It wasn’t that many years ago that, if you were a middle class American, you could look forward to a pretty comfortable retirement. Years ago you’d have a pension supplemented …
"rising inflation"
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Six million homeowners in the U.S. owed more money than their house was worth in Q4 of 2015 and, in the bizarro world of modern economics, that’s the good news. …
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One in four. That’s how many Americans are one accident, one illness or one bit of financial bad luck away from disaster. That bad news comes in spite of an …
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One of the biggest myths in modern finance is that your home is an investment. Nothing could be further from the truth yet, every single day, Americans stretch to buy …
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You can’t see inflation and, in the last few decades, you haven’t even been able to feel it. That’s because inflation is an expert at camouflage. Inflation knows how to …
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It looks as though we’re going to need to modify the old saying about the rich getting richer to the rich are paying off debt while the poor are racking …
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Not all mistakes are created equal. There are some mistakes that will cripple your finances for decades and leave you with less money in retirement. Since we’re human beings, it’s …
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Anyone alive back in the 1970s remembers the term “stagflation” that went around a lot in those days. Stagflation was basically an amalgam of the unemployment rate, plus the inflation …
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Yes, the double digit stock market increase gravy train is over, probably for a long time. What we’ll see instead are years of returns that are normal to slightly below …
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The commodity in shortest supply in the world today is time. People are spending more time at work and more time sitting in traffic trying to get there and back. …