Skip to main content

Sound Money

Perspectives on Money, Credit, & Financial Markets

Fog

5 AM Alarm

January 12, 2019

Categories: 2018 Review, Asset Allocation, Bonds, Bond Market

As I have aged, it seems my alarm clock goes off earlier and earlier. As a child, I somewhat dreaded waking up early in the morning unless it involved golf or some other sporting activity. Early morning Bible studies were thrown in the mix as I entered college. I have many older mentors to thank for motivating me to get up early and study the Bible. As I started my career, an earlier wake-up was the norm. Of course, once kids came along, the alarm clock was somewhat useless as babies became the new alarm clock (which went off multiple times every night). More recently, I have picked back up the hobby of running. With a busy family and work life, early mornings are the best time to “get my run in”. I have come to enjoy the solitude and peace of the early morning.

Read more

Expectations

October 14, 2016

Categories: Asset Allocation, GMO, Investing, Markets

Every four years we elect a new President. Every four years the most gifted athletes in the world compete in the Olympic Games. I don’t know about you, but this election cycle is driving me crazy! So why don’t we talk about the Olympics instead. Meet Clayton Murphy. Just 21 years old, Murphy earned a bronze medal in the 800 meters this past summer in Rio. It was the first time an American has medaled in the 800 meters since 1992. He finished in a time of 1:42.93, which was the third-fastest American time ever and faster than his previous personal record time of 1:44.30. He was an improbable bronze medal winner. Murphy’s goal coming into the Olympic Games was to simply make the final. Murphy commented after the race,

Read more