CS updates our site posts through each weekend, and other times as necessary. Please check back frequently for updates on postings.
Note: Also see chart and other links on this below.
High Tax Cities Seeing Resident Flee To Florida (video, right), Mornings With Maria, Fox Business
US Stocks Post Best January In 30 Years, Suzanne O’Halloran, Fox News; Also see, Stocks Post Best January Since 1987 As S&P 500 Climbs 7.9%, CBS
Are Progressive Billionaires Exploiting Their Workers? Case Study: InstaCart (video, left), Tucker Carlson, World News
Ray Dalio’s Bridgewater Cements Spot As Top Performing Hedge Fund Of All Time, Anneken, Tappe, MarketWatch
Ray Dalio: ‘Significant Risk’ Of Recession In 2020 – Blackstone Disagrees, Melanie Kramer, CCN
Blackrock Rattles Clients And Employees With Progressive Political Posturing, Charlie Gasparino/Lydia Moynihan, Fox News
Reality Is Closing In On Netflix: Stock No Where To Go But Down, David Trainer, Forbes
Bitcoin Below $3500 Could Spell Trouble: Boring 2019 For Crypto? Joseph Young, Yahoo Finance/CCN
Southeastern Banks SunTrust And BB&T Merge To Create Nation’s 6th Largest Bank, Merced/Flitter, NY Times; Also see, New Details And Reaction To SunTrust Merger, AJC; Also see, BB&T and SunTrust To Create Southern Banking Giant, CBS
What Designations Does Your Financial Advisor Need? Peter Lazoroff, Forbes
CS Commentary: Though this is helpful in explaining the top 3 designations to look for in the investment arena, we emphatically disagree that your financial advisor needs any of them to be competent and have your bests interests at heart. Perhaps of all three, the CFP is the most important – but not even it assures that your advisor is a fiduciary that limits conflict of interest, that they work for a good company, particularly a RIA, or that they have your best interest at heart. An AIF at least assures that they understand the demands and criteria of a fiduciary and will at least attempt to ensure low conflict of interest in all that they do. Beyond that, you should look for detailed knowledge about the investment arena, which includes how portfolios are put together to achieve your individual goals and the best way to administrate your overall plan, an ability to simplify it and make it understandable to you, and look at who they work for and where the firm fits in the Fiduciary Pyramid. Also, beware if the person selling you is also the person directly managing your money. No one has the time or expertise to do both well. Bottom line: Designations – like MBA or CFA – are important for the person who directly manages your money and those on the investment committee in your advisor firm, or who head up the funds where your money is allocated. Your advisor is more of a salesmen or direct point of contact and may use his/her designations to impress. Don’t be fooled.
Socialism Is ‘Legalized Theft’ And Leads To Decline And Ruin (video, left), Varney & Co., Fox Business
Bitcoin Breaks $3600, Some See Double Digit Gains, Ana Alexandre, Cointelegraph
This AI Company May Be The Future Of Gold Exploration, Frank Holmes, Advisor Perspectives
Kraken Acquires Futures Trading Company In Deal Worth $100 Million, Pete Rizzo, Coindesk
Binance Crypto Winter Strategy: Build And Beef Up Partneships, Leigh Cuen, Coindesk
SEC Says That Cryptocurrency Will Be A Major Focus In 2019, Yogita Khatri, Coindesk
Bitcoin Drops Amid Crypto Volatility, Bloomberg
NASDAQ Is Now Working With 7 Crypto Exchanges, Michael del Castillo, Forbes
Avoid These Exchanges If You Want To Keep Your Bitcoins, Christina Comben, Bitcoinist
The Eight Most Popular Cryptocurrency Transactions Are Not What You Would Expect, Jason Bloomberg, Forbes
Bitcoin Will Go To Zero: Davos Comments, Arjun Kharpal, CNBC
The Next Step In Bitcoin’s Evolution: Big Money Investors Move In, Aparna Narayanan, IBD; Also see, The Blockchain Technology Revolution Is About To Remake The Stock Market, Alan R. Elliott, IBD; Also see, The Ultimate 10 Step Guide To Crypto Investing, Jack Dossman, Medium; Also see, The Three Largest Cryptocurrencies, January 2019, Jill Mislinski, Advisor Perspectives
Common Crypto Scams And How To Avoid Them, Jack Dossman, Medium
Updates On DIG
Dissecting A Con Game: What Happened To The DIG Cryptocurrency? Seaborn Hall, Common Sense Money
Agent Appears To Back Up Arbitrade/DIG Gold Title Claim, Scott O’Neil, The Royal Gazette; Also see, Finance Guru Ronnie Moas Digs For $10 Billion In Crypto Gold, Mitchell Moos, Crypto Slate, January 2019
CS Commentary: We don’t believe this really changes anything. See our article above.
Update On DIG, 12/15/18, Seaborn Hall, Common Sense. See this link for more posts and information on DIG/Arbitrade.
DIG/Arbitrade: Not All That Glitters Is Gold – Is DIG A Well Orchestrated Scam? Ken Griffith, The Royal Gazette
CS Commentary: We suggest that the comments at the end of the article also be read. The author raises some interesting points, but it is not clear whether…To continue reading see this link…
Could Bitcoin Still Go To $25K? (video, left), Fox Business
More Wealth Will Be Created In The Next 20 Years Than Ever Before (video, left), Phillip Anderson (2012)
How The Real Estate Cycle Works (video, right), Phillip Anderson
Cyber Threats: The U.S. Is More Vulnerable Than Ever (video, left), Judge Jeannine Piro, Fox News Insider
The Public Does Not Understand: China Has Been Cheating U.S. For A Long Time, Mornings With Maria, Fox Business;
The New Space Race To The Moon, Curious Droid
(Start Here First To Understand The Investment Arena Big Picture)
New Research On The Value Of Global Diversification, Larry Swedroe, Advisor Perspectives
The Top 5 Reasons For The Current Market Correction, Updated 1/05/19, Seaborn Hall, Common Sense
CS Commentary: With the market correction again in past weeks, and the slight uptick this week, this article continues to be relevant. Updated, with new charts.
Here Are 3 Things You Can Do After Historic Market Volatility, Edelman Financial
Stanford Analysis Pokes Holes In FINRA Broker’s Check, Dianna Britton, Wealth Management
This Still Looks Like A Stock Market Correction – Not Something Worse, Mark Halbert, MarketWatch
Ray Dalio’s Hedge Fund Posted 15% Gain After Calling Economic Slowdown, Leslie Picker, CNBC; Also see, Dalio Says Go Counter-Cyclical, Market Realist; Also see, Dalio and Buffet: What To Do When Stocks Get Battered, Market Realist
How To Find A Financial Advisor, Michaela Cavallaro, Barron’s
Jeremy Siegel: The Market Is Cheap On A Long Term Basis, Robert Huebscher, Advisor Perspectives
Are We Headed For Recession? Big Four Economic Indicators, Jill Mislinski, Advisor Perspectives
A Long Term Look At Inflation, Jill Mislinski, Advisor Perspectives
How The Real Estate Cycle Works , Phillip Anderson, You Tube
CS Commentary: In 2012 Phillip J. Anderson predicts exactly where the US stock markets and real estate markets will be today. Also see, Phillip J. Anderson’s Explanation Of The Real Estate Clock, portphillippublishing.com
Why 2019 Could Be A Tough Year For Home Buyers And Sellers, Jade Scipioni, Fox Business
Good Chance Of Recession By 2020 (video, left), Fox Business
Why The Market Blow Up? Varney & Co, Fox Business
Why Did The Crypto Meltdown Occur? CNBC; CS Commentary: A good overview of the current state of the crypto markets.
Here’s How Blockchain Will Impact Your Life In 10 Years, Darla Mercado, CNBC
Bitcoin Peaked 12 Months Ago: Here’s A Look At 12 Months Of Misery (chart above in Cryptocurrency Section), Aaron Hankin, Marketwatch; Also see, Bitcoin Is Pretty Much Dead Says Teenage Crypto Millionaire, Aaron Hankin, Marketwatch; Also see, The Trade Of The Decade: Buy Bitcoin, Katina Stefanova, Forbes
Quote: “If you have something that can potentially [return] 50x, you must have 98% conviction that it’s not going to happen for you to not put money in.” CS Commentary: This article is a must-read. We gave similar advice in our article, in 2017.
How to Know Who To Trust With Your Money II: A Visual Illustration of Fiduciary, Seaborn Hall, Advisor Perspectives
The Bernie Madoff Fraud: Five Lessons For Investors From The ‘Wizard Of Lies,’ Seaborn Hall, Advisor Perspectives
Evaluating The Arguments For The Dollar’s Demise, Seaborn Hall, Advisor Perspectives
How Likely Is Hyperinflation In the U.S.?, Part Two, Seaborn Hall, Advisor Perspectives
Are Cryptocurrencies The Best Investment Opportunity Of The Next Decade? Part II, Seaborn Hall, Advisor Perspectives
Top Independent Financial Advisors 2018, Barron’s
2017 Ranking Of RIA’s By Total Assets, Financial Advisor
CS Commentary: A RIA is a Registered Investment Advisor, generally considered to be at or close to the top of the Fiduciary Pyramid in the investment area. For more, see Common Sense Interpretation, above.
CS Commentary: For an explanation of and the importance of Registered Investment Advisors (RIA), see the ‘Fiduciary’ articles in the Common Sense Interpretation section below.
The Biggest And Best Wealth Management Firms, Investopedia/WSJ
CS Commentary: What’s wrong with this list? Notice they are almost all big banks. Most of the big banks charge ‘hidden’ fees that they don’t tell you about and they also charge larger annual management fees. Independent RIA firms charge an average of about 1-1.25% in management fees, plus, in many cases lower ‘hidden’ fees that they fully disclose. (For an explanation of and the importance of Registered Investment Advisors, or RIA, see Common Sense Interpretation section on this page above).
Top Crypto Exchanges By Market Cap: Cryptocurrency Exchanges/Market List, cryptocoincharts; Also see, The Best Crypto Exchanges, May 2018, Cryptoclarified; Also see, The 10 Commandments Of Crypto Security, Panama Crypto, Medium
Understanding The Retail Bitcoin Exchange Coinbase And Its Professional Trading Sister, GDAX, Jack Tatar, The Balance; Also see, Coinbase Vs. GDAX, The Merkle; Also see, GDAX Vs. Coinbase Comparison, Coin Central
Coinbase Review: Safe Way To Buy Cryptocurrency? Coin Central; Also see, Kraken Exchange Review, Coin Central; Kraken vs. Bittrex Exchange Comparison, Coin Central; What Is Kraken? Shobhit Seth, Investopedia
The Five Most Private Cryptocurrencies, Shobhit Seth, Investopedia
A Brief History Of Bitcoin Bear Markets, Yannos/Ndinga, Medium
The Top 10 Cryptocurrency Blogs & Websites You Should Follow, Cryptoclarified
More Common Sense
14 Books To Read If You Love Tom Clancy, Facebook/media.bookbub
Principles, Ray Dalio
Big Debt Crises, Ray Dalio
The Secret Life Of Real Estate And Banking, Phillip Anderson
CS Commentary: According to some who are familiar with Perel, she endorses Poly-Amorous relationships. We include the excerpts here because they are neutral, empirical and insightful, not because we endorse all of her views.
El Chapo Allegedly Had Sex With Underage Girls, Kevin McCoy, USA Today
The Truth About El Chapo’s Stunning Wife, Nicki Swift
Keto Diet And Diabetes: Do They Work Well Together? Annie Price, CHHC, Dr. Axe
Liam Neeson Explains His Comments After Being Attacked By PC Police Media (video, left), Good Morning America
74 Years Ago Audie Murphy, Future Film Star, Earned The Medal Of Honor With Insane Bravery, Jared Keller, Task And Purpose
2019 Oscar Nominations Unveiled, Washington Post
Peter Jackson Signs On For New Beatles Film Using ‘Let It Be’ Outtakes, Chris Willman, Variety
Bradley Cooper Makes Surprise Appearance At Lady Gaga’s Las Vegas Show, Lexy Perez, Hollywood Reporter
Super Bowl Ratings Not Even Close To Being In The Top Five All Time, Dominic Patten, Deadline
NFL Mock Draft: Potential First Round Picks For All Teams Post-Super Bowl, Michael Middlehurst-Schwartz, USA Today
Letter Grades For Every College Football Coaching Hire This Off-Season, Paul Myerberg, USA Today
What Is Georgia Tech Going To Do About Quarterback Next Year? Benjamin Tankersley, Rumble Seat
Why You Shouldn’t Wait Until Tuesday To Buy Your Plane Tickets, Nikki Ekstein, Bloomberg
What’s The Best Time To Book That Flight For 2019? Emily Price, Life Hacker
Delta, Coca-Cola Apologize For Creepy Plane Napkins After Customers Complain, Michael Bartiromo, Fox News
Why Experts Believe The Disappearance Of Malaysian Flight MH370 Was Murder-Suicide, 60 Minutes Australia
Uhtred Rides His New Battle Stallion In Preparation For Season 4 Of The Last Kingdom, David Harris, Winter Is Coming
I Am The Night: TV Review, Daniel Feinberg, Hollywood Reporter
TV Review: Marvelous Ms. Maisel – Brosnahan Shines, Hollywood Reporter
The Last Kingdom: 5 Things Accurate, 5 Things Not About The Series, Matthew Cohen, Screen Rant; Also see, Ten Best Historical Dramas To Stream On Netflix, Danyell Marshall, Screen Rant
CS Commentary: We don’t necessarily agree with the order or the choices, but some interesting ideas.
Quotes Of The Month:
“When I spoke to a number of senators and congressmen in Washington a few years ago, entreating them to show courage, one of them took me aside and said, “You would see a lot more courage in Washington if we saw any in the church.” He was right.” – Rick Joyner, Morningstar Ministries
“As we are told in Ecclesiastes 3, there is a time for war and a time for peace. If it is time for war, then those who do not fight are the ones out of step with the times.” – Rick Joyner, Morningstar Ministries