Protecting Yourself From Bad Financial Advice

Protecting Yourself From Bad Financial Advice

Most people still cling to the quaint idea that Wall Street’s job is to make you money. In fact, nothing could be further from the truth. Most investments.. and most investment advice, is designed to make the person selling it rich. Not you. I was reminded of this by...
When is it time to throw in the towel on an investment?

When is it time to throw in the towel on an investment?

Note to readers: The following pertains to investing in general… Not just cryptocurrency. I promise. So don’t bail on me if you are not in bitcoin. I got this email a few days ago, from Cissie. She says: “Ugh! I bought bitcoin very near the top this...
My Biggest Investing Mistakes And How To Avoid Them

My Biggest Investing Mistakes And How To Avoid Them

This week we are going to go back to the podcast listener mailbag for an Ask Kim question. Dini asks: “What is the biggest mistake that you have made as an investor? What advice would you give to an investor like me to avoid making the same mistake?” For...
7 Investing Lessons From The Big Short

7 Investing Lessons From The Big Short

Last night, I couldn’t bear to watch any more mid-term election prognosticating. So I decided to be productive and watch a movie instead. I know you are probably thinking to yourself, how on earth was watching a movie being productive? The Big Short is based on a...
How To Protect Your Retirement Savings

How To Protect Your Retirement Savings

Amid all the destruction left when Hurricane Michael came ashore at Mexico Beach, Florida, one home was left standing, seemingly unscathed, while everything around it was leveled. Although it is known as The Sand Palace of Mexico Beach, the press dubbed it “The...
How To Manage Risk

How To Manage Risk

No one knows what will happen, but the Fed reversing a historically long period of artificially depressed interest rates is probably a good time to brush up on your risk management. One of my favorite finance writers is Morgan Housel. I highly recommend everything he...