• Current Events,  Mile High View,  Uncategorized

    Making the Most of a War of Words

    The presidential race has begun. If you have listened to the debates, you know the Affordable Care Act (Obama Care) is a hot button issue. The question: Is the health care issue just a political scheme or is there a real problem? I believe health care is a real problem, one that will grow the longer it is unaddressed. I also believe this crisis is becoming a war of words where facts are forsaken in the pursuit of a successful election. For both Republicans and Democrats, discussing health care is about winning a debate. Inflammatory words are used. There is talk of a government takeover of our medical system. Threats…

  • Current Events,  Return on Investment,  Uncategorized

    Flash Trading

    In 2008 very few people had heard of credit default swaps, overnight repos, or collateralized debt obligations (CDOs).   Many of the firms that brought those financial creations to the market have brought dark pools and high frequency trading. Firms doing high frequency trading execute over half the orders in the stock market and probably place over 95% of the orders. Dark pools account for another 25-30% of trades. That leaves less than one out of four trades being done “the old fashioned” way. I believe it is important to understand what is going on and to keep the focus on the longer-term to build wealth and income. I first licensed…