March 27, 20220Comments

MoneySense, Chapter 23: Chasing the Hot Fund: How the average, fickle, investor fails

That hot fund you just bragged about buying is unlikely to continue doing well. Indeed, we saw in the last chapter the sad record of the long-gone American Heritage Fund.

by Gregory Bresiger

Personal Finance

March 15, 20220Comments

The Big Apple’s Finances Are Rancid, Accounting Group Contends: Are the books balanced in New York City and in other big cities? A difference of accounting philosophy.

New York City government, says financial watchdog Truth in Accounting (TIA), is a money mess. Its finances are the most troubled in America, TIA charges, although dozens of other big

by Gregory Bresiger

Personal Finance

March 12, 20220Comments

The National Debt Debate Continues or Doesn’t: Debates about the numbers and the consequences of red ink. Mainstream media, critics contend, is nowhere to be found.

The $30 trillion U.S. government debt is a phony number, critics claim. It’s three or four times that, they say. Persistently high deficits and debts, they add, cause high inflation

by Gregory Bresiger

Personal Finance

March 6, 20220Comments

MoneySense, Chapter 22: The Secret Sauce of Investing

Henry Blodget is a former Merrill broker and one of the sleaziest market players in history. Yet he later wrote a very useful book on investing. He has a recommendation

by Gregory Bresiger

Personal Finance

March 6, 20220Comments

MoneySense, Chapter 21: Where to Invest and How

“To catch a thief, appoint a thief.” This is a comment supposedly attributed to President Franklin Delano Roosevelt when he appointed Joseph Kennedy as the first head of the

by Gregory Bresiger