Most middle-school children know Newtons third law of motion. “To every action there is an equal and opposite reaction.” This law applies to everything in life, not just physical objects in motion. Newtons’ law plays a key role in financial matters. Failing to account for it may lead to disasters such as our current battle…
Economic news shows often sound like someone pounding a single key on the piano. This week it’s all about the coming recession. Analysts are falling over each other trying to guess the date and time it will officially begin, with side predictions on how deep and long it will be. Financial talk shows pit financial…
One day I decided to walk home from work. My office was about 3 miles from home with much of the journey along a beautiful city trail with the remaining mile following a busy roadway. As I walked that last stretch, I had several good neighbors who were driving by, slow down and offer me…
Years ago, a large fund family sent out an advertisement showing a young boy at a table in front of a plate of peas. He was clearly unhappy with his meal given the expression on his face. The caption read, “This is what buying low feels like.” That ad is so true. When things are…