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How Much Will Your Retirement Account Pay You Monthly?

It can be tempting to look at your 401(k), IRA, TSP, or other retirement account and think that you’ve got it made. Maybe you have $100,000 in your account, or $250,000, or maybe you’re one of those lucky ones with over $1 million. But rather than thinking of the lump sum in your account, have you thought about how much that account will net you each month in retirement? If you have a traditional (non-Roth) IRA or 401(k) retirement account, [...]

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Is the Corporate Debt Bubble Finally Popping?

The story of stock markets over the past several years has been one of phenomenal growth. The bull market in stocks since 2016 finally gave many investors the feeling that the US economy had recovered from the financial crisis. From less than 16,000 points in early 2016, the Dow Jones Industrial Average has rocketed up to nearly 30,000 points. And it seems that markets continue ignoring all the bad news and potential headwinds in their search for new highs. But [...]

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Gold Surges Above $1,600 as Stocks Slide Amid Coronavirus Fears

Every week seems to bring more and more bad news about the Chinese coronavirus. While new cases and new deaths seem not to be accelerating, much of the country remains completely shut down. With about 30% of the US semiconductor sector dependent on products from China, that could put a major damper on US industry. Apple has already warned that its sales and revenues will likely be significantly affected by the continued shutdown in China. Foxconn, one of its major [...]

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US Household Debt Hits Record High, Over $14 Trillion

The decade of near-zero interest rates in the aftermath of the financial crisis has helped fuel the creation of one of the largest debt bubbles in history. But while the corporate debt bubble gets much of the attention, as well as the $23+ trillion national debt, household debt grows largely unnoticed. And that household debt has just set a new record, growing to over $14 trillion in the fourth quarter of 2019. The current level of $14.15 trillion is nearly [...]

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What Will the Timeline for the Market Crash Be?

Millions of investors realize that a market crash is coming, they just don’t know when. The “everything bubble” has been building up for years, with prices of assets throughout the economy losing touch with reality and underlying economic fundamentals. And despite more and more negative news coming out of China regarding the coronavirus, stocks remain near all-time highs. When will the bubble burst? There’s a good chance that the prices we’re seeing now are the peak for stock markets. While [...]

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Fed’s Powell: Low Interest Rates Are Here to Stay

In yet more confirmation that monetary policy normalization will never occur, Federal Reserve Chairman Jay Powell stated in his recent testimony before Congress that “low rates are not really a choice anymore.” The mountain of debt incentivized by the past decade of abnormally low interest rates has grown so large that if the Fed were to allow rates to return to market levels, the entire economy would collapse into another financial crisis. The economy may still collapse into crisis, as [...]

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Gold Analysts Predict Higher Prices in 2020

With so many headwinds affecting the world economy, 2020 is looking like it could be a very dangerous year for many investors. Stock markets may have gained 30% last year, but that was only due to the collapse of markets in late 2018. A 30% rise this year would have the Dow Jones pushing 40,000 points, and right now it’s having great difficulty even reaching 30,000 points. The Chinese coronavirus is currently the largest issue affecting the economy, with the [...]

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Are You Eligible to File Your Taxes for Free?

Now that we’re into February, tax season is well underway. W-2s and 1099s have been mailed, and many Americans are feverishly getting their paperwork in order so that they can get their tax refund as soon as possible. Millions of Americans pay tax preparers to do their taxes for them, spending in some cases hundreds of dollars for the service. Others pay to buy tax preparation software so that they can do their taxes on their computers. But many [...]

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Do You Know What the “Buffett Indicator” Is and Why It’s Important?

Stock market investors are notorious for using ratios of various types to determine the proper valuation of a stock. The use of ratios extends to analyses of the overall stock market. And one of the ratios that many investors look at is flashing major warning signals that stock markets are incredibly overvalued and headed for a major downturn. The “Buffett Indicator” is the colloquial term for the ratio of total stock market capitalization to GDP. When that ratio rises to [...]

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