Friday , 1 November 2024

Lorimer Wilson

Bank Stock Recommendations Are Only 43% Accurate! Here’s A Ranking

When holding their stock picks for the year, banks were only 43% accurate with their predictions. That’s right! Flipping a coin would have been potentially more effective than buying bank stock picks, which ended up down -4.79% on the year. The S&P 500 finished down only -0.69%. Simply just making any interest in a savings account would have been more effective as well. [This article ranks] the banks, from best to worst, based on accuracy of their calls and also based on the performance of their recommendations.

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Attn. Trump Economic Transition Team! Here’s 9 Necessary – But Distasteful – Proposals to Correct U.S. Economic Problems (+2K Views)

This article presents 9 proposals that I think might actually solve the deficit and debt problems of the U.S., jumpstart its economy, pay for healthcare and other costs, and do so with the least damage to the body politic and economy. I offer these proposals, though, knowing that there will probably not be one person who doesn’t find some of them extremely distasteful - and that includes me. The simple reality, however, is that this is where we find ourselves today: we are left with distasteful choices.

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Retired? Financially Stressed? Here Are Some Ways Out

My parents are more stressed now than ever before as a result of the combination of healthcare costs and income squeezes. The threat of bankruptcy for them is a big one, as is foreclosure on their family home. This has inspired me to write this article (guide) for seniors on how to deal with the financial stress in their lives. I hope you find useful.

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If Trump Truly Wants To Fix the Economy He Should Shut Down the Federal Reserve – Here’s Why

An unelected, unaccountable group of central bankers has far more power over our economy than anyone else does but, with the election of Donald Trump as President, we now have an opportunity to get free from this insidious system because, if he truly wants to fix the economy then shutting down the Federal Reserve would be the thing to do. It would take someone very bold to make such a move so it begs the question, "Is he up to the task?"

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Why Has Gold Dropped? What Does the Future Hold? (+2K Views)

Many people assumed that with Donald Trump winning the election that gold would rocket beyond $1400 yet gold has actually DROPPED since the election. With gold experts and analysts scratching their heads, we offer our opinion on what is going on with gold and how gold investors should position themselves moving forward.

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