The average professional athlete in the U.S. will make more in one season than most of us earn in our entire lives yet, despite those staggering salaries, 78% of NFL players, 60% of NBA players and a very large percentage of MLB players file for bankruptcy within five years of retirement. Let's take a look at 5 possible reasons why the average athlete is destined to go (quickly) from fame to shame.
Read More »How Much Are People Spending On Prescription Drugs In Your State? Check It Out
The U.S. has been battling a growing drug use epidemic for several years so how much people are spending on prescription drugs in your state? Let’s take a look at the numbers to get an idea.
Read More »Differences In How Various Age Groups Earn & Spend Their Money
The data visualizations in today’s post come to us from Engaging Data and they use Sankey diagrams to display data from the Bureau of Labor Statistics (BLS) showing differences in how various age groups in America earn and spend their money. By Jeff Desjardins In the most common career trajectory, earlier years coincide with a lower salary as skills and experience grow. …
Read More »Financial Bubbles: Don’t Fall Victim To the Hype Of “the next big thing”
The following infographic details how some of the biggest financial bubbles in history have formed and then burst. Check it out to make sure you don’t fall victim to the hype of “the next big thing.”
Read More »Don’t Fall For the Hype – Reverse Mortgages Are Only For Financial Dummies!!
There may be a case where a reverse mortgage makes sense in very unique circumstances but, in real life, I’ve not seen one yet. If someone you know is considering taking out a reverse mortgage, send them this article and suggest that they get a second opinion.
Read More »Are Taxes Higher In the U.S., Canada Or Britain?
The all-encompassing, deceptively brief infographic presented here by Fortunly includes specific examples of taxes around the world and how different conceptions of taxation are evolving in the digital era. No one enjoys paying taxes, but we hope you will enjoy learning about them here.
Read More »It’s How Many Oz. of Gold You Should Own Not What % of Your Portfolio It Should Be – Here’s Why (+4K Views)
The question of how much gold or silver one should hold is a common one. The answer is usually expressed in terms of portfolio percentages, as in 10 – 20% of one’s investments. Such an answer is without basis. Why is 15%, for example, any better than 100% or 0%?
Read More »Check Your Change! Certain Recent U.S. Coins Are Worth $Thousands (+12K Views)
There are a number of U.S. error coins and die varieties in circulation today worth from $30 to $35,000 because they have small distinguishing characteristics that make them rare and valuable. This article will tell you which of your pocket change coins might be worth a large premium over face value, and why. Words: 1100
Read More »Democratic Socialism vs. Unfettered Capitalism: There is Absolutely NO Comparison
Americans are ignorant about just what democratic socialism really is so here is a comparison of the economics of the avowed social democratic society of Norway and the unfettered capitalism of the U.S. Well, actually, there is NO comparison.
Read More »Bitcoin vs. Gold: Which Is the Better Asset To Own?
Gold and Crypto are both expected to embark on their next bull run and, a disadvantage to owning one asset is often an advantage of owning the other. Therefore, we believe both deserve a place in your portfolio for at least insurance purposes.
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