“Nobody knows nothin’.”– Jack Bogle
Vanguard’s legendary founder, Jack Bogle, once relayed a story that when he was first starting out in the investment business, his mentor told him to remember that “Nobody knows nothin’.”
When it comes to Wall...
In May of 2024, I looked at Gladstone Capital‘s (Nasdaq: GLAD) dividend safety, giving it a “B” rating. At the time, the only issue was a small dividend cut of just a cent per month in 2020.
Net investment...
A friend of mine is very wealthy. Yet every time the market shimmies, he asks me if he should get out.
“It depends on your tolerance for risk,” I explain to him. I walk him through a series of...