The only way to guarantee a sound financial future for yourself and your loved ones is to save and invest. Only through disciplined saving and smart investment choices can you put your money to work for you to build your wealth and ensure financial security. But with thousands of possible investment choices out there, how […]
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Few people probably remember the initial origin of the 2008 financial crisis, but it started in 2007 when a business unit of Bear Stearns began to see a little bit of difficulty. It was a result of the collapse of the housing bubble, compounded by securitization of mortgages and excessive use of large amounts of […]
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There are many reasons for people to invest in gold, and those with the money to treat Wall Street like their personal casino certainly have different reasons than most of us ordinary investors. But just because their reasoning may be a little different than ours doesn’t mean their conclusions aren’t the same or that their […]
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Bitcoin and other cryptocurrencies may have made great gains over the past few years, but just because they’re new technologies doesn’t mean that investors are exempt from paying taxes on their gains. However investors still lack certainty on many of the tax ramifications of various cryptocurrency transactions. Aside from a single document in 2014 stating […]
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The news that two tanker ships were attacked in the Gulf of Oman last week shocked the world. Oil prices immediately spiked 4% in the aftermath of the attacks, as the possibility of further attacks on commercial shipping in that area could have drastic effects on the ability of oil producers to get their products […]
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Most of us expect that the contents of our emails will be safe from prying eyes. Yes, we may realize that the government is trying to swoop them up and archive them, but we expect our email providers not to browse through our emails. But that may not always be the case. Recent news reports […]
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While the gold standard may have offered unprecedented monetary stability to the world, for much of history most countries in the world were actually on silver standards. China was a silver standard country for most of its history, as as were Spain and its colonies, the United States, and most continental European countries. And a […]
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If you’re saving and investing, it’s probably for a reason. For most people that means saving for retirement. And that requires a long time horizon and a great deal of discipline. It also leads to a great deal of uncertainty, as the 30-40 years or more of saving and investing will almost necessarily mean that […]
Continue ReadingMake no mistake about it. The underlying purpose of this legislation is a cash grab. More people paying more fees regardless of any actual benefit to them. Under the guise of helping more Americans achieve their dream of retirement, Congress is looking to pass new legislation to make changes to the retirement system. That means […]
Continue ReadingConfidence in the absolute efficacy of Fed intervention breeds complacency, which is the essential backdrop of stock market crashes. Crashes don’t arise from a skittish herd, they arise from a complacent herd. So far the herd has been religiously buying the dip. But as with any herd, that behavior can flip in an instant. Once […]
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