by Michael Carr | Jan 29, 2021 | Smart Profits Daily, Stocks
When investors look at stocks, their analysis is biased by how they feel about the economy or the company. By admitting this bias exists, they can develop insight into how the market really works. In today’s video, I explain why that insight can lead to a...
by Michael Carr | Jan 27, 2021 | Retirement, Smart Profits Daily, Stocks
Retirement is part of the American dream. But there’s more to it. The dream is to reach a financially secure retirement. Many years ago, financial planners said that such security came from a three-legged stool. Social Security was one leg. Pensions were the second...
by Michael Carr | Jan 20, 2021 | Smart Profits Daily, Trading Strategies
As the American economy resets, investors need to rethink basic assumptions. That’s difficult to do. Some believe that history repeats. So, they want to stick with what worked in the past. One popular idea shows the problem with refusing to change. The “60/40...
by Michael Carr | Jan 13, 2021 | Smart Profits Daily, Trading Strategies
History teaches us to be careful in financial markets. This is especially true for new products. That’s been the case since financial markets first opened. In 1636, someone decided to sell futures contracts on tulip bulbs. That ended in the world’s first recorded...
by Michael Carr | Jan 6, 2021 | Global Economy, Smart Profits Daily
For about 400 years, Great Britain was a vast empire. Some said the sun never set on its lands. At its peak, the House of Windsor ruled over a quarter of the world. That was at the beginning of the 20th century. Within 50 years, little was left of what was once the...
by Michael Carr | Jan 1, 2021 | Smart Profits Daily, Trading Strategies
Everyone knows “the market hates uncertainty.” That’s why so many market analysts use that phrase to explain declines. It’s just accepted as something that must be true because it has stood the test of time. In this six-minute video, I look at...
