For the first 400 years of our economic history inflation was benign at under one percent and then suddenly in the last 100 years it jumped dramatically. What caused the sudden and abrupt change in inflation? Simple – the Federal Reserve bank was established. Why should you care? Again simple, because inflation changes everything…
6 Steps To Recover From Financial Disaster
If you’re suffering from a serious financial setback recently don’t worry – you’re not alone and there is a solution. In fact, your path to recovery and prosperity is well worn with proven action steps. So let’s get started with the six steps you need to recover from financial disaster…
Bank Bailouts Are Wrong
Let me be clear – this asset deflation will not end until asset values decline to the point that their cash flows support valuations. This is basic investing and economics. Any governmental attempt to reinflate values by incurring debt on behalf of the taxpayer is a waste of your money. It is merely tranfering value from you (who never benefited from the speculative excesses) to bank bondholders and corporate shareholders. It is economically foolish and morally wrong…
How To Get Financial Advice You Can Trust
Let’s face it. There is no shortage of financial advice. It seems everywhere you turn there is another financial expert. The newspapers, magazines, television and internet are filled with financial advice. Unfortunately, most of it is dangerous half-truths. How do you sort quality financial advice from the garbage? How do you separate fact from fiction?
Tragically Entertaining Interview
If you are as frustrated as I am with the government bailout of Wall Street that sends good money after bad and burdens you, me, and our children (taxpayers) with horrific debt, then you will love this interview. It shows the clear separation between how financial experts view the government bailout policy and how the media spins the whole process…
Michael Lewitt On The Global Financial Crisis
This is the third and final installment in our series on the global financial crisis. Although this won’t be the last word on this subject it is the last post in this series. I found this article by Michael Lewitt particularly interesting because…
John Hussman On The Global Financial Crisis
This week I will be offering up two more posts on the global financial crisis. Why? Because it is critically important to your wealth and financial future to understand what is going on. It’s also timely because after months of confusion the high quality writers are finally wrapping their heads around the problem to provide worthwhile insights…
Jim Rogers On The Global Financial Crisis
Jim Rogers is always worth a listen and his latest interview on CNBC is no disappointment. He delivers a rant about our government’s handling of the financial crisis that speaks my mind clearly. I believe the government is exchanging a bad case of the flu for early stage terminal cancer through their mishandling of the crisis and Jimmy seems to share that viewpoint. The link to the interview published on businessweek.com is here…
Current Economic Crisis – Insights
Barrons published an unusually informative interview last weekend on the current economic crisis with Ray Dalio of Bridgewater Associates. His thoughts are worth knowing because they are not only well grounded in relevant economic history but his conclusions about where we go from here haven’t made it to the mainstream (yet)…
Global Financial Crisis – What’s Next?
Is the global financial crisis over? Are we halfway through? Are happier times around the corner or do we go deeper into the economic morass before we start rising again? The answer to that question will literally make or break your personal fortune. Well grasshopper, let me gaze into my crystal ball and divine the future for you…
Wealth Building Articles
Financial Advice Articles
Can You Pass This Money Test?
Free Financial Calculators
Let’s Connect!