March 3, 2021

The Most Counterintuitive Recession Ever

In February the U.S. economy was humming along nicely with an unemployment rate well under 4%. Then the pandemic hit our shores. And the economy was quarantined. So the unemployment rate spiked to nearly 15%. Now it’s back down closer to 10% and will probably be under double-digits by this time next month: When you stop to think about everything we’ve thrown at the economy in 2020, it’s amazing that it&...

This Week on TRB

Big shoutout to CNBC for allowing me to bring my Summer School special back to the air last night for the third straight week. I had so much fun bringing financial planning topics into the mix and taking live questions from young investors. Frank Holland is the man, btw.  Drove up into the country yesterday to spend the day with my pal Phil Pearlman aka the Doctor, who has been one of the most inspirational, supportive...

The post This Week on TRB appeared first on The Reformed Broker.

The Economics of Home Ownership

If you run the numbers, owning a home may not turn out to be the greatest investment option on the planet. Sure, if you live in the right area at the right time and take advantage of the inherent leverage involved it could end up becoming your greatest investment ever. But even if a house turns out to be a subpar use of investment dollars, for the majority of Americans, a home is by far their biggest financial asset: Tho...

Why stock splits disappeared from our lives

Apple is splitting its stock 4-for-1 in two weeks. What does it mean for you? What might it mean for the broader market? And why have stock split announcements become so scarce in recent years? Did something change? The peak of the stock split era was from 1995 through 2000. Investors were buying stocks specifically because they were about to split. It was one of the dopiest aspects of an already preposterously amateuris...

The post Why stock splits disappeared from our lives appeared first on The Reformed Broker.

Abbvie Inc. (ABBV) Dividend Stock Analysis

Linked here is a detailed quantitative analysis of Abbvie Inc. (ABBV). Below are some highlights from the above linked analysis: Company Description: Abbvie Inc. is a global research-based pharmaceuticals business that emerged as a separate entity following its spin-off from Abbott Laboratories at the start of 2013. AbbVie's key drug is Humira for rheumatoid arthritis. Fair Value: In

To continue reading, please click on the article title above...

Abbvie Inc. (ABBV) Dividend Stock Analysis

Linked here is a detailed quantitative analysis of Abbvie Inc. (ABBV). Below are some highlights from the above linked analysis: Company Description: Abbvie Inc. is a global research-based pharmaceuticals business that emerged as a separate entity following its spin-off from Abbott Laboratories at the start of 2013. AbbVie's key drug is Humira for rheumatoid arthritis. Fair Value: In

To continue reading, please click on the article title above...

The coming inflation shock and why gold could be headed to $3,000

Be sure to subscribe to our channel so you never miss an update Josh here – my friend Peter Boockvar says inflation is the next shock markets will have to deal with and the price of gold is headed to $3,000 per ounce. Stagflation – that rare occurrence where prices go up but many people are out of work while the economy stagnates – was last seen during the 1970’s. Peter believes a combination of c...

The post The coming inflation shock and why gold could be headed to $3,000 appeared first on The Reformed Broker.

The coming inflation shock and why gold could be headed to $3,000

Be sure to subscribe to our channel so you never miss an update Josh here – my friend Peter Boockvar says inflation is the next shock markets will have to deal with and the price of gold is headed to $3,000 per ounce. Stagflation – that rare occurrence where prices go up but many people are out of work while the economy stagnates – was last seen during the 1970’s. Peter believes a combination of c...

The post The coming inflation shock and why gold could be headed to $3,000 appeared first on The Reformed Broker.

Balancing Confidence With Humility: Life Lessons From Cameron Crowe & Philip Seymour Hoffman

I always assumed John Hughes was untouchable when it comes to the best IMDb page for coming-of-age movies in my lifetime. Hughes wrote some of my favorite movies of all-time including Uncle Buck, Planes, Trains & Automobiles, Home Alone, Ferris Bueller’s Day Off and The Great Outdoors. There was also Sixteen Candles, The Breakfast Club, the first three National Lampoon’s Vacation movies (of which Christmas...