The world’s addiction to low interest rates reminds us of the Sirens of Greek mythology who allegedly (never convicted) inhabited an island between Aeaea (and you thought Auour had a lot of vowels) and the rocks of Scylla. Their sweet songs (low interest rates) attracted sailors (borrowers), only to lead them and their ships to...Read More

When it comes to investing for the long term, the overriding factor that will determine future investment returns, other than time, is the value of the asset at the time you buy it.  Think back to the early part of this century (the technology bubble).  If you had decided to invest in late 2000 in...Read More