WHEN A MARRIAGE ENDS

News of the Bill and Melinda Gates divorce, and the enormous cost of such an action, are a reminder that whether by death or divorce, all marriages will legally end and the preparation for such should be part of every financial plan. I remember in my youth first hearing the phrase, “Prenuptial Agreement” or Prenup.…

DAY TRADERS: GENIUSES OR LUCKY TIMING?

When I was 15, I went camping with the scouts in Utah’s High Uintah mountains. On arrival a few of us dropped our gear and ran immediately to the lake to fish. That evening we caught something on almost every cast and soon had our limit. Entering camp with tales of our incredible fishing prowess,…

DOES AMERICA NEED RESCUING?

At a nice restaurant I saw the sign, “Patio is closed until further notice due to a labor shortage.” This was not the first time I had seen such a sign, so I reached out to a fast-food restaurant owner. He told me that though he has been busier than ever, he may have to…

THE DOWNSIDE OF LOW INTEREST RATES

Low interest rates have fueled our economy and stock markets for quite some time, and the Federal Reserve (Fed) says we will have them for the foreseeable future. Investors are excited about that. After all, who doesn’t love low interest rates? Few people get through life without taking out loans. Houses, automobiles, education, starting a…