Brainy investors usually make bad stock pickers, because most people do anyway, but a group of them are even worse. Plus the week’s good reads…
The Investor
Some people spend 25 years working to pay off a mortgage then claim their house is neither an asset or an investment. Huh? No wonder we have boiler room scams.
Changes to make it easier to create ‘self-indexing’ ETFs are likely to be used to confuse and profit from unwary investors. I know, I’m shocked too. Not! Plus the week’s good reads.
You might think that inflation is just something that happens, but in reality it’s a policy tool with specific uses, including a means of reducing the public debt.