Will Burry be correct this time as well? Fund manager Michael Burry is famous for predicting the great financial crisis and shorting real estate before the market crashed in 2008. Well he recently became bearish again on the financial market. From the latest 13F filings Burry disclosed he has bought about $1.6 billion worth of put options for… Read More »
Tying the knot can have many practical financial benefits. Married couples often have dual incomes. They get tax breaks, enjoy economies of scale, can rely on each other during adverse life events, and generally have a longer life span than unmarried folks. But is it possible to put a dollar amount on the benefits of marriage? Well, some… Read More »
You may have noticed the stock market going up lately. But the S&P 500 index has only been driven up by a handful of concentrated companies in the technology sector. The AI hype is real. Most stocks, however, are actually trading below their 50 day moving averages. The financial sector has been one that’s been underperforming. My… Read More »
Retail investors such as you and I cannot compete with the big fund managers when it comes to speed or scale. But there are other factors to consider when making money in the financial markets. Here are some things to keep in mind that should give us an advantage over the institutional players. 🙂 Time: Large fund managers… Read More »
Air Jordans sell for record $2.2 million Auction house Sotheby’s just sold a pair of signed sneakers that Michael Jordan wore during the 1998 NBA finals. The record breaking $2.2 million winning bid was actually on the low side of expectations. The pre-sale estimate was a range between $2 and $4 million. “The sale speaks volumes of Michael… Read More »
I’m a fan of stealth wealth, but… There are many benefits to stealth wealth, which is the practice of not showing off how much money you have. Fewer people will ask you for money if they don’t know you have money. 🙂 It’s also easier to determine who your real friends are. You’re also less likely to get… Read More »