Imagine you’re a quarterback passing the ball to an open receiver. The first throw sails five yards past. The next play, you throw it five yards short. Most people would...
Never invest in anything that can kill you. Now I don't mean cigarettes or other harmful items, but instead making the mistake of investing so much of your capital into...
We've often said time is our most precious resource. More valuable than money, more fleeting than possessions, nothing can be done to stop the spending of our time. But like...
I’ve contributed to the Denver Post monthly for a while now, and I’m grateful for readers who have reached out to me with thoughts, comments, and questions. Some about my...
How do you measure your wealth? Most people assume there are two typical ways. The first is a simple money calculation that takes everything you own, subtracts everything you owe,...
Two things should matter to retirees and near-retirees: income from investments, businesses, or social security, and how far that income goes to purchase goods and services. Taken in tandem, these...
At a party given by a billionaire on Shelter Island, the late Kurt Vonnegut informed his friend, author Joseph Heller, that their host, a hedge fund manager, had made more...
Read any financial website, and you'll find a common thread among the headlines: The market is overvalued. By several historical measures, the stock market appears to be ahead of itself....