Understand this before spending hours researching funds

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One of my friends recently said they wanted to start investing and they wanted to try out mutual funds as a first investment and asked me what they should be looking for when making a selection.

It’s a simple question, but the answer wasn’t short enough to answer in a text.

If you aren’t sure what a mutual fund is, check out this article I wrote a couple of years back: ETFs and Mutual Funds.

Questions you need to ask yourself

When I am talking about the time horizon, I am talking about how long you can go without access to this money. Do you have…


Gamestop and Dogecoin are a symptom, not the cause.

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After the whole GameStop and Robinhood saga, you started seeing articles with titles like When Investors Forget Fundamentals, the Market Is Broken. And Congresspeople saying that a group of people has been using the stock market like “a casino for decades.”

If you don’t closely follow the stock market, this probably confirmed many beliefs. It is a precarious place where rich people get richer and poor people either don’t play or get scammed when they try.

This kind of sentiment around the stock market is not new, but it has gotten a fresh breath of life after GameStop’s events.

Many…


It’s not a newsletter if it’s not covering GameStop

The lines between news and opinion are often blurred. In What You Missed This Week, I serve up the facts and present My Take in separate sections to help you distinguish news from spin.

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I am trying to make HuskDoes more than just a blog and use my work to generate some good in the world.

To start 2021, I will be making a $0.25 donation to Feeding America for…


No, this is not a reason for Medicare for All

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Every election cycle, health care is always a topic of conversation. Republicans say that Obamacare was a failure but generally are scant on the details of a new plan. Democrats say that Obamacare was a success but want to replace it with Medicare for All. Yes, I know Joe Biden said he was not in favor of Medicare For All, but by expanding the public option (Medicare), we will get there. It will just take longer.

I am not here to shake my fist at the sky and say Washington needs to get their act together; instead, I am putting…


The Robinhood trader is here to stay.

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Since the onset of stay-at-home orders, a new breed of traders has taken center stage on Wall Street. With nothing to do, these individuals took their government stimulus money and put it to work in the stock market.

Better known as the Robinhood traders, this whole cohort is nicknamed after the trading app Robinhood because this application was the first to offer no commission trading to the masses. No fees have now basically become the standard and have created a resurgence in retail investing.

These investors were initially known to crowd positions in speculative COVID stocks like cruise lines and…


What other trick do these companies have up their sleeve?

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“Stakeholder capitalism is a system in which corporations are oriented to serve the interests of all their stakeholders,” according to Investopedia. The term stakeholder in this sense includes all the employees, customers, local communities, and now is beginning to encapsulate the world as companies become multi-national.

The concept has been trotted out as a counter to the notion that Milton Friedman championed in the 1970s called Shareholder Capitalism. At its simplest explanation, shareholder capitalism says that a corporation’s number one responsibility is to maximize profits for people who own shares in the company (the owners).

Most people’s understanding of shareholder…


A policy that sounds good, but will actually make the problem worse

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If you aren’t a big political junky, you probably didn’t see the headlines around student loan forgiveness. Some Democrat Congresspeople were pushing for President-Elect Joe Biden to pass Student Loan Forgiveness immediately upon entering the White House either through legislation or executive order.

Senator Elizabeth Warren and former presidential candidate tweeted this out on Monday

Democrats have said this would help close the wealth gap that has opened up in our country and could also help minorities who are most affected by student loan debt.

I don’t think this will help at all, and it will actually make the…


This is coming from someone who didn’t vote for him

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Liberals may have seen the above headline and thought to themselves: “Oh yes, another Republican who is on the Biden bandwagon!” With Conservatives, on the other hand, may be thinking: “No way, this must be a Never Trumper?”

What is about to happen on January 20 is about to be something that hasn’t happened in over 100 years. The president-elect will be inaugurated without his party possessing a majority in both the House and Senate.

Democrats don’t need to lie. They were not hoping for healing with the 2020 election. …


If it was all about money, then how come billionaires never stop working? This is not a FIRE Article.

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Retirement is that thing we hear a lot but don’t talk about much. Articles with titles like Here’s How Much You Should Have Saved for Retirement by Age 50 or commercials scaring you into saving for retirement like This Is Getting Old by E-Trade.

It may not seem like a big deal, but if the only time you hear about or talk about retirement is around this kind of media, it can start to take root and shape the way you view retirement.

Based on the commercial, most people see retirement as something that happens when you are older, when…


Yes, COVID has something to do with it

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If you are someone who follows the stock market, you have probably heard of the term SPAC.

A simple search will give you results like:

As you can tell by these headlines, the SPAC obsession isn’t being run by some no names trying to make a name for themselves. These are big-time business leaders. So why are we hearing about it so much now?

Background on SPACs

I will keep this section short because they are…

Michael Huskey

Writing on topics that interest me. Currently those topics are personal finance, tech and business

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