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More of “Don’t Believe Everything You Believe”

Five years ago I wrote about Confirmation Bias (Don’t Believe Everything You Believe). This refers to our tendency as humans to seek only information that reinforces our previously-held beliefs, and the negative impact of applying that bias to our decision-making. It’s now 2021 and we are in the midst of some of the biggest examples…
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Are You Ready To Buy Bitcoin?

Bitcoin is in the news again! This time it’s Elon Musk’s announcement that he just bought $1.5 billion worth last week. Its price subsequently spiked above $40,000. That’s for just one Bitcoin. Musk also revealed that Tesla is planning to accept Bitcoins for car purchases. Let’s hope the company’s cashiers will be provided with enough…
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Some Lessons From GameStop

I’m sure by now you’ve heard about GameStop. The saga reads like a made-for-TV tale about how the little guys stuck it to the big bad rich Wall Street hedge fund investors through what’s called a short squeeze. But the story has not yet played out to its end, and there are valuable lessons that…
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If You Own Apple Or Tesla Stock, Read This!

First of all, congratulations! Your Apple holding grew 77% last year. As if that weren’t astounding enough, Tesla’s stock price soared 720%! The gains you experienced in either of these stocks in such a short period of time are truly record-breaking! I’m not interested in debating whether you were an investment genius or merely a…
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New Changes To The Student Aid Process

If you have college-age children you’re probably familiar with the Free Application for Federal Student Aid (FAFSA) form and provisions. There were some pretty major changes made as part of the Consolidated Appropriations Act that was passed at the tail end of 2020. Here’s a brief summary. The Expected Family Contribution (EFC) has been renamed…
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Why Is Investing So Challenging These Days?

It wasn’t that long ago that people expected a common 60/40 investment portfolio (that is, 60% stocks and 40% bonds) to return close to 10% without a lot of volatility. Good luck getting that kind of return today. Why? It’s primarily because bond interest rates have hit their lowest point in generations and have remained…
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