Ask Chuck: Investing in Inflationary Times
Dear Chuck, Since my money is obviously buying less and less, how do I wisely invest in an inflationary economy? Fearful Senior Dear Fearful Senior, While I am not an economist, I am an investor. I believe you have expressed a very relevant concern for all of us, not just seniors. We have experienced […]
Ask Chuck: Should Bitcoin be in my Retirement Portfolio?
Dear Chuck, Although I don’t really believe in it, I am thinking of adding Bitcoin to my retirement funds. What do you think about it? To Buy Bitcoin or Not to Buy Bitcoin? Dear To Buy Bitcoin or Not to Buy Bitcoin, First, my disclaimer: I am not an investment adviser and can only […]
Ask Chuck: Digital Currency – Benefits and Concerns
Dear Chuck, Digital currency will be all the rage soon. Won’t it just make inflation worse? Digital Doubter Dear Digital Doubter, There are a lot of new developments regarding digital currencies. It is inevitable that they will be introduced by Central Banks and become a normative part of our lives. It is also a […]
Ask Chuck: What is DeFi all about?
Dear Chuck, Can you help me understand all the buzz about DeFi (decentralized finance)? I just don’t get it. Traditional Boomer Dear Traditional Boomer, You and I are in the same boat, as traditional boomers! I know enough to be dangerous, so I asked my team to do some research to help us both […]
Ask Chuck: Is Day Trading A Bad Idea?
Dear Chuck, My son’s college roommate made some money in day trading. Now my son wants in on the action. I’m not sure what to tell him, except to avoid it! Day Trading Fears Dear Day Trading Fears, The Bible talks a lot about investing, so I will be able to give you some […]
Ask Chuck: Is Runaway Inflation Coming to America?
Dear Chuck, Do you think we are heading towards runaway inflation? If so, how should I prepare financially? Inflation Fears Dear Inflation Fears, Any commentary on the state of the economy is like commenting on the water level in a river—it is an ever-changing dynamic. So, whatever is said is likely to be wrong […]
Ask Chuck: House Flipping Tips
Dear Chuck, We just bought an older home and intend to remodel it. We hope to flip it within two years. We want to be prepared for the inevitable challenges. Do you have any tips besides building our emergency fund? First-Time Remodelers Dear First-Time Remodelers, I hope this ambitious undertaking to remodel and flip […]
Ask Chuck: Explaining The GameStop Frenzy
Dear Chuck, Can you explain what happened with the GameStop fiasco this week? It is very confusing to understand why it was such big news. Shocked by GameStop Dear Shocked by GameStop, Like you, I was stunned by the hysteria to own shares of this seemingly small, struggling retailer called GameStop. It was certainly […]
Ask Chuck: Should I Invest In Bitcoin?
Dear Chuck, I am a young investor and need advice. Bitcoin looks like a great investment. Is now a good time to start investing in it? Bitcoin or No Bitcoin? Dear Bitcoin or No Bitcoin, Before you make the decision to “invest in Bitcoin,” be sure you understand the risks. People are buying Bitcoin […]
Ask Chuck: Are We Headed For An Economic Collapse?
Dear Chuck, Is America heading towards an economic collapse? If so, how do I prepare? Worried Boomer Dear Worried Boomer, My view is we are headed towards another economic crisis with a low risk of an actual economic and/or currency collapse. In either scenario, there are ways to be prepared. Economic Crisis vs. Collapse […]
