Tesla in the S&P 500
December 30, 2020  | By Kevin Smith

When you hear someone reference “the market”, they probably mean the S&P 500 index, at least here in the United States. It is a list of 500 companies (actually 505) selected by the US Index Committee that are meant to…Read More

Introducing My Kids to Investing
December 29, 2020  | By Kevin Smith

My kids are 3, 7, and 9. The first money concept I tried to teach them is that money does not fall from the sky, but Congress and the Federal Reserve keep proving me wrong. The older kids seem to…Read More

How I Invest My Money
December 11, 2020  | By Kevin Smith

I spend most of my time helping people think about their investing decisions and not much time on my own. An old saying goes “the cobbler’s son has the worst shoes in town”, or something like that. Rather than my…Read More

Post-Election Market Surprise
November 25, 2020  | By Kevin Smith

How did the stock market do after election day? Remarkably similar to four years ago. 2020 Post-Election Global Stock Index 2016 Post-Election Global Stock Index If you predicted Joe Biden would win a contested election with a (possibly) split Congress…Read More

10 Year Forecast (October 2020)
October 13, 2020  | By Kevin Smith

Predicting the future is out of the question, but developing reasonable expectations for planning purposes is necessary. Calculating expected returns on investments is a difficult task, but fairly simple models have been accurate enough to help with long term planning….Read More

Cracked screens and the sunk cost fallacy
September 11, 2020  | By Kevin Smith

I almost got tripped up by the sunk cost fallacy. Almost! This is a public service announcement to help others avoid a costly mistake. A sunk cost is the time and/or money already spent. It’s done. For example, you spent…Read More