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
January 10, 2020
The U.S. job market ended 2019 on a down note. The economy added 145,000 jobs last month, falling short of economist predictions of 160,000 new jobs. The unemployment rate remained… Read more
January 8, 2020
The shortage of homes for sale accelerated at the end of the year. The supply of homes for sale in December was down 12 percent annually, a steep decline from… Read more
January 7, 2020
The U.S. trade deficit fell more than expected in November, falling to $43.09 billion, below the economist forecast of $43.6 billion. This was down substantially from October’s $46.9 billion, and… Read more
January 3, 2020
U.S. manufacturing is starting 2020 on a down note. December marks the fifth consecutive month that has seen manufacturing shrink as trade tensions continue to dampen the sector. The Institute… Read more
January 2, 2020
Unemployment may be at a decades-long low, but that doesn’t mean that people aren’t losing jobs. A new report has found that 2019 saw 62,100 jobs lost due to the employer… Read more
December 30, 2019
The standard age for retirement has traditionally been 65. While changes to Social Security have gradually edged that number higher, most Americans have long seen 65 as the age that… 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.