If we’re not already in a recession, we may soon enter one due to aggressive trade policies that are fueling tremendous uncertainty. As companies and consumers pull back on spending, millions of jobs could be lost, trillions in stock market wealth may disappear, and inflation could persist—potentially ushering in a stagflationary environment. If you’ve been … Read more
I’m listening to a fascinating podcast from the BBC about Whisky Bandits. The scam is that you buy a cask of whisky for thousands of dollars, but the cask you bought does not exist. In other words, you just got a piece of paper saying that you own a cask or, in simpler terms, you … Read more
The S&P 500 is approaching bear market territory and it happened in a hurry: This drawdown profile doesn’t even look real. It looks like an intern fat-fingered the wrong number on the spreadsheet. The speed and ferocity of this downturn is a good reminder that risk can happen fast. The stock market lost nearly 11% … Read more
When I got auto insurance quotes from different agents, I learned how key it is to compare rates. In the U.S., getting quotes from various providers can save you a lot of money. I’ll share my experience and insights on how getting quotes from multiple agents can affect your insurance costs and satisfaction. Thanks to online … Read more
If you find value in these articles, please share them with your inner circle and encourage them to Sign Up for my Rich Habits Daily Tips/Articles. No one succeeds on their own. Thank You! TOM@RICHHABITS.NET All risk, whether good or bad, shares one thing in common – both require an investment. That investment typically includes time and … Read more