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Every week I get pitched another retirement book, another guru with a system, another magic date to organize your entire life around. I’m here to tell you that approach is not just boring, it’s limiting.
Charlie Munger had a phrase for the things most likely to destroy your financial life: liquor, ladies, and leverage. Right now, leverage is the one quietly building a trap that millions of retail investors are walking straight into.
If your investment advisor’s firm was recently acquired by private equity, your account may already be getting a different level of service than you signed up for. Here is what is happening, why it matters, and what smaller investors need to watch out for right now.
The Trump administration just finalized new lending requirements that tie federal student loan eligibility to actual earnings outcomes. It’s a start, but the deeper problem is that government involvement in student lending has been inflating college costs for decades.
The Trump administration just finalized new lending requirements that tie federal student loan eligibility to actual earnings outcomes. It’s a start, but the deeper problem is that government involvement in student lending has been inflating college costs for decades.
I’ve been telling people for years that being a bad investor isn’t always your fault. Your brain is literally working against you every time you make a financial decision.
Everyone wants to know why oil hasn’t spiked to $150 or $170 a barrel despite all the geopolitical noise in the Middle East. The answer goes back to a lesson Wall Street learned the hard way during the First Gulf War.
May’s jobs report came in stronger than expected with 172,000 new jobs and positive revisions to prior months. But when you dig past the headline number, the composition of that growth tells a very different story.