Tag: money
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How People Are Keeping More of Their Money
CHICAGO, April 18, 2019 /PRNewswire/ — Today, with over $4 trillion in consumer debt, less than 20% of people are trying to figure out how to get out of debt. LSI finds that the vast majority are desperately trying to figure out how they can pay all of their bills on time. Missing a payment can be devastating for most…
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Should you hoard cash during election uncertainty?
Is Hoarding Cash The Prudent Move As Market Awaits Election Results? Could cash stuffed into a Mason jar and buried in the back yard be the best investment hedge against the unpredictable future that this year’s presidential election will bring? While no one actually encourages burying money, some financial watchers have suggested that hoarding cash…
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Value of a Diamond in the Rough
Q: I’m having trouble understanding your statement that all value is subjective. I can clearly see how it applies to a diamond, but not to food. Food is necessary for life. Its value seems to be inherent or fundamental to the food itself. But you cannot eat a diamond. Its value is determined by passing…
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Mark Farber is a Real Economist
Q: Mark Farber recently observed that the USA economy based on savings, capital investment and production did well from about 1820 to 1971 and, based on money printing, from 1971 to today, has not done well. Your comments? A: Mark Farber is a real economist and competent wealth manager. He is not a political propagandist…
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How To Be Your Own Economic Quarterback
You Need To Be The Economic MVP Every Year After a lifetime of earning and saving, one might expect a comfortable and financially secure retirement, especially with a reliable financial advisor – right? “Life is rarely that simple or black-and-white and, unfortunately, neither is the financial realm,” says Bryan S. Slovon, founder and CEO of…