Critical Thinking Episode 26

This week in critical thinking covers being wealthy. When are you wealthy? Many people think income is wealth, but money is stored work and some people that have a lot of income haven’t stored any of it. They aren’t wealthy. Wealth is your net worth, calculated as your assets minus your liabilities. If that number […]

Critical Thinking Episode 25

This week in critical thinking covers dealing with bad news. How to deal with bad news is always challenging, not in any small measure because of the emotions attached with it. Start with recognizing that you will likely have an emotional response to this and try not to make decisions too quickly. Sure some things […]

Critical Thinking Episode 24

This week in critical thinking covers finding the truth. There’s lots of talk about fiscal policy, spending cuts, tax cuts, and the deficit. But how much of it is wishful thinking and how much is reality? That’s the critical thinking issue this week. Take away: You know how to get someone to like you? Tell them […]

Critical Thinking Episode 23

This week in critical thinking covers analyses. A recent article said that the American stock market (S&P 500) was one of the worst places to put money over the last decade, therefore is positioned to be the best investment over the next decade. But they gave no other reasoning and in isolation this conclusion lacks […]

Critical Thinking Episode 22

This week in critical thinking covers thinking about and for yourself. Follow the money. Good people push bad products all the time. They are looking out for themselves. You need to look out for yourself and find out how they make their money before you give them any of yours. Take away: When making a […]

Risk and Reward TV Episode 90

In this episode This week on Risk and Reward TV we’ll look in the rear view mirror to see the End of the Greek debacle – or is it? and out the foggy windshield to see higher oil and the threat of war. In Critical thinking, we’ll tell you what you want to hear, and […]

Risk and Reward TV Episode 89

In this episode This week on Risk and Reward TV we’ll look in the rear view mirror to see the ECB lend hundreds of billions to everyone in Europe but Greece, and out the foggy windshield to see if there is a recession on the way. In Critical thinking, we’ll look for a benefit from economic […]

Risk and Reward TV Episode 29

In this episode 1:23 The Rear View Mirror – Negative interest rates hit the TIPS market and Goldman Sachs sold 50 year bonds. Take away: Always notice abnormal conditions and think through what it means. It’s a pretty strong signal the market has “jumped the shark” and a reversal is likely at some point. Speaking of […]

Risk and Reward TV Episode 28

In this episode 1:23 The Rear View Mirror – Treasury Sec. Geithner says “It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity and competitiveness,” he said. “It is not a viable, feasible strategy and we will not engage […]

Risk and Reward TV Episode 27

In this episode 1:26 The Rear View Mirror – Unemployment stays stagnant, but if we dig deeper we see that those without High School diploma’s (15.1%) are having a much tougher time than college graduates finding a job 4.4%) Link to BLS data on U-3 vs. U-6 Link to BLS data on unemployment by education […]

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