One Step Closer to the End- Another prominent regulator warning about Cryptocurrency
It's unlikely that the U.S. Government is going to suddenly shoot down Bitcoin because it's gotten too big and it is approaching accident level. The Feds don't want to disrupt a nascent…
Bitcoin may or may not be the Currency of the Internet- but it's Certainly the Currency of Crime
February 28, 2021Uncategorized
How Hackers Bled 118 Bitcoins Out of Covid Researchers in U.S. Transcripts reveal University of California at San Francisco’s weeklong negotiation to free its ransomware-locked servers. The haggling…
What's worse as an investment- Tesla or Bitcoin? It's like the difference between a flea and a louse
February 24, 2021Warren Buffett,Berkshire Hathaway,TSLA,Charlie MungerHumor,Educational
Looking for something outrageously fun to do tonite? Educational, hilarious, and illuminating. Warren Buffett gets all the attention but Charlie gets the laughs at the annual Berkshire Hathaway…
SPACS, the New Investment Trusts that Were Part of the 1929 Crash
Investment Trusts were first introduced in the U.S. around 1926, in the form of trading corporations, with the sole purpose of investing pooled capital into stocks. And like many new investment…
Great Read on Annuities in this Week's Barron's
July 18, 2020deferred annuity,immediate annuity,indexed annuityUncategorized
Annuities Can Help Your Retirement Portfolio Stay Afloat. These Are the Best Ones Every time I hear someone explain annuities, my eyes kind of glaze over and I get lost in the fine print and…
Looking for income- try the High Yield Account
May 26, 2020Berkshire Hathaway,(JPM),WFC,PFG,LNC,GEO,KEY,MCYUncategorized
Nasdaq makes a new high and 30 million people file for unemployment. It all makes more sense when I heard this CNBC report today that the #1 usage of the Government stimulus checks is for stock…
Billionaire Sam Zell Gives a Remarkable Interview
Sam Zell is truly one of the world's best investors. This is a remarkable, candid, and in-depth conversation with a Bloomberg reporter on the real estate implications of the Coronavirus as well as…
Utility stocks- could they be the "new blue chips"?
"Utilities are the classic defensive investment. Generally slow-growing, but high-yielding and inexpensive relative to earnings, utilities are the traditional dividend value stock. Now Wall Street…
How to Avoid Selling when the Market is Down and Lock in Losses
Over the past month, you have often come across headlines such as “The markets have lost 30% off their value”, “Dow finishes down to mark worst week since 2008”, etc. Marriott CEO said this is worse…
Is the Cure worse than the Disease?
They said we would never experience a stock market meltdown again in our lifetime like in 2008. It was the largest destruction of wealth since the Great Depression, or so they said. Indeed, I…