The Case for Gold: If you trust in central bankers and in the money promise of politicians, left or right, you can stop reading. But if you have your doubts, there is an alternative to fiat currencies.
Gold is the ultimate anti-paper money. That’s because owning it represents a vote of no confidence in modern paper currencies—called fiat money. The latter are backed by nothing but the promises of governments not to debase money. Gold is an effective way of hedging against the periodic disasters that have occurred in American economic history…
Maybe You Won’t Retire to Florida: Many retirees use an exotic new cost-effective option to make their retirement years golden
Getting out of the country is taking on a new meaning for millions of Americans. That’s because some of them are finding out that they have undersaved for retirement and have run out of years to save. So, they increasingly opt for an outside the border solution. It is highly unusual, but it could make…
A Money Manager Warns Bad Times Are Ahead: Should you prepare for the worst?
A market crash is coming, fiat currencies are doomed and many of the criticisms you have heard of cyber money are wrong. And the United States’ economic policies are putting it on the road to a Weimar Republic or another Zimbabwe. Those were among the startling assertions recently offered by hedge fund manager and executive…
Are You One of the Many People Destroying Yourself and Throwing Away Some $1,300 a Year?: Is it a lack of MoneySense or a lack of spending discipline or a lack of money education?
In baseball and other competitive sports often the victory goes not to the most talented, but to those who minimize mistakes. Sure, everyone makes mistakes. But the winners often avoid or minimize stupid mistakes; the avoidable ones that leave you angry with yourself. The same is true in personal finance. If you don’t self-destruct, if…
The Dull Subject That Can Save Your Life
The following is a chapter from our book, MoneySense, which is available from Amazon. “I don‘t know how much I‘m paying for various things. I don‘t know how much interest I‘m paying on my credit cards. I don‘t want to know what I‘m paying for all these things. And Judas Priest! How did I run…
I Can’t Retire This Year: What Do I Do? The possible answer to insufficient savings, retire a little later.
Someone is a decade or less from retirement. He or she wants to retire at age 62 but lacks sufficient resources. This is a problem many people are facing and they bring the problem to advisors. “I’ve had clients who had the retirement bug and I had to tread very carefully with them. Sometimes clients…
