It was 90 Years Ago Today…

It was 90 Years Ago Today…

Very few among us remember what happened on this day in 1929. It was “Black Tuesday”, and the stock market dropped by 12% that day. The stock market’s slide had begun a few days earlier on October 24, but it accelerated until the “crash” on the 29th. The stock market...
Zero Commissions

Zero Commissions

Over the past few weeks, the largest custodians in the country announced that they’re reducing the commissions they charge for the trading of stocks and ETFs to zero. Charles, Schwab, Springwater’s custodian and the nation’s largest, got things started on October 1,...

Is a Negative Bond Yield Rational?

Unless you follow the global capital markets, you’re probably not aware that investors all over the world are currently receiving negative yields on their investments in bonds. In the United States, government agencies and corporations still have to pay a positive...