For the first time since the U.S. abandoned the gold standard, physical gold is being reintroduced to the global monetary system in a major way. This massive shift away from the petrodollar could be bad news for the U.S. - but it could be great news for gold owners. Here's why.
Read More »What Is the Dow Jones Industrial Average & How Exactly Does It Work?
Since the DJIA only lists 30 companies, many critics argue that is not an accurate representation of the overall market compared with other more inclusive indexes.
Read More »The Top 10 Countries to Retire In – For Those on a Budget (+4K Views)
Rising costs in the U.S. are driving more people to consider retirement in less expensive locales and the list of potential resting spots is long and varied. International Living compiles annual lists on the best places to hang the retired hat based on things like cost of living, ease of entry, healthcare, insurance and access to amenities, and the Top 10 for 2012 includes some old favorites as well as new picks. [Let's take a look.] Words: 950
Read More »9 Dynamics of Decay That Lead to Economic, Social & Political Collapse (+3K Views)
Placing our faith in failed monetary policies of the past is the height of hubris and complacency. There is a cost to complacency and it's called collapse and, currently, there are 9 dynamics of decay currently in play around the globe.
Read More »Top Banking News/Information/Advice Blogs (+5K Views)
Welcome to Wise Bread's rankings of the top banking blogs.
Read More »Top Retirement Advice Blogs (+4K Views)
Welcome to Wise Bread's rankings of the top retirement advice blogs.
Read More »The NASDAQ-100 – What Is It & How Exactly Does It Work?
The NASDAQ-100 is a selection of the top valued companies within the NASDAQ, ranked by market capitalization...and is heavily weighted towards the tech sector
Read More »Are You Financially Ignorant? Only 30% of Americans Passed This Simple Financial Quiz – Can You? (5K Views)
Do you understand money? Many couldn't pass this simple finance quiz. Can you?
Read More »The U.S. Debt Ceiling Is A Farce & Gold Will Soon Catch Up With the Rising Debt (6K Views)
The debt ceiling is of course a total farce. Why? Because it has been raised 95 times since 1940 and 14 times in this century. As a result, there is now a clear disconnect between the credit expansion and the lagging gold price which will soon be rectified as gold not only catches up with the debt expansion - but overtakes it.
Read More »Is $1,000,000 Enough to Provide for a Successful 30-year Retirement? (+7K Views)
Withdrawing from a $1,000,000 nest egg upon retirement using the familiar 4% rule to generate a successful 30-year inflation-adjusted (3% per annum) retirement proved to be totally inadequate as per the retirement withdrawal strategy that I put forth in a previous article (1). In fact, it crashed and burned in year 25 of the 30-year plan! In fact, as I show in this article, it will only succeed if your portfolio outperforms the S&P 500 by 5% every year for 30 straight years - and what is the likelihood of that? Words: 1533
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