Yield Curve, Does It Matter?
A yield curve is a graph that shows the interest rates investors earn on federal bond commitments with different lengths of time until...
Tulip Mania!
Tulip Mania was a speculative bubble that took place in the Dutch Republic during the 1600s. Prices for rare tulip bulbs rose to...
Margarine and Shorts
First, what is margin? Margin is a collateralized loan from your custodian that lets you control more exposure than your cash balance....
A Real Estate Investment Trust is a company that owns, operates, or finances income producing real estate. REITs allow investors to earn income produced through commercial real estate ventures without having to buy, manage, and most importantly, finance properties. Characteristics of REITs -Zac
For those who don’t recall statistical mathematics: Because of the outsized wealth of a small proportion of people, the mean net worth of Americans is dramatically higher than the median. Numbers Time Age Group Median Net Worth Mean Net Worth Under 35 $39,000 $183,500 35–44 $135,600 $549,600 45–54 $247,200 $975,800 55–64 $364,500 $1,566,900 65–74 $409,900 […]
Naval power and reserve currency status are connected through geopolitical power, global trade, and financial stability. Naval power allows a country to secure important trade routes, which are important for trade opportunities. A reserve currency is used in international trade. If a country’s navy ensures safe and open sea lanes, it’s easier for global trade […]
Artificial intelligence is destroying the abillity of young men and women to innovate. It interferes with the human experience, intellectualism, and happiness. AI recycles known concepts in a very compelling way. However, it still remains derivative and spawns from previous conclusions made by thinkers of the past. As a country we have consistently innovated and […]
Sometimes in a taxable account we may see that we have a loss and wish to reposition our portfolio. In this scenario we take a loss on paper and purchase an asset that has exposure to similar risks and opportunities to the asset that was sold. This is called tax loss harvesting. This creates losses […]
While gold has been a fine position in 2025 for a variety of reasons, we must remember this is no longer a real form of currency. If you believe moving to a fiat system was an error, I can understand. However, gold is an impractical and cumbersome way of doing business as a form of […]
Under current tax law, married couples filing jointly can exclude up to $500,000 in capital gains when selling their primary residence. Most homeowners today likely have significant gains in their homes as housing prices continue to increase. This is an important tool. Here’s How: Both spouses must have used the home as their primary residence […]
A 1031 exchange, also known as a like-kind exchange, is a provision in the IRS code that currently allows real estate investors to defer paying capital gains taxes on an investment property when sold, as long as another similar property is purchased with the profit gained. Details This only applies to investment or business properties, […]
Imagine you wished to acquire coal, yet you only had fur or food to trade. Imagine you wished to acquire a telephone but you only had gold to exchange. This exchange is possible, but it’s extremely inefficient. Standardized currency solves this problem by creating a form of exchange and liquidity that is essential for the […]
I wish to remind you if you lose 50% on a position, to get back to zero you require a 100% return. Index funds are useful and paying extravagant fees is not helpful. However, throughout my career what I have found most important is don’t lose money ever. During booming market cycles it can be […]
