I had a conversation with my former financial advisor when the markets were crashing back in ’08. I asked him to give me an estimate, his best, ostensibly educated guess when the market might turn around or at least stabilize. He assured me it would be soon. The credit default scandal had already been exposed. … Continue reading The 5% Factor in Finance
Tag: wealth
On the Train to Auschwitz
Electricity is shooting from my fingertips. My heart is racing. My breathing fast, too fast. “I can't understand your accent. I'd like to talk with a supervisor, NOW!” My fifth ask. I'm on the phone with COMCAST, have been for the last 2 hrs today; 3 hrs on Tuesday, 2 more last Friday...etc. “I sody mem for … Continue reading On the Train to Auschwitz
The 5% Factor in Finance
I had a conversation with my former financial advisor when the markets were crashing back in ‘08. I asked him to give me an estimate, his best, ostensibly educated guess when the market might turn around or at least stabilize. He assured me it would be soon. The credit default scandal had already been exposed. Real estate foreclosures … Continue reading The 5% Factor in Finance