by Phelps Admin | Jan 12, 2024 | David Phelps
As reported, the state of our economy has evolved from “everything’s fine, and there’s no inflation” to “ok, there is inflation, but it’s just transitory,” to “well, yeah, of course, inflation is here, and it’s going to be here for a while,” most Americans are...
by Phelps Admin | Jan 10, 2024 | David Phelps
When you turn on the news lately, most commentators will claim either that our economy is doing terrible and we should run to the hills or that our economy is secretly doing awesome and only crazy conspiracy theorists are worried. (Spoiler alert—neither side is...
by Phelps Admin | Jan 8, 2024 | David Phelps
I stopped at a coffee shop a few days ago after returning from a meeting. I got my coffee and quietly sat down at a small table in the back corner. I opened up my laptop to begin digging into the due diligence on a property I was considering as an investment. But...
by Phelps Admin | Jan 5, 2024 | David Phelps
Most of us are entrepreneurs at heart. We want “the good life” and will do what it takes to get “there.” Go hard, level up, hustle… But is grinding a virtue or a vice? I recently posted a meme in an outline dental forum: My definition of...
by Phelps Admin | Dec 1, 2023 | David Phelps
The economic environment we’re now facing closely resembles the brutal stagflation we faced in the 1970s, which devastated our economy and the lives of millions of Americans in the process. But before we get into exactly what that is and how it impacts all of...
by Phelps Admin | Nov 21, 2023 | David Phelps
Inflation absolutely skyrocketed in 2021, shortly after the pandemic spending spree and unfortunately, our government seems to be committed to more of the same, so inflation isn’t going anywhere anytime soon, and it’s probably going to get a lot worse...
