by Phelps Admin | Sep 20, 2024 | David Phelps
Freddie Mac has proposed a “stimulus” program to enter the secondary home equity loan market, claiming it will cost the government nothing and add no more than $1 to the national deficit. The government entity wants this program implemented by the summer of 2024 and...
by Phelps Admin | Sep 20, 2024 | David Phelps
Our government never really needs a reason to spend our tax dollars—it does that on autopilot, spending about $218 million every hour. But as we enter into another election season, we should expect to see a lot more government spending, which will inevitably drive...
by Phelps Admin | Aug 13, 2024 | David Phelps
For the cost of notarizing a few documents, anyone (I repeat—anyone) can file private investment offerings with the Securities and Exchange Commission (known as “Reg D” offerings). Very few questions are asked. Now, I’m not advocating for licensing real estate...
by Phelps Admin | Jun 14, 2024 | David Phelps
The default for most is to hand money over to a financial advisor, the tradeoff is a loss of control and exposure to the volatility of Wall Street. Financial advisors will also recommend putting your funds into retirement accounts which will lock up your money until...
by Phelps Admin | May 30, 2024 | David Phelps
For many doctors, the investment portfolio is largely “randomized” based on the options they have crossed paths with over the years. It’s what I call “spaghetti on the wall” investments. They aren’t necessarily bad by themselves, but they aren’t coordinated to produce...
by Phelps Admin | May 29, 2024 | David Phelps
One of the questions I get asked the most is, “How do I know what to invest in,” and while I appreciate the sentiment here, that is almost always the wrong question. That’s because without context, any answer is basically meaningless. The right answer is based on...