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What You Need to Watch in the Market Now

Earnings season is underway… And this earnings season is one you should pay close attention to if you’re in the market. It could even play a significant role in my friend and colleague Steve Sjuggerud’s “Melt Up” prediction. Investors are scared right now. Everything that is going on…

Four Ways to Prepare for the Market Turn

Last week was a wild week in the market… From Wednesday to Thursday, the Dow Jones Industrial Average fell nearly 1,500 points. Even though stocks bounced back some on Friday, folks are asking if this is the beginning of the end. Logically, we…

Building Wealth

Don’t Make the Same Mistake as ‘Dr. Internet’

Doctors are notorious for bungling their financial decisions. First, they always start in a hole. They’ve usually got a six-figure pile of student debt. And they don’t start earning much money until their early 30s. Worse, doctors are overconfident. They’ve spent years in school honing their specialty in medicine. They think good grades…

Spending Wisely

Use the ‘Eifrig Family Travel Rule’ This Fall

This time of year, I see a lot of folks traveling. We’re gearing up for the holidays, when airports are busiest. But in the new fiscal quarter, which started in October, plenty of businessmen travel to work sites and other office branches. And it’s not just my imagination… Fall brings a huge uptick in air travel. According to data from travel management firm SAP Concur, crowds grow…

Ask Doc

‘The Real Melt Up Is Coming’

On Wednesday, the Dow Jones Industrial Average fell 800 points. But the Dow didn’t get the worst of it. The stocks that have been leaders turned into laggards. Tech shares fell while consumer staples and utilities held their value. The tech-heavy Nasdaq exchange fell 4.1%. Yesterday, we saw another 700-point drop in the Dow. The financial news headlines shifted to full-on crisis mode. Everyone wants to know how to dodge the next big crash. “When will it hit? How will I know when to…

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Living Well

My War on Diet Soda

I hate diet soda. Longtime readers know I’ve railed against diet sodas for years, namely because of the dangerous artificial sweeteners they use. Diet soda contributes to everything from diabetes to dementia thanks to the inflammation caused by these fake sweeteners. But about one in five Americans drinks diet soda every day. That’s despite a plummet in diet soda sales that hit a 30-year low in 2015. Coca-Cola responded by “reformulating” its Coke Zero product… and brought sales back up. It’s just a show…

Travel

Seven Essential Items for Summer Travels

Late summer means a lot of travel. Whether it’s trips to the beach or a vacation before the kids or grandkids go back to school, plenty of folks are getting ready for a trip. What’s more, according to a poll from CBS, more folks prefer to travel in September. If you aren’t traveling with children, that’s a great time to travel thanks to smaller crowds and cooler temperatures. I travel a lot. And over the years, I’ve picked up on some tricks…