Richardcyoung.com

A Refreshing Story of U.S.A. Gold

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When the Sochi Olympics begin our best chance for gold on the mountain may be from a woman not named Vonn. Her name is Mikaela Shiffrin. And while the 18 year-old can ski with the best of them, it is her story that separates her from the pack. Unlike many Olympians that have spent a […]

Bitcoin Plunges!

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Chinese authorities quashed Bitcoin in their country today. The New York Times reports: China moved on Thursday to restrict its banks from using Bitcoin as currency, citing concerns about money laundering and a threat to financial stability. The action comes as monetary authorities around the world have begun to confront the issue of Bitcoin, a […]

How Warren Buffett’s Business Started

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It’s hard to believe that legendary investor Warren Buffett got his start in New Bedford, MA. I grew up a couple of towns over in Mattapoisett. His Berkshire Hathaway deal didn’t turn out the way he had planned it would, but he obviously learned a thing or two from that experience. The Mayor of New […]

A Guaranteed Investment

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You know there aren’t many guaranteed investments out there today. But If you are a participant in a defined contribution plan, such as a 401(k), you may have access to one of my favorites. It’s called the company match. The company match is when your employer matches your contribution up to a certain percent. For […]

The Folly of O’Care

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From the WSJ’s Notable and Quotable: From Friedrich A. Hayek’s lecture “The Pretense of Knowledge” upon accepting the Nobel Prize in economics, Dec. 11, 1974: To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact […]

Planes, Trains and Automobiles

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On a recent trip from  Logan Airport I overheard a little girl ask her mother why they had to wait so long. The mother replied, “Because when you fly you rush, rush, rush and then wait, wait, wait”. Cato’s director of tax policy studies Chris Edwards, in his policy analysis Privatizing the Transportation Security Administration, […]

Mark Steyn, Jonah Goldberg and the NRO Gang

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Jay Nordlinger, senior editor of National Review, writes: Last week, we had a fundraiser in Boston – a party at the Harpoon Brewery. By “we” I mean National Review and National Review Online. It was an interesting, satisfying, and rollicking time. I expected the Harpoon Brewery to be a restaurant with a serious amount of beer. Near […]

Counterbalancing for the Crushing Market Declines

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A counterbalanced portfolio is your key to investment success. For an example of how counterbalancing works I’ll point you to the Vanguard Wellesley fund. For my taste, a “one size fits all” fund simply does not exist today. But this one comes pretty close. Take a look at the years where stocks were destroyed. When […]

States that are Cutting Taxes

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The Red State tax cut revolution is just getting going. The WSJ’s Stephen Moore writes: After five years of wrenching fiscal deficits, states are once again experiencing stable budgets and healthy revenue growth. A new report by the American Legislative Exchange Council—a national network of more than 2,000 state legislators—finds that about one-third of the […]

BUY HARPOON!

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“Is it me, or are we all walking around with a little jump in our step now that everything we’ve been warning people about Obamacare—for the last three years—has actually come true?” said one of the All-Star panelists. This was an evening to remember. The All-Star cast from National Review was in rare form at […]