If you’ve been around longtime investors, you’ll probably hear them say, ruefully, “If only I had gotten in on the ground floor of such-and-such computer or social media company, I’d be rich today.” Read More
Two men were examining the output of the new computer in their department. After an hour or so of analyzing the data, one of them remarked: Do you realize it would take 400 men at least 250 years to make a mistake this big?
The point is — if you start with bad data or false assumptions, the conclusion reached isn’t all that beneficial. Read More
Many people who bought their first home when prices peaked between 2005 and 2008 have had difficulty selling their homes without taking a financial hit. It was, after all, during those same years that 100 percent financing was all the rage — and some lenders were even making loans for more than the purchase price at the time. Read More
While summer vacations and national holidays typically provide a break for everyone who would be considered a member of the working public, there is one big break ahead that’s a priority on most everyone’s calendar — retirement. Read More