$1 Billion Tax Bill
…other advisors were competing to come up with gloomier answers: seven years, no, eight! Eleven years, maybe 15! As it happens, it was around four years; although the folks in…
…other advisors were competing to come up with gloomier answers: seven years, no, eight! Eleven years, maybe 15! As it happens, it was around four years; although the folks in…
…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…
…24th, VFINX was in 71st percentile compared to its peers. For that 10-year period, VFINX outperformed the category by 0.53 percent per year, which compounds to a 5.43 percent cumulative…
Somewhat like Hurricane Michael, the stock market selloff last week seemed to come out of nowhere quickly, and it hit hard. The question on everyone’s mind is what caused the…
Just before the 2008 financial crisis, a Wall Street insider tipped off the Securities and Exchange Commission (SEC) to insider trading at a large, successful, but largely little known hedge…
…will do my fair share of post-mortem analysis and offer a few thoughts about the year to come. Of course, one of the lessons from 2014 is that it’s tough…
…market shrinks in the global financial crisis, but the average number of jobs created in the 2010s is about 200k. Then the pandemic comes along, and I clipped the chart…
…pretty dry, and I think it’s fairly obvious that I’ve got a high pain threshold when it comes to highly technical investment related books. It seems to me that it’s…
…which is the commission that the custodian charges to execute the trade. Most of the time, the commission on a stock or exchange traded fund (ETF) is $8.95.  That…
…feel like part of my job is to temper expectations. Last week, I was talking to a colleague about the forward price-earnings ratio of the market, and how it compared…