Whenever we fill up our cars with gas, we have a choice: we can buy “regular,” or we can pay extra (sometimes as much as 30 cents a gallon extra) for “premium” gasoline. Experts say that, for most cars, premium gas doesn’t accomplish anything…
Articles
Cheap Oil Gets Cheaper
The economic news that everybody is talking about lately is the sudden unexpected drop in oil prices. One type of oil, West Texas Intermediate crude, has fallen from over...
Relative Prosperity
You might have read that the U.S. investment markets are jittery on the news that Japan has experienced two consecutive quarters of economic decline—the official definition of a recession. But if you turn the news around…
Election Returns
Now that the midterm elections are safely behind us, a lot of people are wondering how politics will impact their investment returns…
The True Reason the US is running Such a High Budget Deficit
In the October 9th, 2014 issue of Bloomberg Business Week Claire Saddath reveals the rampant abuse of taxpayer’s dollars by federal government employees. In a 2010 Neilson...
IRS Bests Tony Soprano in Shakedowns
In an article published by the NY Times “Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required” written by Shaila Dewan on October 25, 2014, it reported how the IRS had targeted middle class taxpayers and would seize their bank accounts without warning…
Too Big Must Fail
The Dodd-Frank Act (The Act) enacted in 2010 mandated that our regulatory Agencies, Security & Exchange Commission (SEC) , Federal Reserve Bank (FED) and Consumer Financial Protection Bureau (CFPB) force Wall Street to end the risk-taking culture that started in the 1980s and brought the financial system to its knees in 2008…
Lack of Proper Risk Management
When Steven and Paula Bonney took out $115,000 in loans a decade ago to put their two daughters through school, it was more than they ever thought they’d have to borrow. But they expected to be debt-free at this point in their lives…
Planning for Retirement Expenses
When planning for retirement, many retirees believe their expenses will decrease by as much as 20% to 25% as soon as they stop working…
Social Security Changes for 2015
If you are receiving Social Security Benefits now, expect to receive them next year or are paying into Social Security, several changes have just been announced by the Social Security Administration for 2015…
As Stock Market Resembles a Roller Coaster a Long Term Boom Is Being Ignored
It seems that the market quiescence of August and September has once again been replaced by a scary roller Coaster styled October…
Third Quarter Investment Report: Moving Into Choppy Waters
You could say that the markets took a breather in the third quarter of 2014, but you would come to that conclusion only if you looked at the overall returns and ignored the drama of the past 30 days…
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