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Heresy Financial: Small Losses

Small losses are an integral part of every successful investor's or trader's strategy. It is simple risk management. However, it is also key to allow small losses in a system at scale, like an economy.…

61% of Americans Pay NO Federal Income Taxes

The numbers for 2020 just came in, and 61% of Americans paid absolutely zero in federal income taxes last year. This is true, but there is a catch. There is another 'tax' that everybody pays,…

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Heresy Financial: What to Expect if the Fed…

The minutes from the Fed's July meeting were released and indicated broad consensus that the Fed should start tapering their asset purchases soon, and likely by the end of the year. This has big implications…