SOMETIMES BAD THINGS JUST HAPPEN

On September 11th,  2012 an automated text message from the mayor of Santa Clara, Utah warned that the dam above my house was about to break. I raced home but before arriving received a call from my neighbor.  He was normally quite a jokester but there was no joking in his voice when he said…

IT DOESN’T GET ANY BETTER THAN THIS.

I recently attended an investing conference where an economist gave a speech entitled, “It doesn’t get any better than this.” He pointed out all the great economic news that seems to be the standard for the past couple of years. One of the items was the very low unemployment rate. According to economists, our country is…

CAN GAMES TEACH INVESTING SKILLS?

Years ago I decided to participate in an investing competition sponsored by one of the leading financial firms. The rules were pretty simple. You were given $250,000 in pretend money that you could invest and at the end of 90 days whoever had the most money won. It sounded like a fun idea so I…

THE STORM OF RISING INTEREST RATES

August has been a month of thunderstorms and on a recent afternoon flight home from Salt Lake City I knew there was a high likelihood I would be deviating around them once again. On this one-hour flight I left early in hopes of avoiding the weather, but storms can build very quickly and by the…