Another week and it seems almost guaranteed that another fraud, failure, or disaster will emerge in the cryptocurrency world. The latest is the bankruptcy of FTX, a cryptocurrency exchange and trading business founded by Sam Bankman-Fried (SBF for short) and said to be the second or third largest in the space, depending on who you […]
Veteran Wall Street floor trader Art Cashin was 18 at the time of the Cuban Missile Crisis. Cashin’s father died in his last year of high school, so Cashin bypassed college and made the leap to Wall Street to help support his family. The education he received there was more about street smarts than book […]
“You’re telling me interest rates go up?” The increase in interest rates has surprised and panicked a lot of peeps. Heading south for almost a decade in Australia, they’re basically back to where they were in 2013. Only they moved from almost zero, back to where they were in 2013 in seven months. Ouch. I […]
Month 28 of the discipline project and what a difference a month makes. Again, sent the standard 1x contribution to the portfolio at the beginning of the month which was allocated to MSCI World ex Australia. So I received the full heft of the market movement upward with that buy. I also sold a portion […]
Upfront, this post is for entertainment purposes only. I am a buffoon and nothing I mention here should be relied on for making any investment decision. It is backward looking, not feasible, and offers no indication of how any of these funds will perform in the future. I hold positions in every fund mentioned or […]
If all humanity’s problems stem from man’s inability to sit quietly in a room alone, then all of our retirement funding problems stem from man’s inability to sit quietly and not fiddle with his investment portfolio. Rainmaker put some “research” out, which amounted to gathering superfund returns for 12 months along with asset class returns, […]
This was pretty cool. Your Investment Philosophy was mentioned on the Rational Reminder podcast. I watch their podcast on and off, usually depending on the guests. I like it because it kind of reminds me of old school public radio where you have relaxed and well informed hosts who are hosting long shows and having […]
Early last month myself and my co-author Peter Mancell pressed publish at Amazon for our new book, Your Investment Philosophy: A guide to managing wealth and protecting it from fraudsters, marketers and doom merchants. It was relatively uneventful, mainly because our primary audience was our own client base who we intended to give the book […]
Month 27 of the discipline project and September 2022 was a pretty ruthless one. I’ve been in the habit of sending money to my investment account almost at the start of the month. The contribution was 1x and allocated to global small companies. After the Fed did their thing we had a bit of a […]
You may know the names Vanguard, Blackrock, and State Street. All are global investment managers who have done a lot to champion low-cost access to investing for retail investors. Due to their scale and focus on index tracking funds, they have a stake in the great majority of listed companies, and they own a decent […]
