Weekly Blog

Problem Solver

One of the hardest things for me to do as a husband is to listen to Charnelle’s problems. Why? She is not looking for me to solve them, which is what I would prefer to do. She is looking for me listen and empathize. I admit empathy is important, but then I want to get...

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Day Trading Doesn’t Work

​Warren Buffett famously said, “If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy.” I found that to be true when I was 22 and sitting down for the occasional poker game. I wasn’t any good and was just relying on...

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TINA

The Tokyo Olympics was originally scheduled to start last week. Months ago, they postponed it until next summer. Now there is talk that it might be cancelled altogether. There is a realistic possibility that life won’t be back to normal next summer. First, that’s a...

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Don’t Mix Politics and Portfolios

This is your biennial public service announcement. Do not adjust your portfolio based on how you expect the November elections to turn out. I have seen multiple studies over the years that show returns are nearly identical with Republican and Democratic presidents....

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Do you want to undo your RMD?

When the stock market dropped like a rock in March, the government generously waived required minimum distributions (RMDs) for the rest of the year. That was designed to save you from having to sell stocks at a low point to take money of your IRA/401k accounts. At the...

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