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!
Read More »Global Financial System Terribly Flawed! Here Are 7 Reasons Why
Today’s infographic highlights the seven major flaws of the global financial system, ranging from the lack of basic access to financial services to growing inequality.
Read More »Understanding the Arithmetic of Wealth Is Critical to Increasing Your Wealth
The power of compounding: Use this knowledge to plot your road map to wealth.
Read More »Planning to Sell Your Car? Here Are the Best Ways To Do So
If you are looking to sell your car, it’s good to know what kind of options you have at your disposal. Here are the 6 best ways to do so.
Read More »Mauldin: Is Modern Monetary Theory Just Modern Monetary Madness?
Most of the time when I am talking with my fellow writers and economists, when somebody mentions MMT, everybody smiles, maybe chuckles, and shakes their heads. The problem is, what seems like a joke is actually getting traction.
Read More »The Noah Rule: Build An Ark For A Rainy Day
An alarming number of Americans aren’t saving for retirement. They may have “predicted the rain,” but for whatever reason they haven’t gotten around to “building the ark.”
Read More »7 Ways the Average American Is Worse Off Today (2K Views)
There are many ways that Americans are better off today than in previous decades but here are 7 ways in which the average American consumer is worse off today than in previous decades.
Read More »Following “the 4% Rule” In Retirement Is Mostly Unnecessary – Here’s Why
If you’re planning for retirement, it won’t take long before you come across the 4% safe withdrawal rate which goes something like this:
Read More »Devastating Losses Are Coming: What Is Your Financial Advisor Doing About It?
The equity selloff that began last October is intensifying and threatens financial advisors, MFDA dealers and investors with a high probability of a 50-70% loss of capital and a corresponding loss of income in 2019. What is your advisor doing about it?
Read More »Budgets Don’t Work – Track Your Money Instead to Early Retirement
Budgets don’t work because people can’t stick to them. Reaching financial independence, like dieting, is about being conscious, making changes slowly, setting yourself up for success with measurable and attainable goals and making this your lifestyle.
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