The Real Value of Cash
Submitted by Lance Roberts via STA Wealth Management, This brings to mind a call I had on the radio show recently discussing his advisor’s reluctance to hold cash. The argument against holding cash goes this way: “If you hold cash you lose value over time to inflation.” This is a true statement if you hold cash […]
John Bogle says you won’t make much money from stocks
By John Coumarianos Published: Nov 5, 2015 5:01 a.m. ET Marketwatch.com Vanguard Group founder sees 4% annualized return for U.S. market John Bogle finally has it right about stocks. Bogle, the legendary founder of mutual-fund giant Vanguard Group, and a staunch defender of index funds, said in a recent interview with Morningstar’s personal finance editor […]
This picture, printed in 1912, pretty much sums up our economic system today…..
The Federal Reserve sucks everything dry and gives it to Wall Street. Yup, nothing has changed in 103 years….
Most Americans have less than $1,000 in savings
By Quentin Fottrell Published: Oct 6, 2015 5:00 a.m. ET marketwatch.com And over 20% don’t even have a savings account. For the majority of Americans, these are empty. Americans are living right on the edge — at least when it comes to financial planning. Approximately 62% of Americans have less than $1,000 in their savings […]
Meet Your “Independent” Media, America
Submitted by Tyler Durden on 10/02/2015 16:30 -0400 zerohedge.com
Crisis Investing: How 14 Different Asset Classes Performed in Times of Distress
JEFF DESJARDINS on July 8, 2015 at 5:03 pm 1994: SURPRISE RATE HIKE In 1994, the economy was recovering from a significant recession and treasury yields started to rise from the lows of the previous year. The Fed and Alan Greenspan surprised markets by tightening monetary policy with the first rate hike in five years. […]
103 Years Later, Wall Street Turned Out Just As One Man Predicted
Submitted by Tyler Durden on 06/07/2015 17:54 -0400 zerohedge.com In 1910, three years before the US Federal Reserve was founded, Senator Nelson Aldrich, Frank Vanderlip of National City (Citibank), Henry Davison of Morgan Bank, and Paul Warburg of the Kuhn, Loeb Investment House met secretly at Jekyll Island in Georgia to formulate a plan for […]
$500 Million Asking Price For LA Mansion
Submitted by Daniel Drew via Dark-Bid.com, Just when you thought you had seen it all, Nile Niami pulls another mansion out of his hat. The film producer and speculative real estate developer announced the asking price for the mansion he is building on a hill in Bel Air, the location where the memorable Fresh Prince […]
Inflation Tsunami everywhere…… ART
This Is What $800 Million In Ten Pieces Of Art Looks Like Submitted by Tyler Durden on 05/14/2015 14:30 -0400 zerohedge.com On Monday, Picasso’s Women of Algiers (Version O), set an auction house record when it sold for $179,365,000, including the house’s premium, prompting us to remark that if you were looking for signs of […]
Meet The Secretive Group That Runs The World
Over the centuries there have been many stories, some based on loose facts, others based on hearsay, conjecture, speculation and outright lies, about groups of people who “control the world.” Some of these are partially accurate, others are wildly hyperbolic, but when it comes to the historic record, nothing comes closer to the stereotypical, secretive […]