I can’t remember a time in my life when I didn’t run a business, and every business taught me valuable lessons. Like many others my age, my first business was a lemonade stand at the age of six, which I shared with two of my siblings. I learned a lot in that short-term business, most…
All my life I have loved to fix things. I was never content letting someone else do it. I had to do it myself. At age 7 when my gas-powered airplane wouldn’t start, I put my little brain to work. I knew it needed fuel, air and battery in the right quantities to start. I…
Several years ago I began writing columns on computer generated trades, and more recently on the new Robo Advisor platforms. I have mentioned there are pros and cons to allowing computers to make your investment decisions. On the “pro” side, computers may remove emotion from the process. Emotions have damaged many investor portfolios. Although, one…
It’s been a wild week on Wall Street with the Dow average falling about 12% over five days. At times like this I look at history for perspective. I got my introduction to market volatility in October of 1987 when the Dow average fell almost 23% in a single day. By today’s standards that would…