Peter Schiff is known for his doomsday predictions on the US economy, and being a permabull on the price of gold. Why is he famous? He predicted the housing market collapse and the ensuing deep recession we experienced 2007 - 2009. If you watch … [Read more...] about Peter Schiff and His Predictions
An article on July 13th by Shawn Langlois of MarketWatch shares the story of a Reddit discussion where an anonymous man posted his household monthly budget, and how they are struggling to get by on a $500k annual household income. One more thing, … [Read more...] about Scraping by on a $500k Income
This is the first ever quarterly update from Meredith Wealth Planning. Assuming I stay in this position for about 30 more years, you can expect about 119 more of these. Much has transpired since I launched the firm in early March. I am proud to … [Read more...] about Quarterly Thoughts (2nd quarter 2019)
This may surprise you, but a lot of clients have similar concerns when it comes to investing in markets. Here's a few that come up every now and then: -What if the Fed raises/cuts interest rates? -What if we go to war in the middle east … [Read more...] about Overlooked Risks
It has been well documented that the S&P 500 index fund has outperformed the vast majority of actively managed funds historically. Having said that, it may not be a prudent strategy to put everything in the S&P 500. A Look Back at … [Read more...] about Should You Just Put Everything in the S&P 500?
Foreign trade can be a win-win for everyone involved, and it often is. Tariffs can be a lose-lose for for everyone involved, and they often are. A major factor explaining our trade deficit with China is consumer demand. We Americans enjoy … [Read more...] about Tariffs and Your Portfolio