Nov 18th, 2020Worried about missing out on vaccine profits? Don’t.
In the 1960s comedy sketch “The 2000 Year Old Man,” Carl Reiner, playing an interviewer, asks Mel Brooks, the 2000-year-old man, his secret to living a long life. His reply: “I never run for a bus. There’ll always be another one.”
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Oct 22nd, 2020The Ultimate Covid Vaccine Beneficiary
Everybody loves a good "cocktail party" stock – that little-known company on which you recently took a flyer, the one they told you would become the “next Amazon” and make you a fortune in the process. The type of long-shot play that piques the interest of those around you. Not that there’s anything wrong with that, of course. Even as a former advisor, I think it’s just fine – maybe even prudent -- to occasionally swing for the fences, as long as you allocate your funds appropriately. Keep in mind, though, that these highly speculative trades are just that: highly speculative. But that doesn't mean we shouldn't try.
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