One of my favorite market datasets just got its annual update. Aswath Damodaran at NYU publishes a yearly update of returns for stocks (S&P 500), bonds (10 year Treasuries), cash (3-month T-bills), real estate, gold and inflation going back to 1928. Plus this year he added small caps to the mix.1 These are the long-term … Read more
Delta SkyMiles® Gold American Express Card vs. Delta SkyMiles® Platinum American Express Card It’s true that the Delta SkyMiles® Platinum American Express Card comes with a higher $350 annual fee (terms apply, see rates & fees), but it also comes with more benefits. For starters, the Delta SkyMiles® Platinum American Express Card members benefit from … Read more
The yellow metal has been on a tear for years. Gold bugs and survivalists – not to mention passive investors with well-diversified portfolios – sitting on big gains might well now be wondering how gold is taxed. It isn’t always thus. Sometimes gold is in the doldrums. For example, the gold price also soared after … Read more
Want a simple, yet effective agency management tip for making your employees happy? Treat them like customers. That mindset stood out among comments from employees who nominated Morris & Garritano in Insurance Journal’s 2024 Best Agency to Work For survey. M&G took home Gold — Best Agency West. The San Luis Obispo, California-based agency employs … Read more
A reader asks: What’s the story with gold these days? My understanding is that in times of peril gold is where people go. In the most perilous times in the last ~5 years I feel like the price of gold really didn’t do anything. It wasn’t the hedge that most people associate with it. … Read more
