The kids are back in school and The Economist asked: if you could bestow any quality on your children, what would it be? This definitely caught my attention. It wasn’t great intelligence, empathy for humanity, or the ability to pass a fridge without opening it. Deborah Cobb-Clark, an economist
My dad loved a good scam call — especially IRS scams. In retirement, they were entertainment, a little mental sport. He’d adopt a stutter and ask endless questions: “Are you sure? What line was that on? Can you hang on while I go get my tax return?” Then he’d take his
Homes for sale in my neighborhood seem to be sitting on the market longer than they used to. So which is it — is San Diego headed for a real correction, or is this just the market finding its balance again? I put the question to Melina Rissone, a
Bonds and interest rates seemed to top the headlines this week – and “rage” is the operative word. The question I keep getting is: “why are interest rates going up when inflation is high and affordability is a concern?” It’s a viable question. Managing the economy and interest rates is
If I told you there’s a booming market where people put money on who wins Best Picture, or whether the FDA will approve a new drug, or whether King Charles will ever reconcile with Prince Harry — would you guess that’s happening in Vegas? Close, but no … It’s not
For forty years, Congress has known Social Security was heading for a shortfall — and for forty years they’ve mostly looked the other way. That may finally be changing! A bipartisan group of seven senators just introduced the PROMISE Act — Protecting Retirement Opportunities and Maintaining Income Security for Everyone.
Pop quiz. No cheating, no Googling, no asking the group chat. There are three quotes below. All from real, credentialed, smart people. Your job is to guess when the quotes were said. I’m guessing you land every single one in the last eighteen months. “The world is on a
My grandparents had the option to buy their home from a mail order catalogue. No kidding! No Amazon. No computers. Just a Sears Catalogue. From 1908 to 1942, Sears sold an estimated 70,000 — 75,000 houses. And they could buy the whole house! Sears would ship between 10,000 and 30,000 pieces of
Raise your hand if you’re about to join the roughly one billion people around the world watching the World Cup Final! Tickets for Sunday’s final between Argentina and Spain at MetLife Stadium are running from about $7,500 to over $69,000 on resale markets. Yikes! Smarter fans will be headed
The new Trump Accounts are out! Launched on July 4 – babies born 2025 through 2028 are eligible for $1,000 from the Treasury – invested in an S&P 500 index fund. Any child under 18 can open one — the birth window only determines who gets the free $1,000.
As America turns 250 years old, I thought it would be fun to dig into the finances of our Founders and see how they were with money. It turns out, their money stories are just as messy — and timeless — as ours! Alexander Hamilton built our entire financial system — the
An Initial Public Offering – or IPO – is simply the first time a private company sells shares to the public, turning it into a stock anyone can buy. There’s nothing quite like IPO season — it’s part celebration, part lottery, and part spectator sport. Investors clamor to see
I’m back from vacation – and somewhere over the Atlantic I realized airports and investing have a lot in common. Let me explain. Two weeks ago, I boarded a plane headed from San Diego to Croatia – with one quick lay-over in Newark. (Probably a bad omen to begin
Hi, I’m Julie Derry — Barbara asked me to fill in while she’s away. I am a Certified Senior Advisor ™ with Aging123 which provides cost-free personalized support to older adults and their families in finding Independent Living, Assisted Living, and Memory Care. Barbara will be back on June 21st,
Hi, I’m Julie Derry — Barbara asked me to fill in while she’s away. I am a Certified Senior Advisor ™ with Aging123 which provides cost-free personalized support to older adults and their families in finding Independent Living, Assisted Living, and Memory Care. Barbara will be back on June
Here’s the twist nobody saw coming. Kevin Warsh was confirmed as the new Chairman of the Federal Reserve on May 15th — widely expected to be the guy who finally brought interest rates down. Markets were anticipating it. Borrowers were hoping for it. Now? There’s serious talk of rates
So – if a floundering shoe company sells its entire business and reinvents itself as an Artificial Intelligence company – would you invest? I’m going to assume you said no. But someone said yes. Allbirds was a trendy and successful footwear company. In 2021, it went public at a $4
Have you ever wondered what the oddest job on Wall Street is? I just discovered that one of the most exclusive jobs on Wall Street belongs to a group of roughly three dozen people who spend their days sniffing coffee! It turns out, Wall Street has a job for
Several years ago, my neighbor Judy and I were walking home from a book club meeting. I was a bit miffed that the women barely talked about the book. She looked at me, smiled, and said, “this was your first book club meeting, wasn’t it?” Her response filled me
For the past several weeks, I’ve been having some meaningful conversations with clients. The theme that keeps coming up: they feel like they’re losing money, and they’re worried. That concern is real and completely understandable. Yet, when we look at the returns over the past one, three, and five
