Thursday , 9 April 2020


Personal Finance

Protect Yourself From A Future Windfall Profits Tax On Gold – Here’s How (+2K Views)

Many have speculated that the U.S. government could once again turn to gold confiscation/nationalization if it became desperate enough. These fears are not unfounded given the abysmal financial situation of the U.S. government that only continues to get worse, coupled with a total lack of political will to cut spending but would the U.S. government really turn to a 1933-style grab again? I would argue that they wouldn’t, but that doesn’t mean the threat to your gold has diminished. Quite the opposite. [This articles identifies what they might well do.]

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10 Drastic – But Doable – Ways To Get Out Of Debt Quickly (+3K Views)

When people talk about getting their personal finances in order, they usually try to find relatively pain-free and low-cost ways to reduce debt and increase savings but this is a long-term approach which some people just cannot "afford". For them it may be worthwhile to consider taking the hard way out of debt. Let me explain.

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Who Are the ‘Greater Fools” Now? (+3K Views)

Many households, financial and non-financial firms and government, may well spend the next decade in debtor’s prison having to tighten their belts to pay for the losses inflicted by a decade of reckless leverage, over-consumption and risk taking. What fools we have been for living beyond our means all these years and taking no fiscal responsibility for our future well-being in the false hope that there always would be a ‘greater fool’ out there than us. Words: 1230

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Consider Moving Abroad to Reduce Living Costs – Here’s Where (+4K Views)

Moving abroad may seem far-fetched, but it’s worthwhile to at least consider it as an option in your financial journey. A foreign country with a low cost of living could save you money while also providing fascinating cultural experiences and adventures...Let’s take a look at some of the differences in income and spending around the world.

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