Author: chip

This report describes the responses to the 2019 Surveyof Household Economics and Decisionmaking(SHED) as well as responses to a follow-up surveyconducted in April 2020. The Federal Reserve Boardhas fielded this survey each fall since 2013 to understandthe wide range of financial challenges andopportunities facing families in the United States.1The findings in this report primarily reflect

Rule #2 → Refer to Rule #1 Rule #1 → Do Not Lose Money Invariably, in the world of investing something is going to happen unexpectedly that could end up costing you money. It’s painful. For example, let’s say you invest into a company that is allegedly best-of-breed; it has a capable management team, ample

Today’s economic story is a tale of two cities: ▲There are fortunate folks who have remained gainfully employed and been able to manage okay during this COVID-19 meltdown. Many of these workers are stock market participants and, after the worst kind of market volatility and violent selloff, have seen their investment portfolios resurrected by the

Short version click here. Longer version, keep reading. “This period, like the 1930s through 1945, is a time frame which I think you’d be pretty crazy to own bonds.” —Ray Dalio, CEO of Bridgewater Rule #1 to Investing — Do Not Lose Money Bridgewater Associates is the largest hedge fund in the world and is