When I started my first job after college -- before I became a financial planner -- I was handed an enrollment packet for the company's 401(k) plan and told to pick what I would be investing my retirement savings in. Like many people, I had no idea what the right choice was so, naturally, I...Read more
About: Patrick Daniels
Recent Posts by Patrick Daniels
Last Friday, the Senate failed to reach an agreement to pass a continuing resolution, which has led to another -- the second one in my career -- federal government shutdown. Since October 1, 2017, Congress has passed a series of temporary continuing resolutions that extended government funding for periods of roughly 30 days at...Read more
In recent years, the monetary easing policy has suppressed interest rates and increased the money supply in an effort to promote increased lending and liquidity. What it has effectively done though is encourage passive investors to speculatively seek yield in overvalued securities by giving them the illusion that this bull market will continue forever. Following the...Read more
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