Why Is Gold Such A Terrible Investment?
#Financial LiteracyThere’s an amusing bit of entertainment set up on a distant planet, where aliens observe human investing behavior in a virtual context. They have a…
How Do You Know if You're Truly Rich?
#Financial Literacy #LifestyleHow would you like to lead the “Life of Riley? Do you have anyidea what it takes? The great financial writer, Scott Burns, figures that if…
Why I’m too greedy to invest in India and China
#Investing #Financial LiteracyI don’t own a single emerging market investment. Why not? Because I’m greedy, and I want the largest long term profits I can get…
Investment Update - 30 SEP 09
#Andrew's Money #Financial LiteracyInvestors: I woke up this morning to see that the markets had fallen a bit again last night (as a guy in Singapore, my perspective of…
When the SmartMoney is Dumb
#Financial LiteracyAt times, my good friend, Jeff Howe, coyly claims that he’s dumb. He doesn’t have a college education, but if anyone believes that he’…
The Importance of Protecting Your Assets
#Advisors #Financial LiteracyHas your investment account dropped far more than it should have? Recently, a 56 year old friend complained about his investment account and he asked me…
Investment Advisory Services Plunder Individual Retirement Accounts
#Advisors #Financial LiteracyI’ve always been a fan of Scott Burns’ finance articles, and this one is no exception. He paints an ugly picture of financial service fees…
Why Does A Rising Stock Market Depress Me?
#Financial LiteracyOne of our investment club’s stocks is up nearly 10% in two days. Recently, another one of our stocks rose 4.3% in one day…
Dear Mr. Buffett
#Financial LiteracyI heard that you’re going to be airing a cartoon for kids this fall about money management. I know that you’re a humble guy…
How Safe is Your Nest Egg?
#Financial Literacy #InvestingIn this entry, I make references to “bonds”. But not all bonds are created equally. In this case, I am referring to safe, government bonds, not…