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 »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 »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 »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 »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
Read More »Recessions ALWAYS Follow Yield Curve Inversions
Economists, investors, and policymakers would do well to take seriously the predictive power of the yield curve.
Read More »Need Help To Produce Portfolio Income Into Your Golden Years? Here’s How
Beyond wishing for interest rates to bounce back to historic highs, what can you do to help your portfolio produce income into your golden years?
Read More »Negative Interest Rates Won’t Happen In the U.S. – Here’s Why
Investors have watched bond yields in Europe and Japan slide below zero into negative territory, and some have wondered: Could it happen here? Although you can never say never when it comes to markets, I believe the odds are slim, for reasons discussed below.
Read More »Differences In How Various Age Groups Earn & Spend Their Money (2K Views)
The data visualizations in today’s post come to us from Engaging Data and they use Sankey diagrams to display data from the Bureau of Labor Statistics (BLS) showing differences in how various age groups in America earn and spend their money. By Jeff Desjardins In the most common career trajectory, earlier years coincide with a lower salary as skills and experience grow. …
Read More »