Nothing frames your view on an investment like the price you paid for it.
On today’s show we talk about:
-Young people are trading
-Refinancing activity heating up
-How we service interest payments if rates rise
-Instagram and YouTube
-How many people don’t tip, and much more
The New York Fed just updated its quarterly report on household debt and credit and things are looking About 1.0% of current mortgage balances became 30 or more days delinquent in 2019 Q4, near the lowest level observed in the data history. Low interest rates are hurting savers, but they’re helping borrowers. Mortgage originations soared…
The secret of stock picking is that it’s not about stock picking.
On today’s show Ben and I talk with John K. Schonberg, CFA, portfolio manager of the Covered Bridge Fund. This strategy holds blue chip stocks and then sells calls against these positions to generate income.
Mars attacks, the key to growing a big portfolio, and the biggest lie in personal finance.
Tough times in Atlantic City, the future of sports betting, the cost of money, and the inevitable recession.
On today’s show we discuss:
-Ray Dalio versus the Wall Street Journal
-ZeroHedge’s permanent suspension
-Fool’s yield, and much more
Seniors are working at historic levels, what version of yourself gets the final say, and the FIRE movement.
The best stuff from last week