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There is certainly something to be said for being positive and thinking that anything is possible and, as Americans, optimism seems to come naturally for us. When we deny reality and engage in irrational wishful thinking, we are engaging in something called “hopium” - the irrational belief that, despite all evidence to the contrary, things will turn out for the best.

Canada’s housing bubble has been a sight to behold. Home prices only dipped 8% when the US housing market crashed. Then it re-soared. Now, across the country, home prices are 26% higher than they were at the already crazy peak in 2008. In Toronto, they’re 42% higher! There is a major drawback Canada's housing bubble beyond the fact that it will eventually crash with terrible consequences.

According to a new study from the IMF, correlations in general are much more elevated these days than they were before the financial crisis. In other words, there are fewer places to hide in the markets when the markets start tanking. Check out their Global Financial Stability Report that's been described as "not for the faint-hearted." and the red bars in the chart below.

The latest rage is writers saying that the current economic cycle is aging and we had better watch out as the ‘bubble’ will burst soon. NONSENSE. Here's why.

The DOOM & GLOOM pundits are predicting a crash saying that this economic cycle has over-stretched itself - but look again!!!

According to Paris-based asset management giant Natixis, investors believe they need an average annual return of 9.3% - over and above inflation - to cover their costs in retirement, and 80% believe this rather, ahem, optimistic goal is achievable.

For most Americans their biggest worries revolve around 3 major topics: having enough for retirement, paying for college, and paying for medical expenses. The article below looks at the breakdown among different American subgroups from the survey provided by Gallup.

Planning, preparation and a little luck are key ingredients to any successful baseball player's career and the same applies to those of us suiting up for retirement.

Many investors think that we could never have a crash like the melt-down in 2008 but they are wrong. The 2008 Crisis was a stock and investment bank crisis - but it was not THE Crisis. That will happen when the biggest bubble in financial history - the epic Bond bubble - bursts. Let me explain.

For months numerous articles have been posted on this site substantiating why a stock market collapse of epic proportions is in the cards to happen soon. The basis for such a conclusion are based on a diverse perspective that warrants your attention. With your money on the line - your future quality of life at risk - here is your opportunity to be forewarned and do something about it.