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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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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