…on their platform. I think it was $29.95 when we started Acropolis and was $4.95 until it went commission-free in 2019. Although the previous cuts in commissions were due to…
…what the market thinks inflation will be. The breakeven rates fell to very low levels during the pandemic and were starting to come back in March. At the time, we…
…you see all other commodities in blue. The BLS starts with food and energy, which are large and volatile components (as seen in orange and red, the ‘hot’ colors). The…
…is called the Tier 1 Risk-Based Capital ratio, and it’s a core measure of a bank’s financial strength. The computations can be complicated, but the basic idea is that you…
…people I talked to said I should get simple level-premium term insurance, meaning the insurance premium would stay constant for 20 years (I could have picked other terms, but that…
…not a fair comparison because they aren’t on an apples-to-apples basis. We must look at the muni bonds adjusted to pre-tax levels for a true comparison. We could look at…
…buckets based on the steepness of the yield curve. There is compelling evidence that short-term bonds and long-term bonds perform differently when the yield curve is at extreme levels. Today’s…
…a lot of it has been good old-fashioned speculation as prices have outrun earnings. This is evident when looking at prices through the lens of company fundamentals. Consider the price-to-earnings…
…the stock closed at $85 per share, a decline of nearly 70 percent on accusations of ‘aggressive accounting’ and possible fraud. Thankfully, we don’t own the company, but I haven’t…
…manufacturer best known for its famous ketchup. Buffett and 3G paid about $28 billion for Heinz – each company contributed $4 billion in cash, the company issued $8 billion in…
