Have you ever heard of a theory called the Latte Factor? The theory goes that if you gave up your $5 a day Starbucks latte and rather invested that money over time, you would reach a sizeable amount of money to help you achieve your retirement or some other wealth management goal. Here is the math on this theory using … Read More
Science says parents of successful kids have these 11 things in common
When my wife sends me a link to read typically it is pretty good. And usually the article she refers me to will make its way into a post. Those of you with children will probably find this post the most interesting. Full disclosure, I have no idea where Business Insider comes up with the “psychological research” or “science” to … Read More
Four Retirement Goals Everyone Should Consider
Recently I was doing some research on the retirement income challenge and while many of us diligently save each month in an employer-sponsored retirement plan such as a 401(k) or 403(b) or an IRA option such as a Traditional or Roth, do we really understand what we are saving for? While each individual will have their own unique answer to … Read More
Managing Your Family’s Financial Affairs When You Are Not Able
During a recent meeting, a family asked me, “Who will be able to help my family manage our financial affairs when I am no longer able?” The person who asked the question took the sole responsibility for managing her family’s financial affairs and was able to build a sizeable investment portfolio and a retirement plan that allowed both her and … Read More
What does the movie Revenant have to do with the Stock Market?
Who here doesn’t like the upside of risky assets? Probably no one. It’s likely that a fair amount of people during bull markets probably forget to consider that equities are risky investments. But then the horrible bear like the one straight out of the movie Revenant chews through a portfolio as it chewed through poor Leonardo DeCaprio (it was a … Read More
“It is always morning in America”; Highlights from Warren Buffet’s Annual Shareholder Letter
Warren Buffet’s Berkshire Hathaway annual shareholder letter is always a great read for both investors and non-investors. The manner in which he writes his letters in plain English so that people can better understand them is a true skill. One of my favorite Buffet quotes is “it is always morning in America.” So what does this mean? Those familiar with … Read More
Why Some People Do Not Believe that the Economy is Better
While the economy may have improved since the Great Recession, there appears to be an increase in uncertainty. A sea change of sorts has been overtaking the American Dream if you will. Once upon a time, it was merely a high school education that one needed to secure their spot within the middle class of America. From there the road … Read More
Pictures Help to Tell the True Economic & Investment Story
Sometimes a picture can tell a thousand stories. However, I hope to use far fewer words and utilize only three pictures (graphs actually) in which to explain the story behind the price declines within the U.S. equity markets. Let’s begin with the two graphs below which from my viewpoint tells of the correlation between the drop in equity prices over … Read More
Amazon Products Valuation: It is an Amazon World and we are Just Living in it
Below is one of the latest instalments of L2’s weekly Winners and Losers. While I continue to not be a fan of Amazon’s valuation, I continue to be a big fan of Amazon and its products.
