A reader named Medusa wrote me and, to keep it short, explained that I shouldn't believe people should be rich because the Bible is against rich people, that I was going to die a miserable, lonely old man with no one who loved me because I saved my money instead of spending it, and that after reading a profile I wrote based on Federal Reserve data of the Capitalist Class in the United States, she was starting to consider the possibility that the rich were nothing but oppressors who steal from … [Read more...]
Response to What Is Probably the Most Ignorant Message I’ve Received In 10 Years of Writing Finance Articles
Precious Metals Asset Allocation

For investors that want to add gold, silver, platinum, and other precious metals to their asset allocation plan, you'll find that it has never been easier thanks to a new wave of financial products that have been created over the past ten years. Whether you are seeking an inflation hedge or you want to speculate on the long-term direction of a particular commodity, precious metals asset allocation can have its benefits. Depending upon how aggressive you want to be, you can even earn … [Read more...]
Tactical Asset Allocation and Your Portfolio

Tactical Asset Allocation vs. Value Investing The difference between tactical asset allocation portfolio management and value investing is that tactical asset allocation only seeks to find undervalued asset classes - not individual securities or investments. That is important. An investor that is using a tactical asset allocation approach may look at stocks, bonds, real estate, gold, oil, and fine art. He may then decide when real estate prices are more expensive relative to gold prices … [Read more...]




