It should be apparent by now that we are likely in a recession, as the Federal Reserve has finally embarked on a policy of tightening monetary policy to deal with historic inflation. Most pundits were shocked that 1st quarter GDP came in at -1.4%, as virtually no Wall Street economist predicted that much weakness. I [...]
The vast majority of people who are throwing their money at the markets these days have virtually zero understanding about the concept of risk management. Most of these people might have a few thousand dollars to blow and figure that, instead of going to Vegas, they'll give Bitcoin a shot, or a stock like Gamestop. [...]
In the investing world, two assets are currently all the rage... Bitcoin and Tesla. Bitcoin has turned many early investors into multi-millionaires over the course of the last eight years or so. Tesla stock has turned its majority shareholder, Elon Musk, into the world's wealthiest man. Both have spiked to new all time highs in [...]
Bitcoin is all the rage again these days, after the crypto currency blasted through $20,000, $30,000 and then $40,000 in the last month. Not surprisingly, everyone and their grandmother wants in on the action. Here's a piece of advice... When everyone and their grandmother wants to buy something, whether it is a stock like Tesla, [...]