Assets and Liabilities – Principle #2 My grandfather used to always tell me this phrase.  “Always own and never loan!”  I never understood what he meant, sure everybody would rather own and never take out a loan.  HOWEVER, this is the 2000’s and everybody gets a loan for dam near everything, right.  A house is…

ITS NOT ADDING UP!   Have you ever had a “weird” feeling, like something might not be wrong or right – but just weird?  That’s the feeling I have with ALL of the markets right now (its ALL of them – bond, equity, real estate, crypto). Let me set the stage for you.  We are…

HAVE WE LOST OUR MINDS – ITS VICE VERA? We should be ECSTATIC when equity markets go lower.  We should think it’s Christmas morning when we get market corrections.  We should dam near feel bad (like stealing) when we have market crashes!  NO, I am dead serious!!!  Think about this for a second.  You WANT…

RISKY BUSINESS Principle #1 Understand Risk As you know by now, I am not very bright – so let’s go to Webster.  The definition of risk is “a situation involving exposer to danger”.  Seems very generic to me but guess I can live with it.  I do KNOW this for a fact – the world…

THE GAMEPLAN I mentioned before that we have a problem educating people (mainly the younger generation) on finances.  Well, before we learn any of the basics, before you make a budget, before you sacrifice anything – everybody should dream and have some fun with this! I know this goes against our “instant gratification” culture, but…