“These are the times that try men’s souls.”— Thomas Paine In my soon to be bestselling book, LOSE YOUR BROKER NOT YOUR MONEY, I reiterate what so many patriots have before me: governments never have enough control over man, over People, and over Markets. The natural instinct of government is to control people and their...Read More
The Dow Jones Industrial Average gained 245 points or 2.47% on a day that boasted these two contradictory WSJ headlines: Good News Boosts Stocks Fed’s Beige Book Points to Sluggish Growth First, most markets offer mixed signals to investors consistently. Keep that in mind. Second, market conditions do not change in a single day. In...Read More
How many times have you heard class warfare proposing to tax businesses more, and to raise taxes on “rich” people (those making more than $250,000 per year, according to President Obama) to fill the budget gap in America? Businesses versus People. Rich versus Poor. And I’m sick of it. First, businesses do not pay taxes...Read More
It was another sloppy day on Wall Street today, as once again the Dow struggled to maintain the action zone midpoint while gold regained its stride. That should tell you something. These three Wall Street Journal headlines should drive the point home. Economy Fails to Add Jobs Stocks Futures Keep Falling, and Big Banks Face Suits on Mortgage Bond Losses In short: the...Read More
The most popular question I get since writing my book is: What inspired you to write: LOSE YOUR BROKER NOT YOUR MONEY? And to be truly honest, it was stories like these. Most people go to Wall Street brokers for three reasons: advice, information, and investment management. It took me five years to write my book, and as I...Read More