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Anyone in high school today is old enough to have memories of the last banking crisis Maybe those memories include helping pack up their room in the big house in the suburbs because the family had to...
On June 23 the UK elected to abandon the European Union (EU) in what can be characterized as a 52% to 48% squeaker Emotional reactions to the event have ranged from giddy triumph in more rural,...
In the old days if you worked hard, kept out of trouble and saved a little money, you’d end up doing all right in life It was a simple formula, and for the most part it worked Today those simple...
To curb the worst of the Great Recession in 2008, the US Federal Reserve Bank had to resort to extraordinary measures In the lingo of the Fed, they embarked upon an “unprecedented monetary...
On Tuesday the news was flooded with stories about how Microsoft is about to purchase the business networking platform LinkedIn for just over a cool $262 billion That’s great news for the lucky...
Will you be ready to retire soon It all comes down to one key issue: Either you’ve got the savings to cover your retirement years, or you don’t, right True – but only to a point After all,...
As it says in Ecclesiastes, there’s nothing new under the sun—and nowhere is that more true than the recent gold market After a high flying start to the year, prices have moderated somewhat On...
It’s been a hectic past few weeks, and you’re about ready to throw up your hands So what, you say, if hedge fund king George Soros just invested heavily in gold What’s the big deal if...
Gold is up nineteen percent for the year, as of this writing, and after having tantalizingly touched just above thirteen hundred dollars per ounce earlier in the month, the shiny metal’s price...
In many respects a flat, or sideways market, like the one we’re seeing today, can be more dangerous than when markets are definitively up or down When markets are flying high, you know when you...
I’ve written a great deal in this blog about economic uncertainty and how it affects our finances and outlook for a secure retirement While the world at large is afflicted by uncertainty, here in...
image: IMF head Christine Lagarde makes $467,940 annually, plus $83,760 to "maintain an appropriate scale of living" Her tax bill Zero It’s the oldest story in business They teach sophisticated...
Despite the insistence in some quarters that “We’re in recovery!” somehow it just doesn’t feel that way We’re sluggish We’re employed, most of us, but not moving onward and upward...
It is no surprise that most investors today are anxious about the political and financial uncertainty of the future Rising inflation, a war in Ukraine, tumultuous energy markets and weakening...
Of all the precious metals, gold shines as the most high-profile; a preferred investment for professional traders that acts as an effective hedge against a declining stock market and weakening...
Yesterday we started on a subject that’s worth further examination Previously we traced the history of one of the greatest economic collapses in our nation’s history back to the actions of one...
Here’s a quick tale from the annals of Americana My very first entrepreneurial venture was a lemonade stand I set up on a busy street corner in Philadelphia I must have been about eight I...
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