Real Estate

You want to be a billionaire?

Many people look at investing in stocks as a way to amass a large fortune.  Some may even think that after depositing a one time sum of money and without ever adding to it they can become multi millionaires or even billionaires !  Mark Hulbert had a very good piece on Marketwatch website related to this subject after the Forbes 400 list came out last month.

Shift from QE to forward guidance

In case you missed it Kevin Warsh was on CNBC this morning. Again he made some great points including highlighting one of the downfalls of QE which he suggests has led to a misallocation and “malinvestment” of capital as oppose to hyperinflation which many doomsdayers have been harping on since the beginning of Fed’s Zero Interest Rate and QE policies.

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