Investing
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Should I Stop Contributing to My 401k?
The easiest way to become a millionaire is to max out your 401k contributions every year. It’s a lot of money to put away but...
The easiest way to become a millionaire is to max out your 401k contributions every year. It’s a lot of money to put away but trust me. Your 401k will grow and become the foundation of your portfolio. Just start with 10% of your salary and increase it every year. In a few years, you’ll... -
Bitcoin’s Incredible Rally Isn’t Over Yet
This has already been a huge year for bitcoin (BTC), the word’s biggest and most popular cryptocurrency. If you’ve been tuned into Banyan Edge, you...
This has already been a huge year for bitcoin (BTC), the word’s biggest and most popular cryptocurrency. If you’ve been tuned into Banyan Edge, you know that bitcoin’s fourth halving event is coming soon in April. This means that the current amount of BTC issued for mining a new block will be cut in half,... -
How Your Beliefs Can Block Or Unlock Financial Success
I was stuck a few months ago. After the unexpected but welcome blessing of the birth of our healthy newborn (the two older kids are...
/money, /personal-finance, /retirement, advisornetwork, Investing, money, Personal finance, Retirement, standardbehavioral economics, behavioral finance, Beliefs, block, Break The Cycle, cycle of belief, Daniel Kahneman, Fast and Slow, Financial, Maurer, personal finance, success, Thinking, Tim Maurer, UnlockI was stuck a few months ago. After the unexpected but welcome blessing of the birth of our healthy newborn (the two older kids are 20 and 18 😊), my wife and I had just come home from the hospital following emergency surgery resulting from latent labor complications. We had a plan worked out for... -
From EV Sales “Winter” to Big Data Breakout
At the end of last year, Tesla (Nasdaq: TSLA) was riding high — leading the market as a member of the “Magnificent Seven.” Throughout 2023,...
At the end of last year, Tesla (Nasdaq: TSLA) was riding high — leading the market as a member of the “Magnificent Seven.” Throughout 2023, these seven Big Tech stocks delivered an average return of 71% … vs. an average return of just 6% for the remaining 493 stocks in the S&P 500 index. And... -
Book Review: Milton Friedman | CFA Institute Enterprising Investor
Milton Friedman: The Last Conservative. 2023. Jennifer Burns. Farrar, Straus and Giroux. If you were asked to identify a famous economist based on the following...
Milton Friedman: The Last Conservative. 2023. Jennifer Burns. Farrar, Straus and Giroux. If you were asked to identify a famous economist based on the following facts, whom would you name? Voted for Democrat Franklin Roosevelt for president in 1936. Supported significant portions of Roosevelt’s New Deal, which some critics deemedsocialistic. Favored moderate Dwight Eisenhower over... -
Gold’s Lesson for Bitcoin Investors
Gold is trading above $2,000 an ounce and is near all-time highs. One reason for these gains is that gold miners are facing challenges keeping...
Gold is trading above $2,000 an ounce and is near all-time highs. One reason for these gains is that gold miners are facing challenges keeping up with demand. Miners are expected to increase production just 0.9% a year for the next five years. Global production at gold mines remains below its 2018 peak. Environmental concerns... -
AI Revolution Will Drive the Dow Jones (DIJA) to 100K
I don’t make predictions. So what I’m going to say next is NOT a prediction … it’s inevitable. The Dow Jones Industrial Average will rise...
I don’t make predictions. So what I’m going to say next is NOT a prediction … it’s inevitable. The Dow Jones Industrial Average will rise to 100,000 over the next decade … if not sooner. The driver of this growth will be artificial intelligence (AI). The disruption and innovation AI is going to unleash on... -
(TAAS) Transportation As A Service
Transportation as a Service (TaaS) is rapidly growing and is considered by many to be the future of transportation. Through TaaS, car ownership rates will...
Transportation as a Service (TaaS) is rapidly growing and is considered by many to be the future of transportation. Through TaaS, car ownership rates will eventually decline. Instead of owning a car, people will be able to buy trips, miles or experiences without having to maintain their own vehicle. What is TaaS – Transportation as... -
The Evolving International Cannabis Landscape
The evolving landscape of the non-U.S. cannabis industry mirrors the early growth stages seen in the United States, which we outlined in our preceding article...
The evolving landscape of the non-U.S. cannabis industry mirrors the early growth stages seen in the United States, which we outlined in our preceding article in this series. As recreational cannabis markets emerge, the consumer base expands from daily enthusiasts, who might even cultivate their own cannabis, to a wider demographic. In the U.S., younger... -
Dell Stock: An AI Turnaround Story?
The artificial intelligence rally has been in full swing for a few months. Companies like SMCI (Nasdaq: SMCI) and Nvidia (Nasdaq: NVDA) have generated jaw-dropping...
The artificial intelligence rally has been in full swing for a few months. Companies like SMCI (Nasdaq: SMCI) and Nvidia (Nasdaq: NVDA) have generated jaw-dropping returns. Impressive returns for these AI stocks has caused investors to go on the hunt for other companies that might benefit from the rise of AI. This hunt has led...