We’ll be married 25 years this November. Together for over 27 years. One of our first trips together was to Chicago, where, after Babson, Becky went to graduate school at DePaul University. Back in 1995, when a fraternity brother invited us to his wedding in Chicago, this was a chance to visit Becky’s old stomping […]
The Rich Seek More from Bank Accounts
You’re not the only one seeking more return on your cash from your bank. Despite interest rate increases initiated by the Federal Reserve, banks have been slow to increase interest paid to savers. Non-bank players like Fidelity Investments are the beneficiaries of bank inaction, with money market accounts paying owners close to four percent. The […]
I Started with Gold in 1971 at $35/oz
UPDATE 1.4.23: Gold prices have risen considerably since their 2022 lows of $1622.65 per ounce on September 26. Prices per ounce closed on January 3 at $1839.61. Prices are rising in dollar terms as the greenback weakens after a record-setting run of strength. Prices for gold still have some way to go to reach their […]
Your Survival Guy’s Take on IRS Potentially Changing RMD Rules
As you may know, Your Survival Guy has a history of spec ops and RMDs at Fidelity Investments. And this time of year was always a scramble to meet the end-of-year deadline for distributions. Falling on the wrong side of December 31 meant getting to know the IRS through letters. Not much fun. You may […]
How Your Survival Guy Feels about CDs
Investors in deep blue states can take pleasure in knowing interest income from Treasuries is tax free on a state and local level—but that’s not the case for CDs. Also, Treasuries are backed by the full faith credit pledge of the federal government. Again, not so for CDs. Action Line: This is a wonderful time […]
Your Survival Guy’s Great Year Picking Some Lessons Learned
Let’s get this out of the way. If you’ve been with me, it’s been a great year. As I’ve said before, slow and steady wins the race and, just as important, finishes it too. For those tangled up in crypto, FTX, et al. the game is over—there’s no more time on the clock. And the […]
Vanguard Remembers Its Fiduciary Duty, Steps Away from Environmental Group
Back in March of 2021, Vanguard joined what is known as the Net Zero Asset Managers (NZAM) initiative, which is part of the United Nations’ “Glasgow Financial Alliance for Net Zero” (aka GFANZ). GFANZ is “committed to accelerating the decarbonization of the economy.” Raising environmental concerns above best serving customers could violate Vanguard’s fiduciary duties. […]
ESG, Richard Young, Jack Bogle, and You
Vanguard, one of America’s largest mutual fund companies, is, according to Will Hild in The Wall Street Journal, violating an agreement with the Federal Energy Regulatory Commission (FERC) by meddling in the affairs of regulated utilities with its ESG policies. Hild writes: Americans are paying sky-high electricity rates and companies like Vanguard are making the […]
Your Survival Guy: GNMA, L’Ami Louis, and You
Happy Friday. I want you to go to the most controversial restaurant in all of Paris. But first, a bit of business. As you know, Your Survival Guy isn’t big on selling positions. My default position is to hold forever. With that said, it doesn’t mean I operate with my head in the sand, far […]
My Money Sleeps: “I Never Bought a Car as an Investment in My Life,” Jay Leno
“I never bought a car as an investment in my life,” explained Jay Leno back in 2015 when a guy offered him $12 million for a McLaren he had bought twenty years prior for $800k (watch the video below for why he doesn’t sell). Gale Warning During Newport’s Concours and Motor Week “I work, and […]
- « Previous Page
- 1
- …
- 3
- 4
- 5
- 6
- 7
- …
- 17
- Next Page »