Publisher’s Note: If you’re not averaging double-digit percentage gains on your investments, it’s worth your time to check out Nicholas Vardy’s portfolio strategy. You can learn about his two most recent recommendations — both up over 50% in just the last few months — along with his favorite “wealth-compounding machine” — here in his updated research report. Click here to keep reading.

It seems unfair that the earnest polymath Elon Musk should go broke in the electric car business while Kylie Jenner becomes a billionaire at age 20 hawking lip gloss on Snapchat, but that’s how the American Dream rolls these late days of empire. Perhaps the lesson here, for all you MBA wannabes, is that Mr. Musk could switch his production facilities from cars to lip gloss. Of course, to successfully market his new line of cosmetics on social media, Elon might have to consider sexual “reassignment” surgery — unless he could persuade American men via Facebook and Twitter, that lip enhancement boosts male self-esteem almost as much as the purchase of a Ford F-450 pickup truck at a laughable fraction of the cost. Read More
On this episode of Money For the Rest of Us, David Stein walks you through the complex idea of a bond bear market. He explains that a market consisting of losses of 20% or more are considered a bear market type loss and that this type of loss is possible even in the bond market. David states that “It’s important to understand what drives interest rates, how high they could get, and what the ramifications of that are.” Be sure to listen to this full episode to fully understand this idea and to hear some of David’s suggestions for investing in a rising interest rate environment.
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