Donald Trump won the White House by the narrowest of margins, and it looks like he lost it the same way. Meantime, the Republicans apparently kept control of the Senate and even eroded the Democrats’ majority in the House of Representatives. Election market response Wall Street apparently got everything it most wanted. The most important thing on Wall Street’s wish list is that it is over. No […]
Every year, parents paying for their children’s college education ask, “Is this really worth the money?” And every year, the answer becomes less of a full-throated “Yes! Absolutely! A college education is worth every penny, and then some!” By the end of the last academic year, the answer was more likely to be “Yeah. Maybe.” […]
Believe it or not, there has been an upside to 2020. Less than willingly, we were given the opportunity to re-assess what matters most. What we did with our sudden windfall of spare time has revealed much of who we are as individuals – and as a society. A return to nesting After the initial […]
What happens when there is a weak dollar? It means our trading partners can buy more of our products, so it’ll improve our balance of trade. Sure, it leads to some measure of inflation because imports will be more expensive, but that will encourage us to buy more American products. What’s so bad about that? […]
We have talked about investing in commodities. “So, what’s your plan for your post-Great Expansion nest egg?” we asked, referring to the decade-long period of economic growth, which has since succumbed to the virus. “What if the stock market turns bearish, the yield curve continues to penalize long-term savings and the Federal Reserve continues to […]
This article was supposed to be a reminder that, during tough times, it’s generally better to hold large-cap stocks than small-cap stocks. We’ll get into the theory in a moment but, like everything else that once made sense, the coronavirus pandemic has completely contorted that dictum beyond recognition. There is no appreciable, risk-adjusted difference at […]
You’re likely well aware that United recently announced an early retirement offer called the Pilot Voluntary Separation Leave (P-VSL), but you may be struggling to determine if participating is the right decision for you and your family. The P-VSL may be an attractive offer for pilots considering an early-out, but there are many factors and […]
Dallas – July 30, 2020 – Smith Anglin Financial, LLC is pleased to announce it has been named to the 2020 edition of the Financial Times 300 Top Registered Investment Advisers. This is the seventh annual FT 300 list, produced independently by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times. […]
With the economy sputtering, stocks going up, and coronavirus cases going one way or the other depending on where you live, these are some fairly anxious times. No, let’s not be cagey about it. These are the most anxious times since most of us have been alive, and since most of our parents have been […]
We’ve discussed how much debt is floating around out there. America’s bar tab was around $54 trillion; half of that was money owed by the federal government, and a quarter of it was credit cards, auto loans, mortgages, and other instances of consumer debt. While a smidge of the rest of it consisted of the […]