CS updates our site posts through each weekend, and other times as necessary. Please check back frequently for updates on postings.
Fidelity Adds New Managers To Commission Free ETF Line-Up, Wealth Management
How To Read A Lease, Jean Folger, Investopedia
JP Morgan And The Prophecy Of The Next Financial Crisis, Lance Ng, Medium
Walmart Managers Take Home $175,000 Per Year. How Much Do Workers Make? Kelly Tyco, USA Today
The 25 Best Places To Retire In 2019, William P. Barrett, Forbes
Coinbase Now Supports Over 100 Countries, Medium Coinbase Blog
JP Morgan Has A Date For The Next Financial Crisis And Its Not Far Off, Fortune/Bloomberg
Embrace Reality And Deal With It: Principles #2 (video, right), Ray Dalio; Also see, Think For Yourself About What Is True: Principles #1, Ray Dalio
CS Commentary: Ray Dalio is one of the richest people in the world and built the most successful hedge fund of all time, Bridgewater Associates.
What’s The Deal With Chinese Company Huawei’s Ownership? Lincoln Davidson, LinkedIn
Ray Dalio Is Kinda, Sorta, Really Wrong, John Mauldin, Advisor Perspectives
Why You Fight With Your Partner Over Money And How To Fix It, Byron Ellis, United Capital
Bitcoin Just Getting Started On Next Parabolic Cycle (video, right), Bloomberg Markets & Finance
Money Laundering: Banks A Problem Long Before Cryptocurrency, Patrick Tan, Medium
Facebook’s Global Coin Will Launch In 2020, Michael K. Spencer, Medium; Also see, Massive Crypto Exchange Binance Offering Margin Trading ‘Soon,’ Wealth Management; Also see, AT&T Accepts Bitcoin And Bitcoin Cash Payments, Ken Chigbo, FX Street
Meet The 20 Year Old Bitcoin Trader Who Says He Turned $1000 Into $3.7 Million, Alexandra Canal, Yahoo Finance
Why The SEC Will Approve A Bitcoin ETF, Mark Helfman, Medium
Fidelity Will Offer Cryptocurrency Trading Within A Few Weeks, Bloomberg; Also see, Fidelity About To Offer Crypto Trading, CNBC
Quote: “Further, of the 450 institutions interviewed by Fidelity for research for its new company, everyone from wealthy families to hedge funds to pensions, 22% of respondents already owned a cryptocurrency.”
11% Of Americans Own Bitcoin, Increase In Awareness From 2017, Helen Partz, Cointelegraph
Why Bitcoin’s Revival Is Different This Time (video, right), Bloomberg Technology
How The Real Estate Cycle Works (video, right), Phillip Anderson
Ray Dalio’s All Weather Portfolio, Bite Size Biz; Also see, Must See – ‘Shoot The People You Love’: Ray Dalio Explains His Principles, And More, 60 Minutes
Could Bitcoin Still Go To $25K?, Fox Business
More Wealth Will Be Created In The Next 20 Years Than Ever Before (video, left), Phillip Anderson (2012)
Is Now A Good Time To Buy Bitcoin? (video, left) Bloomberg Tech
(Start Here First To Understand The Investment Arena Big Picture)
Americans Have ‘Incredible’ Misconceptions About Social Security, Britannia De Lea, Fox Business
Why The United States Needs To Encourage Americans To Own Gold, Sean Fieler, The Federalist
JPM Guide To The Markets April 2019 (video, left), JPM Asset Management Hong Kong
Goldman Sachs Buys United Capital For $750 Million? What Does It Want? Britton/Thrasher, Wealth Management
China Trade By The Numbers, US Census
CS Commentary: China is about 17% of total US trade, but only 7% of our total exports. Meanwhile, the US imports over 20% of China’s goods relative to other countries. China is the US’s largest trade deficit – over $400 billion a year at present and it has consistently risen over the years. In 2018, the US exported $120 billion and imported $539 billion from China. This, among other things, gives the US significant leverage in trade negotiations with China.
America’s Biggest Economic Challenge May Be Its Demographic Decline, Neil Irwin, NY Times
CS Commentary: Harry Dent may have been one of the first to sound the alarm on this problem as far back as 2008-09, but he largely mis-forecasted when and how the problem would become reality, suggesting that there would be a second major stock market collapse soon after 2008 – this never occurred. Has immigration, central bank manipulation, and globalization solved some of this problem in ways that Dent could not foresee? Perhaps not, but only time will tell.
How SIFMA, FSI, FINRA, And The SEC Conspired To Doom The Advisory Profession, Ron A. Rhoades, Advisor Perspectives
CS Commentary: SIFMA stands for The Security Industry Financial Marketing Association. FSI stands for Financial Services Institute. FINRA stands for Financial Industry Regulatory Association, a Congressionally authorized association that regulates broker-dealers. The SEC is the Security Exchange Commission, an “independent federal government agency responsible for protecting investors, maintaining fair and orderly functioning of the securities markets, and facilitating capital formation (Investopedia).
This is the most important article we have published here in sometime, yet, it will be too long and technical for many of our readers. We encourage you to read the introduction and the conclusion. The bottom line here is that the current SEC has, once again, been corrupted by compromise, lobbying and the broker-dealer industry – and the fiduciary landscape may be, once again, about to change. That is, be compromised. At present, investors can rely on the fact that RIA’s (Registered Investment Advisors) are held to a higher Fiduciary standard – this may not be the case much longer if the SEC has its way. For a shorter and simpler explanation of what the fiduciary standard should mean, see the Common Sense Interpretation-Money page and our articles on the Fiduciary Pyramid.
After Two Of The Greatest Bull Markets In History, Why Are Investors So Broke? Lance Roberts, Advisor Perspectives
More Common Sense
CS Commentary: You will never look at Modern American History the same way again. If you only read one book on American History, this should be it. It will change your perception of America and its leaders over the last 100 years.
TED Talk: How To Spot A Liar (video, left), Pamela Myer
Jack The Ripper Revealed? DNA Analysis May Finally Unravel Mystery, James Rogers, Fox News
The Top 12 Crimes & Murders Of 2018, Part 1, DeLani R. Bartlette, Medium
CS Commentary: Most Medium articles, at least those editor featured, tend to be from a liberal slant. This is no different, but still newsworthy and informative about its subject.
Hitman Accidentally Kills Two Women, Mary Morris And Mary Morris, Cat Leigh, Medium
Esther Perel’s Secret To Making And Keeping Lifelong Friends, Wells Phillips, Wellandgood.com
Actress Marcia Cross Speaks: How A Taboo Sex Act Can Lead To HPV And Anal Cancer, Hannah Sparks, NY Post
Naomi Scott Of ‘Aladdin” Says Her Identity Is ‘In Christ,’ Billy Hallowell, Charisma
Bradley Cooper And Irina Shayk Split After 4 Years Together, Fernandez/Merrett, People
One Of The Most Important Films Ever Is Hardly Known, Seaborn Hall, Medium
AGT: Kodi Lee Wows With Historical Music Moment (video, left), America’s Got Talent
The Voice Coach John Legend Breaks His Silence On Adam Levine’s Departure, Megan Stein, Yahoo
Dallas Keuchel Signing Welcome Addition To The Braves, Jeff Schultz, The Athletic; Also see, Braves Sign Kuechel To One Year Deal, Los Angeles Times; Also see, Kuechel Looks To Be Ready To Join The Braves Quickly, ESPN
Dale Murphy: The Braves Are The Class Of The NL East & More Notes On The MLB, The Athletic; Also see, The 30 MLB Teams, Ranked & Analyzed This Week, Jonah Keri, The Athletic
NFL’s Falcons: Has The Defense Improved From Last Season? Jason Butt, The Athletic; Also see, Ravens Bring Triple Option Guru Paul Johnson To Baltimore Training, Jared Dubin, CBS Sports
The One Tiny Thing That Made Me Give Up My iPhone For Android, Mike Wehner, BGR
iPhone XS Max vs. Samsung Galaxy S10+, Who Wins? You May Be Surprised, Bgr; Also see, Apple Now Sells 5 Different iPads, Cameron Faulkner, The Verge; Also see, Apple’s Radical New iPhone Suddenly Takes Shape, Gordon Kelly, Forbes
Why You Shouldn’t Buy A 5G Phone Right Now, Tibken/Cheng, cnet; Also see, Galaxy S-10 Phone: Samsung Finally Gets Everything Right, David Pierce, WSJ
The Best & Worst Airlines – Based On Delays And Complaints, Josh Ocampo, LIfehacker
Bad Blood, Season 2, Netflix, Official Trailer; Also see, Review: Bad Blood, Season 2: Deftly Made, Superior Crime Drama, Globe & Mail
Quotes Of The Month:
“There is no political freedom without spiritual freedom, and that is what we have not understood yet.” – Iben Thranholm, Danish Theologian and Journalist