by Daniel White | Aug 19, 2024 | Economy
August 19, 2024 The U.S. dollar is the world’s reserve currency. It’s held in large quantities by central banks and major financial institutions, and many commodities are priced in dollars. It’s considered safe for international transactions, international...
by Daniel White | Aug 12, 2024 | Economy
August 12, 2024 One of the most overused investing phrases is, “Don’t put all your eggs in one basket.” It’s a warning that owning too much of one type of asset can expose you to downside risk. Conventional wisdom suggests owning 20-30 stocks to be properly...
by Daniel White | Aug 6, 2024 | Economy
August 6, 2024 In theory, low interest rates are supposed to stimulate the economy. But in practice, companies abuse them. For example, during much of the low-rate period from 2008-22, many businesses collected as much cheap credit as possible. This created a bubble...
by Daniel White | Jul 29, 2024 | Economy
July 29, 2024 If you don’t own the select few high-flying mega technology stocks, your portfolio is probably underperforming the broader market. I’m talking about NVIDIA Corporation (NVDA), Taiwan Semiconductor Manufacturing Company (TSM), Microsoft Corporation...
by Daniel White | Jul 22, 2024 | Economy
July 22, 2024 Lessons in Failure from “Dr. Roger” Tennis legend Roger Federer won 20 major men’s single titles, including a record eight men’s Wimbledon titles. He won nearly 80% of all his matches. It may surprise you that he credits his mindset towards...
