Twice As Nice

Twice As Nice How leveraged funds can make a boring investment sizzle. Look at the chart below. You could buy the blue line (TLT = long-term US Government bonds) or you could buy the red line (UBT = 2x long-term US Government bonds). Some things that are not twice as nice. Flat tires. Sprained ankles.…

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There is Never One Cockroach.

There is never one cockroach. It’s not the first cockroach that homeowners worry about, it’s the hundreds or thousands they cannot see that they worry about. In this country, we started seeing our first “financial” cockroaches in the likes Washington Mutual in 2008. Two weeks ago, the lights were turned on in Europe and we…

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