The prime rate is the best interest rate that major banks extend to their borrowers with the best credit. Find out how the prime interest rate affects you.
Read More »$100,000 Is Enough for a Great Retirement In These 10 Countries
Here are 10 places where you could retire on less than $100,000.
Read More »Which Country Has the Highest House Price-to-Income Ratio? (+8K Views)
Canadian home prices have been growing at a breakneck speed, and incomes aren’t even close to keeping up. Organisation for Economic Co-operation and Development (OECD) numbers show Canada topped the house price-to-income index.
Read More »These 39 States Don’t Have Enough Money To Pay Their Bills
The 11th annual Financial State of the States report, a nationwide analysis of the most recent state government financial information - completed prior to the coronavirus pandemic - has just been released and it found that 39 states did not have enough money to pay all of their bills.
Read More »Secure Your Retirement Starting Now – Here’s How (+4K Views)
With people living longer and spending as much as 30 years in retirement, if you want to maintain a moderate standard of living, it is essential to plan your retirement well in advance to secure your golden years. This article outlines 6 ways to do just that. Words: 665
Read More »Here’s How To Set Up A Risk Averse Retirement Plan (+3K Views)
One of the most difficult challenges of transitioning to retirement from the working world is a complete change in mindset with regards to an investment portfolio. You go from being a saver to a spender. There’s no future income or nearly as much time to soften the blow from bear markets. Growth is still necessary but you have to be cognizant of the fact that you’ll need to protect some of your assets for spending purposes. Here's an interesting case study in how to approach this change in mindset.
Read More »How To Build A Truly Diversified Portfolio
Building a portfolio to withstand the storms of life means understanding even a portfolio of the most reliable and sturdy securities will take hits along the way and diversification allows your portfolio to keep moving forward.
Read More »Debt Default Only Way Out For U.S.
The next downward move in stocks will have central banks running to the rescue. Virtually every country will need to go negative with interest rates which will set off a chain of events that will change the world and the global financial systems. Here’s the playbook on how I believe this will all play out:
Read More »A Debt Jubilee: It Sounds Like A Good Idea BUT…
Americans, and governments across the world, have more debt than they can ever hope to repay and that's why a number of public figures are suggesting a radical and ancient solution; a debt jubilee...
Read More »10 Signs You Have A Bad Financial Advisor (+5K Views)
There are two kinds of bad investment advisors: well-meaning advisors without the wherewithal to keep up with the science of the fast-evolving profession, and those whose main focus is not on managing their clients’ assets well, but on gathering assets under management in order to grow their own practices. How do you tell if you’re sitting across from either one of these types of bad advisors in an industry that lacks transparency? [Well, I have done just that with a list of 10 signs that you are working with a bad investment advisor.] Words: 1467
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