Rate of Return

by Bill Parrott on

Do you know the rate of return on your investments? Have you ever calculated your total return? In my experience, most investors don't know what they earn on their money. Of course, I often hear about winning stock trades – never the losers, nor do people tell me how much they allocate to their...

It's finally here! The greatest sporting event is back after last year's hiatus. Though fans, bands, cheerleaders, and mascots are missing, it's still exciting to watch. My family and I look forward to competing against each other with our brackets, and I always participate in ESPN's Tournament...

Is America waking up from its COVID slumber? The number of people getting vaccinated is increasing daily. Yesterday, Governor Greg Abbott of Texas eliminated the mask mandate, and he's allowing businesses to open up at 100% capacity. Mississippi is doing the same. President Biden anticipates most...

Fear Rising Rates?

by Bill Parrott on

Investors fear rising interest rates. Since the start of the year, the 10-Year US Treasury yield is up 66% to 1.54%. It's still low, but the speed at which it climbed is worrying investors. For the past fourteen years, the yield on the 10-Year averaged 2.33%. The high was 4.01%, the low was .52%...

What A Year!

by Bill Parrott on

What a difference a year makes. Last March, COVID appeared, and global commerce came to a halt. The Dow Jones fell more than 30% as investors reacted to the virus and economic shutdown. Initially, working from home was expected to last a few weeks before things returned to normal. Larry Kudlow...

Risk Management

by Bill Parrott on

Today I woke up to an inch of water on the floor due to a busted pipe from the Austin freeze.  We caught it early, shut off the water, and limited the damage. Despite shutting off our water, we're lucky because we have electricity, a backup water supply, and food in the pantry. Others in our city...

Single Track

by Bill Parrott on

When I ride my mountain bike, I take calculated risks, or I used to anyway. I've ridden down mountains on beaches and through state parks. Riding down the Flume Trail in Lake Tahoe was a favorite. I'm not an overly aggressive rider, but I hold my own.

As my daughter was growing up, we went on...

I Want A Correction

by Bill Parrott on

Stocks have been on a tear since the March COVID pullback, rising 103%! Several companies have soared more than 500%, including Tesla, Nautilus, Tupperware, and Moderna. ARK Funds, led by Cathie Wood, had three funds rise more than 170%. And don't get me started on Bitcoin, Gamestop, or the Reddit...

Rising Rates

by Bill Parrott on

Interest rates are rising. Year to date, the yield on the US 30-Year Treasury bond is up 24%, and from the July low, it has risen 75%. Though rates are near historical lows, they can rise quickly. When rates rise, bond prices fall, and at some point, they will threaten stocks as investors search for...

Is This Time Different?

by Bill Parrott on

GameStop stock soared to all-time highs last week on the wings of social media traders. The Reddit traders put the short squeeze on GME and almost destroyed two high profile short-selling firms. At one point, GameStop had risen more than 1,600%! On Twitter, Reddit Investors said, "It is the common...

Enough

by Bill Parrott on

Gamestop stock has soared more than 1,750% over the past few weeks, led by an army of Robinhood traders utilizing sites like Reddit and WallStreetBets. These social media warriors knocked one hedge fund manager to its knees as Gamestop soared to dizzying heights. The day traders forced Melvin...

Supermarket Investing

by Bill Parrott on

When I walk into my local supermarket, magnificent smells of freshly cut flowers and a sea of fruits and vegetables welcome me. Further on, I encounter the aroma of baked bread, cookies, and cakes. My senses are overloaded, and I have yet to start shopping.

A supermarket layout is science-based...