Monday , 17 June 2019


Finance

Welcome to the New Retirement Model – NO Retirement! Here’s Why (+3K Views)

Welcome to the new model of retirement. No retirement. In 1983 sixty two percent (62%) of American workers had some kind of defined-benefit plan. Today less than 20% have access to a plan. The majority of retired Americans largely rely on Social Security as their de facto retirement plan [and the 35 and younger cohort are not able to save, or save enough, to eventually retire. True retirement is now a thing of the past except for a privileged few. Let me support this claim.] Words: 1091

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The 10 Strongest Banks In the World Are…. (+3K Views)

Below is a list of the 10 strongest banks around the world according to Bloomberg Markets magazine. One country has 4 such banks. Another has 3. Then there are three countries with one bank each in the top ten. Guess which countries are on the list and with the strongest banking systems overall?

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Average American Can’t Afford To Own A House – Here’s Why (+2K Views)

Regular home buyers are wondering why they are unable to partake in the American Dream of owning a home now that they actually have to document their income and put some skin in the game. The reason is that the current median selling price of $201,000 puts real estate out of reach for most Americans earning the typical $50,000 a year unless they go into massive levels of debt. They are too broke to own a home!

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