Any time you want to see what happens when inflation runs wild, just look at Argentina. They lied to their citizens just like our own government is lying to us. The inflation rate in Argentina hit 20,000% in March of 1990. To put that in perspective, a gallon of gas that cost the equivalent of [...]
What do the biggest drops in the Dow have in common? We started looking at historical trends and the picture starts to get a bit scary. You first of all have to decide whether you want to look at the big drops in terms of dollar losses or in terms of percentage losses. There can [...]
According to Forbes, Bill Gates is America’s richest man. He went up last year by $6 billion to put him at $66 billion. How does Bill Gates invest his money? Amazingly, Microsoft stock only makes up about 20% of his portfolio. All of his investments are held within his investing entity, Cascade Investment, LLC. His [...]
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Disclaimer: Covell Financial, LLC, is a registered as an Investment Adviser company with the State of Louisiana through the Office of Financial Institutions. We are licensed through them to give financial advice within the State of Louisiana only.