Beanie Babies, Pokemon Cards, CryptoKitties??? How about Tulips? Tulips are very beautiful but bloom for only a week. If the weather gets into the ’80s during the early spring, make that a day! Squirrels tend to dig up and devour them in the fall unless you put hot pepper into the hole as psychopaths like…

Is the silent money assassin of inflation poised to awake from its long slumber? Small changes in prices compound into something sinister. Inflation is the rise of prices in the economy over time. When this happens, purchasing power decreases. A declining dollar value limits purchasing power. Inflation is the reason understanding the difference between saving…

Last week I was honored to make a guest appearance on The Compound Show. We had a great time talking about things that matter but are hard to measure with a scorecard. We covered a bunch of interesting stuff. Including my days teaching and why how so many kids are mislabeled in public schools to…

Choosing the right college isn’t easy. There are many factors to consider. Transparency is often lacking. How much should we borrow? Is a big school better than a smaller one? What really determines our financial and merit aid? Throwing parental peer pressure into the mix along with a raging pandemic compounds things. Ron Lieber gets…

Money can’t measure everything. Some things can’t be ranked. We enjoy counting things. It’s comforting when facing the mountains of uncertainties that pervade our lives. Ranking never suffers from a bear market. Seth Godin remarked. “In the face of the difficulty the system has in measuring things that don’t measure, we create proxies. Things like…

Start with two million. A 50% loss doesn’t sound so bad. Many day traders end up vaporizing considerably more. A client asked what I thought about him pulling 10K out of his portfolio for some “fun money” for some daily speculating. When people ask this kind of stuff, they get an honest answer. Not what…