Five years ago, a company called Yo raised $1.5 million at a $10 million valuation. What did investors and end-users get for this much money? An app that allowed users to send the message “Yo,” (and NOTHING else) to their friends. It didn’t take long for the company to blow through all that cash in […]

Last week in its annual report, the US government reported that Social Security’s long-term, unfunded liability now exceeds $50 TRILLION. Moreover, they state that the Social Security and Medicare trust funds will run out of money in 2034. This is the government’s own calculation. Bottom line: The younger you are, the less you should count […]

Is it time to start selling growth stocks and buying value stocks?