May 13, 2021
Home prices have been climbing at their fastest rate since the 2008 crash. Record-low inventory and massive demand have led to bidding wars fierce competition between potential buyers. Still, the… Read more
May 10, 2021
Over the last year, the price of lumber has exploded. The price for 1000 board feet (bd ft), the standard unit to track prices in the industry, has climbed 377%… Read more
May 6, 2021
Saving for retirement is very personalized. How much you will need depends on a variety of factors like your income, investments, and desired lifestyle in retirement. However, it is only… Read more
May 5, 2021
Last year saw 493 newly minted billionaires, bringing the total number to 2,755. Nearly a quarter of them live in just 10 cities, and, for the first time in seven… Read more
April 30, 2021
The U.S. economy grew by 6.4% in the first quarter of 2021, bringing the economy nearly back to its pre-pandemic size. Aside from the third-quarter surge after the initial reopening… Read more
April 28, 2021
Consumer confidence saw a big jump in April, marking the fourth straight month of gains as vaccine distribution accelerates, business restrictions lift, and stimulus payments hit consumers’ bank accounts. The… Read more
April 27, 2021
The median price for an existing home saw a record-breaking annual price in March, jumping 18.4% to $334,500. The surge in prices is being driven by record-low inventory and ultra-low… Read more
January 29, 2020
The recent coronavirus outbreak has already enacted a human cost. At the time of writing, there have been nearly 4,700 confirmed cases, resulting in more than 100 deaths. Both numbers… Read more
April 28, 2019
At a recent speaking event, former Federal Reserve Chairman Janet Yellen sounded the alarm about corporate debt. In the event of an economic downturn, she warned that the current levels… Read more
June 22, 2020
Economies across the globe are beginning to stabilize following the coronavirus shutdown. This month’s surveys of purchasing managers showed both manufacturing and service-sector output rebounding following the record-low readings of… Read more
June 19, 2020
The housing market seems to the one aspect of the economy that has escaped the coronavirus outbreak relatively unscathed. Sales in recent months have been much better than analysts’ dire… Read more
June 18, 2020
An additional 1.5 million Americans filed for unemployment last week, as the fallout from the coronavirus continues to ravage the job market. The number topped the 1.3 million that economists… Read more
June 17, 2020
As part of the government’s response to the coronavirus crisis, those on unemployment are currently receiving an extra $600 in benefits. This supplement is set to expire in July, and… Read more
June 16, 2020
Retail sales were expected to have a big month as stores across the nation reopened following the coronavirus pandemic. They easily shattered those expectations though, jumping 17.7% for the month.… Read more
June 12, 2020
The majority of economists in the Wall Street Journal’s most recent economic survey thought that the economic recovery in the U.S. will start soon, if it has not already. More… Read more
June 10, 2020
While it seemed like a foregone conclusion, the American economy officially entered a recession in February amid the coronavirus pandemic. The declaration comes from the National Bureau of Economic Research. … Read more
June 9, 2020
The coronavirus hit the retail industry hard and could result in as many as 25,000 retail stores closing this year. According to research from Coresight, 2020 is on track to… Read more
“Modern finance is based on scientific reasoning guided by theory, not subjectivity and speculation.”
John “Mac” McQuown
Patience mitigates risk.
When it comes to investment products, complexity often fosters fraud and abuse.
Portfolio diversification enables investors to manage their fear of the unknown.
Rebalancing is like love, you never have to say you are sorry. You are always selling high and buying low.
A good investment policy should never risk what you already have for something you don’t need.