Investment Strategy
The world now has $250 trillion in global debt and growing. More importantly, relative debt has also increased. Global debt as a percentage of GDP climbed from just over 280% to nearly 320% over the past decade: Chart Source: Bloomberg The next time we have a global economic slowdown, or a recession in certain key regions, debt as a … [Read more...]
The short-term interest rate set by the central bank is one of the most important numbers in any country’s economy. Interest rates dramatically affect economic growth, inflation, the housing market, equity valuations, bond valuations, and even gold prices. In addition, the interest rate yield curve is important for an economy. The yield curve … [Read more...]
Hundreds of thousands of people search for terms like "stocks to buy today" or "best stocks to buy" or "top stocks for 2019" every single month. The appeal is understandable, but most of the articles that pop up are ones quickly written by freelancers that often don't even invest in the stocks they pitch. They're just writing for one-time clicks … [Read more...]
The most common concern readers express to me in my inbox is that they want to figure out how to prepare for the possibility of a stock market crash or prolonged bear market. It's a reasonable concern, given how the United States has enjoyed 9 continuous years of economic expansion, we have significant government deficits, and the stock market … [Read more...]
Imagine never worrying about money again. Consider what it would be like to never think negatively about bills, about getting fired, or about recessions. Picture what it would be like to be "work optional" for the rest of your life, because you have enough money stashed away, and enough passive income, to only work when and if you choose … [Read more...]