, , , ,

More Sellers Than Buyers?

Quick answer this question:  What happens to the price of something if there are more sellers than buyers? I know that was a simple question, but I wanted to have that as a foundation for this post. Several years ago I read the book;…
, , ,

Cash Is For Criminals?

You read that right.  That is not a tongue and cheek question but rather a reactionary question to a recent article published by ABC Australia entitled; "Cash is for Criminals: Why we should scrap big notes."   According to an economics professor…
, ,

Whole Life Insurance, an asset class for general public and for your Portfolio.

I recently came across and interesting interview from CNBC.  You can go watch the interview here. The interview had many good points the least of which was the title of this article;   Whole life insur­ance is a safe asset that should be…
, ,

Want to Reduce Risk? Get CONTROL!

No investment is without risk, and at the foundation of any good strategy you’ll find the mitigation of risk. The traditional way to mitigate risk in an investment portfolio is with the theory of asset allocation and diversification. For…
, ,

Advice From A Self-made Millionaire

After graduating from college, Grant Cardone was broke and swimming in $40,000 of student debt, he writes in his new book, "Be Obsessed Or Be Average."  Yet by the time he reached 30, he'd made his first million. Since then, the 58-year-old…
, ,

Social Security Administration Giving Bad Advice

The Government Accountability Office has discovered in an overwhelming number of cases the Social Security Administration (SSA) is give out bad advice.  In other words, when you go to your Social Security office it is highly probable that you…
, ,

Outlaw Short Selling?

The European banks are in much worse shape than their US competition.  Deutsche Bank seems to be in the worst shape and has been in the news a lot lately. The reason being argued in Europe is that the US government imposed a ban on speculation…
, , ,

The Most Important Question You Should Answer About YOUR money

There is a lot of talk and much advice from financial advisors and "certified" planners to put your money in tax deferred accounts.  The prediction behind this advice is that you will be in a lower tax bracket when you retire and access the…
, , , ,

BOLI Continues to Increase

Why do Banks own life insurance or commonly referred to by the acronym BOLI (bank owned life insurance)?  According to banking rules, banks must keep a certain amount of tier one capital to protect them against failing. Tier one capital is…
tax bag 401k
, , ,

Your 401k Has Been Taxed 50% & You Didn’t Even Know It

Imagine you hear a politician proposing an immediate 50% tax on the income from your 401k? The proposal stipulated that tax has to be paid now, regardless of where you are in the retirement process. What would be your response? Once you…