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Fortune may favor the brave, but logic favors caution

February 14, 2022 by admin

The value of Bitcoin has dropped roughly 30 percent since it was announced last fall that Matt Damon was becoming one of the faces of Crypto.com. It’s not the actor’s fault, of course, but it’s not what anyone expected when the site released ads starring the Oscar-winning actor. For proof, consider this exchange from characters …

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It’s dead money when you pursue financial deadbeats

March 7, 2021 by admin

Most bad financial experiences at least come with a lesson, something good where you can say that money lost was the cost of your education as a consumer. This is not one of those stories. Instead, it’s about pure financial pain and emotional misery, something I’m facing again mostly in the hope that you can …

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Beware investment side dishes served at free lunches

March 28, 2019 by admin

    Market downturns don’t necessarily get average investors to run for cover, but they do convince a lot of people that it’s time for a free lunch or dinner.    That meal generally comes as part of an “investment seminar,” and while the food often can be good, the products pitched in these sessions can …

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Rising savings yields aren’t enough to reach retirement goals

March 20, 2019 by admin

   Investors have a lot of reason to think they should avoid the stock market these days.    “I’m making so much in my certificates of deposit” is not one of them.    And yet, I have met a number of seniors recently who worried their way onto the sidelines for much of the long-lasting …

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Beware the conflicts of money blogs and shows

March 15, 2019 by admin

   “There’s a lot of money in the money business.”    In the world of the modern financial blogger, podcaster, celebrity financial adviser and journalist turned radio host – and yes, that means me – an increasing amount of money being thrown around to buy influence, insights and to directly attract money.    It leaves …

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Don’t forget; 2008 crisis is now off 10-year records

March 15, 2019 by admin

   We’re just days away from the 10th anniversary of the start of the bull market recovery, and most investors can’t remember exactly how they felt back then.    Chances are, however, that one of the following adjectives applied:    Miserable, gloomy, crestfallen,  pathetic, anguished, agonized, dejected, despondent, distressed, tormented and/or broken-hearted.    Those words all …

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