This past week the Kansas City Royals qualified for the playoffs for the first time since 1985, the year they won the World Series. That 29-year drought was the longest non-playoff drought of any major sports franchise in America. George Brett led the Royals to the 1985 World Championship, and there are many young children…
The nastiness has begun. It’s a mid-term election year and everyone running for office wants to tell you how horrible his or her opponent is. As our country waffles back and forth between our version of capitalism and our version of socialism, it appears that Republicans stand a very good chance of winning back the…
July was ambitiously aiming for another month of stock market gains. Then POW! July 31st wiped out the entire month’s gains and then some. Stocks on U.S. exchanges lost almost 2% in one day, continuing downward the first few days of August. Well, what were you expecting? The stock market is up over 190% since…
We have officially removed airlines from our list of industries in which we would absolutely never invest. Years ago, I decided it was a dicey proposition to invest in airline stocks and vowed to avoid them. It was an industry that always seemed to figure out how to shoot itself in the foot, and I…
Since the stock market “bottom” of March 2009, the S&P 500 has climbed 169%, which translates to over 21% per year. Conventional wisdom would tell you that the stock market is overvalued and is due for a correction. But then conventional wisdom probably told you the same thing a year ago when the S&P 500…
