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Category Archives: Economy
Will We Get the 1930s or 1970s?
What’s the deal with your neighbor? His car’s 12 years old. His house has minimal upgrades. He’s the only guy left on the street who still cuts his own grass. Is he a weirdo? Or is he a millionaire? Certainly, … Continue reading
Posted in Economy, MN Gordon
Tagged 1930s, 1970s, deflation, inflation, j. paul getty
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Foundation for Massive Wealth
We wandered around the Coachella Valley for several days this week. If you’ve never been to the area you aren’t missing out. It’s a giant desert valley centered about 120 miles due east of Los Angeles. Some people go there … Continue reading
Posted in Economy, MN Gordon
Tagged emergency fund, freedom, investing, saving, wealth building
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Why Residential Rental Prices are off their Rocker
“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years,” go the sage words of Warren Buffett. At present, this advice is especially important. For asset prices are expensive. Stocks are near … Continue reading
Bear Witness to the Madness
Second-rate economic data is first-rate news for Wall Street these days. We don’t quite comprehend the logic. But the popular reasoning goes something like this… Good economic data is bad for stocks. For it means the Fed will begin increasing … Continue reading