A man was sent to Hell for his sins. As he was being processed, he passed a room where an economist he knew was having an intimate conversation with a beautiful woman. “What a crummy deal!” The man complained. “I have to burn for all eternity and that economist spends it with that gorgeous woman.”… Read More »
By Kevin Judge | June 25, 2018 Risk Tolerance: Every person has their own view and tolerance of risk. This is a critical fact in determining their investment strategy. Some people are by nature risk averse and will only invest in risk free or low risk investments. For example, Government Bonds, Banks Deposits, and AAA… Read More »
By Kevin Judge | June 24, 2018 When candidate Trump announced his plans to achieve 3% economic growth, the conventionally wise scoffed. They almost doubled over in laughter when Trump opined that he felt they could achieve much more than that, at least 4%. This amateur clearly does not know that we have a new… Read More »
By James Nussbaumer | June 21, 2018 There are various types of people in the world. Some individuals are happy with the hard work of a good business for numerous years, then retiring, others do not desire to keep the same job for too long and keep looking for something better. And, still others want to work for… Read More »
TOP 10 REASONS TO STUDY ECONOMICS 1. Economists are armed and dangerous: “Watch out for our invisible hands.” 2. Economists can supply it on demand. 3. You can talk about money without every having to make any. 4. You get to say “trickle down” with a straight face. 5. Mick Jagger and Arnold Schwarzenegger both… Read More »
TEN THINGS TO DO WITH A GRADUATE ECONOMICS TEXTBOOK 1. Press pretty flowers. 2. Press pretty insects. 3. Use it as paper weight on your already overcluttered desk. 4. Leave out in obvious places to impress uninformed undergraduates. 5. Mail to the White House as an intimidation tactic. 6. Give it a walk-on part in… Read More »
By Dwayne Strocen | June 20, 2018 The second of a two part article…. Before I discuss the use of hedging to off-set risk, we need to understand the role and the purpose of hedging. The history of modern futures trading begins in Chicago in the early 1800’s. Chicago is located at the base of… Read More »
By Kevin Judge | June 18, 2018 VEHICLES: There are several methods for investing in the above asset types and classes. Direct Investment: Purchase the investment your self In general, safer than options but lacks the diversification available from mutual funds Leveraging: You can increase your purchasing power and profits by buying on margin, aka… Read More »
