RichC | March 27, 2024
Amazing day for the stock market again. It looks like more high inflation and that this kind of strong market confidence may push off Fed rate cuts until inflation drops closer to 2%, unemployment begins to rise or the entire economy hits the skids. On the other hand, this irrational exuberance looking excitement (Crypto, $RDDT, […]
RichC | January 12, 2024
Well then there’s an ETF (Exchange Traded Fund) for that … finally. But now the decision, which one do you add to your investment portfolio? Check out this article on CNBC and chart of ETFs and fees. The bitcoin exchange-traded funds launching Thursday after the SEC’s long-awaited approval come at a wide variety of price […]
RichC | November 17, 2022
In Barron’s Magazine (11/10/2022), there was an excellent article by Karen Hube on “How to Use This Year’s Market Tumble to Reduce Your Tax Bill.” The read is helpful for those contemplating a way to use their losses to offset what they may have sold … or using the “market tumble” as a way to book […]
RichC | December 30, 2021
There’s more to buying, trading and SENDING Ethereum cryptocurrency and blockchain dapps than just reading this short paragraph, but if you want make $ETH transactions (applies to other cryptocurrencies as well) … the best way to reduce fees (gas fees) is to make the transactions when the traffic is not at its highest. In other […]
RichC | November 19, 2021
How about mining Bitcoin and heating your house (room) with the excess energy/heat? For small room portable heating and cryptocurrency mining this looks interesting (although personally I’d rather install solar panels and sell electric power to the grid), check out the Heatbit website. https://youtu.be/bsjdIrcvz0E
RichC | November 5, 2021
Although I’m not an all-in cryptocurrency buyer, trader or investor (pick your poison), I do own and am accumulating small amounts of different crypto. After a fair amount of reading this past year, my conclusion is to use a reputable cryptocurrency exchange like Coinbase Pro, Coinbase (disclosure: I own $COIN stock), Uphold or Interactive Brokers […]
RichC | October 28, 2021
I noticed that Thursday’s post disappeared from the blog so in a quick attempt to repost the graphic, here we go again. One of the “very small” perks of using the Brave browser on the web is that it offers the option to accept fairly non-invasive advertising and links on the default home page and […]
RichC | October 23, 2021
It is probably inevitable that we will all be using cryptocurrency someday. The early adopters are already immersed and getting comfortable investing and trading it … perhaps too comfortable??? Risks of Leaving Cryptocurrency in Exchange A brief look at the history of Bitcoin and cryptocurrencies reveals why it is dangerous to leave your crypto funds […]
RichC | September 3, 2021
A friend asked me the other day, “what are you going to do if inflation becomes a bigger problem than it is already?” Good question … the canned answer (safe answer) is to be diversified. The reality is far more challenging. There was a day when the first reply was to own hard assets like […]
RichC | August 15, 2021
For decades now I’ve had a fairly positive relationship with both business (CPP) and personal banking … and particularly with local banks. I grumbled the 1990s when multiple bank mergers forced out the manager I worked with in NE Ohio. He knew me by name and often pulled me aside to see if there was anything […]
RichC | August 8, 2021
Dennis Gartman comments on cryptocurrency (August 3, 2021) and whether or not he is investing in a “Tinker Bell effect” asset. The 3-minute segment with Dagen McDowell was on the Fox Business program “Mornings with Maria.” Dennis Gartman on Crypto – 3-min | 8/3/2021 Dennis Gartman has been directly involved in the Capital […]