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In 1986, my younger brother said to me, “Don’t be stupid. Buy Microsoft.” I was skeptical. In May 1984, Microsoft Corp. (Nasdaq: MSFT) started selling something called a “mouse” for $195,...
My article about the proposed increase in estate taxes touched a lot of people’s hot button, and not in a good way. Unfortunately, that’s just the tip of the tax-increase iceberg. Somebody has...
“There’s a real possibility that within the year, we’re going to be dealing with the most serious incipient inflation problem that we have faced in the last 40 years.” — Larry Summers, former...
My father drew his hand across the horizon of our vegetable farm and said to me, “This land is my retirement account.” My father, like all independent farmers, didn’t have a pension, a 401(k) or...
Everybody knows what an initial public offering (IPO) is. Heck, you may have bought a few IPOs yourself. Perhaps you even hit a home run with one. The appeal of an IPO has been the ability to...
I’m not young anymore. Even when I was, I never embraced the yuppie lifestyle. You remember the yuppies, don’t you? “Yuppie” was a derogatory title for young, educated, arrogant Baby Boomers who...
Special purpose acquisition companies, or SPACs, are the top scheme right now for get-rich-quick investors in the United States. In China, they use mutual funds. It’s all about “fear of missing...
Wow! My Feb. 26 column about a conversation with one of my successful college buddies touched a lot of hot buttons. If you haven’t read it, I recommend you do; here’s the setup:   “Tony,” he...
Financial Anchor Jessica Borg is working on a longer-term assignment this week, which gives us an opportunity to take a look back at our recent video coverage of one of the most important trends...
My sons keep buying wacky things — cryptocurrency coins I’ve never heard of, Reddit-touted “value” stocks and some “non-fungible tokens” — and making huge profits on them. In fact, they’re...