By James K. Glassman From Kiplinger’s Personal Finance The U.S. market as a whole has produced average annual returns of about 10 percent over the past century, but it doesn’t go up 10 percent every year. In roughly one out of four years, it declines—sometimes a lot. History shows that markets bounce back. But enduring…

You did it. You own your own business, and you’re the boss. It’s a healthy business and doing well. But what’s your vision? If you max out on your core business, what’s next? No matter how small or big your business is, the need to think outside the box is essential. Think about your short…

South Korea’s auto industry has become increasingly dependent on China for parts, leading to calls for supply chain diversification. Cho Chul, an analyst with the Korea Institute for Industrial Economics and Trade (KIET), a government-funded think tank, recently highlighted how automobile parts imports from China have increased over the past two decades. “China only accounted…

Recently a new breakfast joint opened up in my town. During my first trip there, I was pleasantly surprised to see that they also have a lunch menu. That meant in addition to delicious breakfast sandwiches; there were also traditional lunch options like soups, salads, and BLTs (a type of sandwich that has bacon, lettuce,…

Despite frequent calls by activists and politicians to diversify Alberta’s economy, a recent study finds that the oil and gas sector does not dominate the province’s economy. On the contrary, its economy is as diversified as the rest of Canada’s provinces. “Demands for Edmonton to actively diversify the Albertan economy are often based on myths…

Commentary  I am a firm believer that conventional wisdom leads to conventional results.  Whether it is in areas of science, mathematics, or the arts I think a convincing argument can be made that no one ever did anything truly spectacular by following conventional wisdom.  There is a reason for this and that is because conventional…

Bitcoin miner Argo Blockchain PLC has started a non-mining business unit, Argo Labs, to diversify its business and take advantage of other opportunities in the blockchain ecosystem, CoinDesk reports. “We’ve always felt that the blockchain space has more potential than just mining,” said Argo CEO Peter Wall in an interview with CoinDesk, adding the new business unit will be “an…

Dear Readers: I’ve been promoting the tried-and-true principles of smart money management for so many years it can be hard to come up with fresh ways to share their important message: Spend less. Save more. Diversify your portfolio as you invest for your long-term goals. As old-fashioned as this advice may sound, it remains the…