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
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
September 24, 2020
With everyone working from home, tea has become a more popular beverage. It was already the most popular beverage globally, aside from water, with an estimated 3.7 billion cups consumed… Read more
September 23, 2020
The economy has seen a moderate increase in inflation recently, and the Fed rewrote its rules to allow inflation to run higher than its standard 2% target, with some economists… Read more
September 22, 2020
The housing market continues its hot streak, with August following July’s lead in breaking records. Sales of existing homes were up 2.4% for the month for a seasonally adjusted annual… Read more
September 21, 2020
Few would have predicted that following the first quarter’s record drop in household net worth that the second quarter would see a record high. The net worth of American households… Read more
September 18, 2020
In an effort to combat the economic fallout from the coronavirus, governments and central banks around the world have enacted massive stimulus policies and changed to monetary policy. While these… Read more
September 16, 2020
The Securities Exchange Commission has announced the latest event in its ongoing program of paying whistleblowers who alert the agency to actionable financial misconduct. The agency will award $10 million… Read more
September 15, 2020
When the coronavirus forced businesses to close earlier in the year, the hope was that most of them would reopen once the threat of the virus passed. Unfortunately, according to… Read more
September 14, 2020
Freelance work is bigger than ever, contributing $1.2 trillion to the U.S. economy, and with 59 million Americans participating in some form of freelance work in the last 12 months,… 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.