Did you know that the digital content you maintain in your computer or online is considered to be your personal property? Since 2015, with the passage of the Revised Uniform Fiduciary Access to Digital Assets Act (RUFADAA) by the Uniform Law Commission, most U.S. states including California consider these so-called digital assets to be no…
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It’s open enrollment season right now, and this is the time to review (among other things) your healthcare insurance. Whether you are an employee of a company providing insurance benefits, a retiree ensured through Medicare, or an individual or family utilizing private insurance through the ACA (Covered California in our state), you will probably be…
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Below are two charts that will probably astound you, courtesy of Jill Mislinski at dshort.com. The first compares the increase in the cost of college with the increase in the Consumer Price Index, the cost of medical care, and the cost of a new car over the last 41 years. While medical costs have risen…
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Earlier this week Charles Schwab & Co. announced that they would eliminate online transaction fees for ETFs, stocks, and options. Two days later TD Ameritrade followed suit, causing brokerage stocks to suffer their worst weekly drop in well over a decade as investors digested the earnings losses brokerage firms are likely to experience. Is this…
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You’ve probably heard through the financial media that bonds are on a tear this year. The 10-year U.S. Treasury bond, one of the safest investments on the planet, has gained over 10% so far. That is its best performance in over a decade. Is this the right time to start selling those risky stocks and…
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In 2006 James Montier, a researcher at the investment banking arm of Dresdner Bank, decided to test the behavioral biases of some 300 investment fund managers. One of the questions he asked was “Are you above average at your job?” Over 70% of the respondents answered yes. A number even included comments along the lines…
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