If you're at all interested in money, you probably know that there are a bunch of U. S. notes and coins that nobody uses anymore. The whys and wherefores of this "forgotten" money makes for an interesting history.
Read More »How Much Do I Need To Retire? (+2K Views)
There are all sorts of rules of thumb about saving for retirement but, while they can be helpful as a baseline for setting expectations, you need to make a plan and monitor your progress as you age to be effective in the real world.
Read More »7 Ways To Catch Up On Savings For Retirement (+2K Views)
With longer life spans, inflation, and increasing health care costs, it's possible that many retirees won't have enough to comfortably sustain their retirements. Here are 7 smart moves that will help you catch up on savings even late in the game.
Read More »Study Shows Student Debt Delays Home Buying by Seven Years (+2K Views)
The Student Loan Debt and Housing Report 2017 by the National Association of Realtors and the nonprofit group American Student Assistance shows the obvious: Student debt delays household formation, home buying, and saving. [Here are the details summarized for a fast and easy read].
Read More »Retirement Has Become A Myth For the Majority – Here’s Why (+2K Views)
40 years ago, a grand experiment was embarked upon that promised American workers that by contributing to newly introduced defined contribution vehicles they would be better off when they reached retirement age. That raises a simple but very important question: How have things worked out? Well, the bottom line is that the vehicles and the promises made are proving woefully insufficient to fund the "retirement" dream you've been sold your whole life. Frankly put: retirement is now a myth for the majority.
Read More »Wealth 101: A Crash Introduction To Investing
Investing is about taking advantage of higher rates of return and benefiting from the power of compound interest over long periods of time. It’s also about finding the best ways to mitigate the risk via diversification, being patient, etc. Today's infographic outlines the difference between saving and investing, and provides some basic tips on how to get started in the market.
Read More »20 Ways to Increase Your Savings and Retire Rich
Daydreaming about retirement is easy, but saving for it, however, takes time and effort — and is something a lot of Americans struggle with - but there are strategies that can help make the process easier. Here are 20 ways to pad your bank account before it's time to retire.
Read More »Soccer’s World Cup Is Made Of 18 Karat Gold – How Much Is It Worth?
...The World Cup trophy is legendary. It is one of the oldest international sporting competitions..., established in 1930, and remains one of the most popular sporting competitions in the world. Over 3 billion people are expected to watch at least one minute of the tournament and nearly a billion people are expected to watch at least one minute of the final in Russia...How much does it weigh and what is its worth in gold?
Read More »Many U.S. States Are Woefully Unprepared For The Next Recession
The Wall Street Journal writes that "many US states have been slow to improve their finances nine years into the economic expansion raising a risk they won't be prepared when another downturn hits, making them susceptible to big spending cuts that make the next recession worse".
Read More »This Indicator Is A Remarkably Accurate Warning Indicator For Economic & Market Peril (2K Views)
Would you have appreciated a single number that could have given you a clear and unmistakable warning before the tech stock bubble collapsed? How about an unequivocal mathematical warning in 2006 that major financial trouble was on the way, well before the problems of 2007 and 2008? Well, while these warnings (called yield curve inversions) are quite uncommon, having occurred only three times in the last 35 years- followed relatively quickly by a recession - but are back in the news again, because we just may be nearing another inversion.
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