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
October 25, 2018
The Federal Reserve’s latest read of economic conditions shows that employers are having a harder time finding qualified workers. In the latest “Beige Book” summary of economic activity, the central… Read more
October 23, 2018
FICO, one of the nation’s leading credit score companies, has announced plans for a new system that will take into account how potential borrows manage their finances. The new program… Read more
October 22, 2018
As more Baby Boomers are retiring, and people continue to live longer, the demand for long-term specialized care continues to grow, sending costs higher. Nationally, the annual median cost of… Read more
October 19, 2018
The National Association of Realtors announced today that sales of existing homes fell 3.4 percent in September, to a seasonally adjusted annual rate of 5.15 million for the month. Economists… Read more
October 18, 2018
As the American economy continues to fire on all cylinders, investment professionals are expressing increasing doubt about the economic prospects for the rest of the globe. Respondents to the Bank… Read more
October 16, 2018
Student loan debt is a much-discussed issue for Millennials, but a new study shows that it is also getting in the way of other generations’ major life milestones and their… Read more
October 15, 2018
A new study conducted by the Schwartz Center for Economic Policy Analysis has found that two in five middle-class workers and their spouses will be downwardly mobile in retirement, falling… 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.