I just started watching the State of the Union address on Youtube and was immediately sickened. I guess I should tell you that I've been physically ill since last weekend, but Obama's speech isn't helping. It was way too reminiscent of the scenes in the book (or movie) 1984 where the public is … [Read more...] about The Hidden Meaning Behind the State of the Union Address
wealth
Entrepreneurs Pursue Business Start-Ups Even in Bad Times
Poor economic times are not dampening the desire for entrepreneurs to start their own business. A study recently showed that there's little change in the number of U.S. business start-ups in good or bad times. With more people out of work, many are deciding to start their own company, instead of … [Read more...] about Entrepreneurs Pursue Business Start-Ups Even in Bad Times
Hyperinflation Making Preserving Wealth Uphill Battle
2009 is marked as the year hundreds of billions of American taxpayer dollars bailed out poor Wall Street’s big banks, only to see those same banks hit record profits by the end of the year, and much of the bailout money completely lost—never to be repaid, according to a recent report by the TARP … [Read more...] about Hyperinflation Making Preserving Wealth Uphill Battle
Think you’re too old to get in on alternative investments? Think again
Mature investors close to retirement age are likely kicking themselves wishing they had pulled their money out of the market while they had the chance. But too often these investors were told to “stay the course” and that “the market will come back.” Truth be told, no one knows for sure what the … [Read more...] about Think you’re too old to get in on alternative investments? Think again
Young investors can afford to play it safe when it comes to investing
[Post contributed by reformedinvestor] I recently learned that I may have been given bad investment advice. I’m 32 now but I started working with a financial advisor when I was 26 years old. At the time the stock market was the way to go. If you weren’t invested in the stock market you were … [Read more...] about Young investors can afford to play it safe when it comes to investing
Could Obama's Stimulus Really Work?
Our economy is 70% consumerism. That means it is mostly based on individuals buying stuff. So the current setup of our economy holds two basic facts: Individuals buying more stuff than they can afford to buy (based on their income) has a net effect that is good for the economy. When individuals … [Read more...] about Could Obama's Stimulus Really Work?
Tool for Battling Coming Inflation
If you've been following my blog, you know that I take great interest in understanding money. Why every single human who uses money on a regular basis doesn't also share this interest is beyond me. With trillions of dollars created by actions of Congress, the Federal Reserve, and the Treasury … [Read more...] about Tool for Battling Coming Inflation
I am thankful for…
...our current circumstances. Rather than ignore the current economic problems, I choose to acknowledge this elephant in the living room during our Thanksgiving holiday. We are bombarded with headlines like "What will fix our economic problems?" It is absolutely silly. The recession is the solution … [Read more...] about I am thankful for…