Oct 23, 2012
Those who spend all their money on frivolities and knickknacks now will have to keep working for the rest of their lives. Those who live more within their means, save money and invest it carefully, will be rich (or at least not broke).
Oct 16, 2012
Although the fiscal cliff might have a big impact on the markets, it’s a step closer to the reality that governments must spend at least somewhat within their means.
Oct 9, 2012
Every day, investors are saturated with stories warning of a slowing global economy. The biggest culprit is China, which faces a slowdown and might “only” grow 4 to 5 percent this year.
Oct 2, 2012
The U.S. Department of Education reported on Friday that 13.4 percent of student loans are in default. That’s $122 billion of the $914 billion in student loans due to the government.
Sep 25, 2012
After months of delaying, the central bank announced a third round of quantitative easing (QE). Now that everyone and their mother has had a chance to pontificate on the ramifications of this policy, let’s take a look at how it’s already affected markets.
Sep 18, 2012
The government is taxing companies that don’t make any money to pay for teachers who don’t teach. What a waste.
Sep 11, 2012
In investing, go where the bargains are. With markets at their highest levels since before the 2008 crash, with gas prices perking back up to $4 a gallon and with gold surging back over $1,700 an ounce, the bargains are certainly tough to find.
Sep 4, 2012
On Friday, the markets quickly gyrated after Federal Reserve Chairman Ben Bernanke's key speech at the Federal Reserve’s meeting in Jackson Hole, Wyo.