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
August 19, 2019
Consumer spending saw a big increase last month, as spending on retail and dining rose 0.7 percent. This is more than twice economists’ prediction of a 0.3 percent increase. The… Read more
August 16, 2019
More Americans are opting out of vacations and other leisure activities, feeling that they can’t afford them. A new survey from Bankrate shows that 42 percent of Americans said they… Read more
August 14, 2019
Concerns over a global economic slowdown intensified today, as Germany announced that its economy shrank in the second quarter. The nation’s manufacturing and construction led the slowdown, as global trade… Read more
August 12, 2019
Over the next 25 years, $68 trillion in wealth is expected to be passed down, according to research from Cerulli Associates. Even with such a massive shift, few individuals have… Read more
August 8, 2019
America’s collective $1.5 trillion student debt burden is making young people wait to start a family, but even when they do, they are struggling to pay off their debt and… 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.