Dear Quentin, How can one best give sizable cash gifts to family and friends without being seen as “flaunting wealth”? We have some family and friends who are struggling to make ends meet, particularly as a result of the pandemic. Having means, we chose to help them financially and sent …
Read More »The Best Decorating Advice I Ever Received
Pin Share Tweet When you are thinking about or in the process of decorating a room or home, this is the best home decorating advice I ever received. It has become second nature to me and about more than simply knowing how to arrange furniture or how to choose a …
Read More »FA Center: Why focusing on short-term results can short-circuit your investments and financial advice
Now is when investors need to be especially vigilant to avoid recency bias, which occurs when we give greater weight to events that have happened recently than those that occurred further in the past. Investors are guilty of this, for example, when they get rid of a financial adviser with …
Read More »: Chris Sacca mocks ‘Robinhood bros’ who spurn his investment advice: ‘Stonks never go down!’
Veteran venture investor Chris Sacca has a word of warning for beginner investors who made off like a bandit this year: It’s not you. In a tweet Tuesday, Sacca dropped this “hard truth” on newbie investors: “You’re not actually that good at it. You just caught a wild bull market,” …
Read More »Key Words: Alex Trebek’s biggest money mistake, and his advice for navigating the next crash in the stock market
Alex Trebek Getty Images “ ‘Crashes are a golden opportunity to make money, because the American economy is always solid enough to rebound.’ ” That’s Alex Trebek, the beloved longtime host of “Jeopardy!” who died on Sunday at the age of 80, opening up about his approach to money and …
Read More »Key Words: Dr. Anthony Fauci responds to rebuke by Rand Paul: ‘I give advice according to the best scientific evidence’
“ “I have never made myself out to be the end all and only voice in this. I’m a scientist, a physician and a public health official. I give advice according to the best scientific evidence.” ” That’s Dr. Anthony Fauci, responding Tuesday to a rebuke by Sen. Rand Paul …
Read More »Vitaliy Katsenelson’s Contrarian Edge: Advice for the coronavirus crash: ‘You make most of your money in a bear market; you just don’t realize it at the time’
With stock prices sinking fast, a client emailed me saying, “Your move, boss.” So here is our move: Especially in this coronavirus crash, we continue to seek out what we always look for globally — high-quality businesses that we can buy at a significant discount to fair value. We are …
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