There’s nothing rational about the stock market; if markets were rational the financial entertainment industry would be out of business almost overnight. The fact is markets are wildly irrational because…
Money
-
-
Every third person you pass on the street is being hounded by debt collectors. Except in Dallas, where close to half are not answering the phone. That’s the finding of…
-
One of the first questions an investment broker will ask you is about your financial goals. I always had a hard time with that question because mine weren’t that specific.…
-
Everyone needs an intervention at some point and it’s not always for something big. We all fall into habits that, one day, outlive their usefulness. That tends to be particularly…
-
Of course you know the stock market will eventually correct – don’t you? You certainly didn’t think it would continue to go straight up – or did you? The very…
-
Add new housing starts to the list of things indicating a recession may be looming. The Commerce Department released data today indicating sales of new single-family homes are down 4.9%…
-
If you’ve been thinking of setting up your own small business, I’d like to share a story with you. Take a few minutes to read this account of what happened…
-
It’s surprising how many people with an otherwise spotless credit and payment history will suddenly decide to risk it all by cosigning a loan for a friend or relative. The…
-
Failure in small business comes in many forms, but the surprising bit can be when it comes more than the actual mechanics. Frequently the most serious money mistakes happen either…
-
It’s not unusual to hear people complaining about the government, and about how Wall Street is corrupting our political processes. It is certainly true our political process is corrupt —…