Thursday , 28 March 2024

Finance

Bank Stock Recommendations Are Only 43% Accurate! Here’s A Ranking

When holding their stock picks for the year, banks were only 43% accurate with their predictions. That’s right! Flipping a coin would have been potentially more effective than buying bank stock picks, which ended up down -4.79% on the year. The S&P 500 finished down only -0.69%. Simply just making any interest in a savings account would have been more effective as well. [This article ranks] the banks, from best to worst, based on accuracy of their calls and also based on the performance of their recommendations.

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Retired? Financially Stressed? Here Are Some Ways Out

My parents are more stressed now than ever before as a result of the combination of healthcare costs and income squeezes. The threat of bankruptcy for them is a big one, as is foreclosure on their family home. This has inspired me to write this article (guide) for seniors on how to deal with the financial stress in their lives. I hope you find useful.

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If Trump Truly Wants To Fix the Economy He Should Shut Down the Federal Reserve – Here’s Why

An unelected, unaccountable group of central bankers has far more power over our economy than anyone else does but, with the election of Donald Trump as President, we now have an opportunity to get free from this insidious system because, if he truly wants to fix the economy then shutting down the Federal Reserve would be the thing to do. It would take someone very bold to make such a move so it begs the question, "Is he up to the task?"

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