The Whipsaw of Market Chaos Before the days of gas-powered chainsaws, lumberjacks relied on a tool called a whipsaw to cut large logs. The whipsaw was a long metal blade with handles on both ends, requiring two people to push and pull in opposite directions to make a cut. It looked chaotic—a constant back-and-forth of … Read more
It’s A Gravity Thing One undeniable fact of human nature is the desire to keep score, and for many people, wealth is the scoring system used to define our very existence. Wealth means having an abundance, which usually means money and savings (among other things). Our wealth is not set in stone; throughout our lives, … Read more
The first signs of winter were overdue this year but once again we’re dealing with the reality of the snowy season. Who can forget that first snowfall and a child’s insatiable urge to build a snowman? Actually, snow is an amazing substance and children quickly learn that the best snow for making snowmen is the … Read more
There’s an old joke about the drunken sailor who was asked if he had a financial plan. Well, sure he said “I spend a third of my money on women, a third on drinking and the other third I spend foolishly”. While it’s meant to be a joke, unfortunately it describes how many people are … Read more
Imagine owning a machine that creates money and provides you with an income forever. This machine would be perfectly legal. I’m not talking about printing counterfeit money or stealing. The trick is to save enough money to allow you to live off the money it can earn. Money Earns Money You see, the greatest miracle … Read more
When you own stock in a company or many companies such as through a fund, you are more than just an investor, you become a small owner in those businesses. So if the business does well you can expect the share price to rise which increases the value of your investment. Since businesses appreciate you … Read more
