In my previous article, Why You Should Live Off 50-75% of Your Income, I made a point that I should have expanded on. When discussing what economic indicators I thought were meaningless, I said: "The fall in the unemployment rate doesn’t mean much to me either. The high-paying manufacturing jobs …
What Kind of Returns Can I Expect When Planning for Retirement?
Even with all of the drama the financial markets have seen recently, 2012 has been an exceptional year. You have most likely received your monthly statements along with your credit card offers in the mail, and you haven't had to question anything. Most people will look at their most recent balance …
Your Attention Will Soon Shift from The Fiscal Cliff to The Debt Ceiling
If you're ready to gouge your eyes and plug your ears because of the "looooming" Fiscal Cliff, Brace Yo'self! because shit is about to get worse. I'm confident that the elephants and donkeys running this country will soon agree to a mutually-acceptable solution. Maybe "solution" is the wrong …
Why You Need to Start Living Off 50-75% of Your Income
Have you listened to the news recently? If answered “yes,” you have probably noticed 3 underlying trends: 1. The economy is improving 2. The economy will get worse IF we don’t “solve” the Fiscal Cliff 3. The price of Milk is about to soar I’m sure there are a few trends …
I’m More Interested in Your Personal Savings Rate than the Interest Rate on Your Personal Savings!
That's a tongue-twister, huh? Whereas how much wood a wood-chuck can chuck is useless to debate, I can promise you that my title is extremely helpful. Where's The Best Place To Put My Money? This is a question I get 25 times each week. While exhaustive to answer, the question itself never …
Where Will You Be When The Bond Bubble Bursts?
I REALLY wanted to title this article "Bonds Have More Fund," but Google Search Results matter more than my play on words. Whether you choose to read this article in it's entirety or just skim through briefly, there is one thing I want you to take away. I want you to know that: There is a …
What’s a Moral Hazard?
If you've taken any Economic Theory classes in College (or University for you Canadians), you're certainly familiar with the term "Moral Hazard." If you haven't, I'll quickly define it and give you 3 recent examples in less than 500 words. I know most of you are busy this holiday …