Dr. Richard Baker

Dr. Richard Baker, AIF®, is the CEO and executive wealth advisor at Fervent Wealth Management.   First, we pray for the safe return of our service men and women stationed in the Middle East who are taking part in this military operation.   Oil Oil prices have surged 14% in the first few days as Iranian strikes on ships around the narrow Strait of Hormuz have driven energy prices into the conflict. Though natural gas prices have stabilized, we have seen concerned investors move to safe havens...

Dr. Richard Baker, AIF®, is the CEO and executive wealth advisor at Fervent Wealth Management.   Once, when my wife and I were first dating, we went to Bass Pro Shops. She was basically a city girl at the time, and when the gun counter guy asked her if she had ever held a gun, she said no. He hands it to her, and to my shock, she points it right at his head. That’s about how oil traders feel right now.   The oil markets are in the crosshairs of the potential escalation between the U.S. and...

Dr. Richard Baker, AIF®, is the CEO and executive wealth advisor at Fervent Wealth Management.   My personal motto is “consistency, no room for errors,” which drives my kids and wife crazy. I try to find what works and stick with it. I don’t need restaurant menus because I’m going to order the same thing every time. Investors do the same thing. U.S. stocks almost always outperform the global market, so they stick with what works. Well, things are starting to change on that front.   The year...