One of the things that really frosts me is the financial planning industry that insists on using rules of thumb such as the “set and forget” tools - specifically the 4% and 60-40 rules.
Read More »The U.S. Dollar; Interest Rates; Economic Growth; Inflation Rate – Things Are Going To Get Choppy (+2K Views)
If the dollar keeps rising - which I don't believe it will, or can - U.S. exports will fall and imports will rise, negatively affecting GDP and the trade deficit. Things are going to get choppy.
Read More »Should You Buy A Home Instead Of Paying Rent?
There's a lot of pressure to buy a home instead of paying rent. While there are some very valid financial arguments for homeownership buying a home isn't the best choice for everyone so, in response to all those friends/acquaintances who say, "Why are you renting a home? You should be buying! Don't you know you're just throwing your money away?" here are 8 retorts for those house-shamers in your life.
Read More »What You Need To Know About Your FICO Score (+2K Views)
FICO scores are the most widely used credit scores in the U.S. According to myFICO.com, 90% of the top U.S. lenders access these scores to make important credit decisions. This article presents the 5 factors used to determine your FICO score and where (and at what cost) to get such information.
Read More »8 Types Of Stock Fraud + How To Spot Scams & How To Avoid Them
Claims about guaranteed returns or “can’t miss” opportunities but opportunities that are too good to be true must pass the smell test and, most of the time, if you do your homework, they fail with flying colors. There are many different varieties of stock fraud to recognize, and they all have distinct characteristics that make them unique.
Read More »A Return to Double-Digit Inflation Of 1970s Extremely Unlikely – Here’s Why (+2K Views)
Everyone seems to be preoccupied with rising inflation nowadays. While I agree that inflation will rise over the next 1-3 years, I don’t think it will even reach high-single digit levels. A return to the 1970s’ double-digit inflation is extremely unlikely. [Here's why.]
Read More »Copper Becoming An Even More Vital Ingredient To Human Progress – Here’s Why (+2K Views)
Every year, humans gobble up around 28 million tonnes of the metal in uses mainly related to its electrical properties – and as we transition to a green energy paradigm, copper will be an even more vital ingredient to human progress than it is today.
Read More »What Are the Implications of the Fall In the Gold/Oil Ratio To Below 20-to-1? (+3K Views)
The gold/oil ratio is recognized as a sort of canary in a coal mine, giving advance warning of turbulence ahead and, for the first time in 3 years, the ratio is below 20-to-1 compared to its historical average of 15-to-1. Were it to go above 20-to-1, making gold too expensive or oil too cheap, and we would be in crisis mode.
Read More »Safeguard Your Financial Future; Bolster Your Job Security; Boost Your Potential Income – Here’s How (+2K Views)
There are a number of things you can do to put armor around your finances that won't cost you a lot and there are some simple things that you can do to bolster your job security and boost your potential income. Check out these ways to safeguard your financial future for $200 or less.
Read More »Here’s How To Minimize Precious Metal Volatility & Maximize Portfolio Returns
Today’s infographic comes to us from Neptune-GBX and it showcases the story of each precious metal and, more importantly, it shows why owning them simultaneously is the only way to get exposure to the unique supply and demand drivers behind each of them in the context of the modern market.
Read More »