Sometimes there’s no way to put a happy spin on the economic news and this is one of those times. The Royal Bank of Scotland issued this simple assessment of …
investing
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    I’m not sure why people wait for the end of the year to make resolutions; the time to make a resolution is the moment you realize there’s a problem. Be … 
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    For much of the most productive era in American history the middle class was the dominant force in the country. The nation was so aligned along that center of the … 
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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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    Owning a home is the American dream and, no matter how bad of a deal it becomes, people are still fixated on it. People who are wise with money every … 
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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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    It shouldn’t come as a surprise that only about 10% of the U.S. population can pass a financial literacy test when only five states get an A on teaching young … 
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    It was not at all surprising to me to find out that 61% of Americans are financially illiterate. Some states are worse than others and it should come as little … 
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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 …