Getting Rich Slowly: The Power of Compounding!

Getting Rich Slowly: The Power of Compounding! Nothing could better demonstrate the power of compounding investment returns than the recent announcement by Michael and Susan Dell, donating more than $6 billion to fund $250 each for 25 million children in the US who are not beneficiaries of the $1,000 contribution to the “Trump accounts” included […]
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Is Housing About to Become More Affordable?

Is Housing About to Become More Affordable? One of the things we discuss with regularity is the housing market. The rise in real estate prices appears inexorable, but at some point, the basic laws of economics – supply and demand – eventually hold sway. Home prices rising at a much faster rate than incomes reduces […]
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The AI Honeymoon is Over…Welcome to the AI Marriage

The AI Honeymoon is Over… Welcome to the AI Marriage It was a roller coaster week and the first market indication that the hard part of AI is beginning now. We stole our title from Open Field Capital’s most recent memo on AI, signaling that the easy money has been made, and the hard work must […]
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The Penny Finally Succumbs to Inflation

Inflation Wins, The Penny Loses The old saying “It’s not worth a penny” implied that something was worthless. I guess even a penny isn’t worth a penny anymore. This week marked the end of an era when production of the penny (which costs four cents to make) ceased production permanently. The penny is still legal […]
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Cracks Appearing

Cracks Appearing The stock market bucked the historical trend in October, rising 2.7% in one of the worst months for stock market performance (the 1929 crash, the 1987 crash, etc.) However, the market has been unable to maintain the good vibes into November, which is historically one of the best months for stocks. Go figure! […]
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Playing With Fire

Playing With Fire Halloween is meant to be a scary night, but not as scary as the impending cessation of many social programs resulting from the government shutdown. Short government shutdowns are generally just a matter of political gamesmanship and last only a few days. Longer shutdowns create real problems, for real people, and we […]
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