The big debate now in the U.S. and Europe is whether to reign in spending to cut deficits versus continuing to spend heavily to promote economic growth. At some point the economy reaches an amount of debt where each marginal increase of debt has less and less of an effect on GDP. When this is [...]
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Monthly Archives: June 2010
The Paradox Of Success
When you consider the avenues for achieving personal wealth or financial independence, it’s rare that a few million dollars are just going to drop in your lap. Even if it does, it can “poof” slip through your hands if you aren’t careful. Money success rewards those who prepare and expect it. But like any relationship, [...]
Wall Street Has Tough Job Restoring Investor Trust: Panel
When Bernie Madoff went down it was learned that Harry Markopolos had been tailing Madoff for years, since 2001. Markopolos when asked investigate Madoff said it took him about 15 minutes to realize Madoff was a complete scam. Markopolos brought the SEC Madoff on a silver platter. Their response? This is too much information to [...]
AN OVERVIEW OF THE WORLD OF FOREIGN EXCHANGE TRADING
One of the most popular investment vehicles to gain traction in our electronic world over the past decade has been foreign exchange trading. The Internet has been the enabler, and countless forex brokers have come forward to give you access, train you, and unleash you onto the world’s largest market. Estimated at over $2.5 trillion [...]
Outliving Savings Feared More Than Death
It’s human nature to avoid things we don’t understand. Then, there are those things we can’t avoid in life like the ending of a relationship, public speaking or learning how to use a computer. As the article below shows, people will go to great lengths to avoid these things, when inevitably, they need to be [...]
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