Investing in Silver Still 40% Off The Peak

Investing in Silver demand has grown for the second year running in 2019, say leading analysts, with investor sentiment towards the metal turning positive as bullion prices have risen. Global sales of silver investment bars and coins will likely show “healthy gains” and rise 7% across full-year 2019, according to specialist consultancy Metals Focus, reaching…

10 Most Important Lessons in Investing & Finance – Jim Grant

I’ve published over 800 issues of Grant’s Interest Rate Observer to date… That’s more than four million words of market analysis. I’ve made some good calls in that time (and, yes, some bad ones). I’ve even gained some fame – at least in certain circles – for my more accurate predictions. But, more importantly, I…

A Dozen Lessons in Investing – Edward Thorp

“Edward O Thorp is the author of Beat the Dealer, which was the first book to prove mathematically that blackjack could be beaten by card counting, and Beat the Market, which showed how warrant option markets could be priced and beaten. He also was the co-inventor of the first wearable computer along with Claude Shannon….

Business Lessons from Alton Brown

I decided to write a blog post about Alton Brown (“AB”) not just because he is interesting, but because he is an entrepreneur who built a business without venture capital. AB has on several occasions talked about how he needed to get bank loans to grow his business. Since bank loans, together with personal savings,…

How To Live off 35% of Your Income & Retire by 40

In the age of Silicon Valley, a lot of us dream of launching the next Warby Parker, Instagram, or Airbnb—a wildly successful business that will leave us financially set for life. But the game is kind of rigged. Research says that, on the whole, entrepreneurs aren’t the fearless, high-achieving heroes we imagine them to be….

Planning for a Non Retirement

Much of financial planning focuses on retirement. But what if your client isn’t planning to retire? Trish Wheaton, former global managing partner of one of the world’s largest communications groups, is grateful that she could work 30 years in advertising — an industry notorious for employing youthful “mad men.” She wasn’t surprised when she was…

How Many Greater Fools Does It Take To Make A Bubble – Jason Zweig

Where do market “bubbles” come from? A team of neuroscientists and economists has produced the first scientific evidence for what prudent investors have long believed: Paying attention to what others are doing is the easiest way for traders to get carried away.  This new research can’t prevent the mass contagions that lead to bubbles. But…

Investing By Going Against the Grain – Whitney Tilson

If you were a serious baseball player, would you make it a point to read The Science of Hitting by Ted Williams (the last man to bat .400) and other books by history’s greatest hitters? Of course you would, in the hopes of maximizing your chances of repeating their successes — and avoiding their mistakes….

Losing the Losers Game – PFP Wealth Management

“The  first  panacea  for  a  mismanaged  nation  is  inflation  of  the  currency;  the  second  is  war.  Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.” – Ernest Hemingway. “Recovery in sight, says departing Bank of England governor Mervyn King..” – The Daily Telegraph. In…

The 3 investing questions retirees need to ask

Managing your investment portfolio in retirement can be tricky. Investors need to balance income generation with risk and capital preservation. Getting the balance wrong means you could run out of money. When trying to make your money last in retirement, every penny counts. And you can lose a lot of those pennies in surprising places….

Five mistakes to avoid when investing in an ELSS fund

With the tax-saving season having begun, a lot of people are looking at investing in equity-linked saving schemes (ELSS), where they can get equity-like returns along with the benefit of tax saving. However, investors also make a number of mistakes when investing in these funds. Here are some of the common ones that they should…

The 1 thing Millennials need to know about investing

The oldest Millennials are now starting to enter their formative years in the workforce and the youngest of the group will soon graduate from high school. Millions of Millennials are going to be making decisions about what to do with their finances and how much to spend or save for the future. As Millennials think…