the Next Depression The global economy is suffering significantly from the coronavirus outbreak. Businesses have closed their doors either temporarily or permanently. Governments are putting together stimulus packages and central banks are providing liquidity to the financial system. While you may remember seeing similar market effects and response measures taken during … Read more
Profit at the Expense of Patients A couple weeks ago, I booked an appointment with a dermatologist to get a skin condition looked at. It’s nothing serious, but it nevertheless needs to be treated. The appointment was confirmed with an M.D. at a location I had visited previously. Prior to being seen, I waited in … Read more
Why Would You Make Decisions that Could Kill You? A few years ago, the CEO of Reddit, Steve Huffman, got laser eye surgery. This doesn’t sound like headline worthy news, but he said he paid for the procedure in order to increase his odds of survival in the event of a disaster. On the surface, … Read more
China and Russia Stockpile Gold While Gold Prices Are Artificially Low China is aggressively buying gold in an effort to build its reserves. While it has not been selling off its US dollar holdings, there’s evidence to suggest China wants gold to upend the US dollar as the global reserve currency of choice. The US … Read more
CLO: The New CDO The collateralized loan obligation, or CLO, is now in vogue within the world of finance. A CLO is a security that consists of loans with similar characteristics. These characteristics can be the dates on which the loans mature, their risk profiles, etc. The CLO have become popular due to the search … Read more
What are Black Swan Events? In the 19th century, John Stuart Mill described seemingly impossible events that may one day be proven true as Black Swans events. In the Western world, all swans were thought to be white until, in 1697, a dutch explorer spotted black swans on the shore of the Swan River in … Read more
Spending Addiction Governments across the globe have grown far too comfortable with expansionary policy. Increased military spending, entitlement programs, tax cuts, and bank bailouts simply add to the amount of debt governments owe to their lenders. As one would expect, government spending is politically popular. Tax cuts put more money in consumers’ pockets, which drives … Read more