Archives for September, 2013

Thoughts from the Frontline: Rich City, Poor City

  “The future is already here,” intoned William Gibson, one of my favorite cyberpunk science fiction authors, “it’s just not very evenly distributed.” Paraphrasing Gibson, the pension crisis is already here; it’s just not very evenly distributed. For the past two weeks we’ve been exploring the problems of state pension funds. This week we will […]

Read the rest of this entry »

Debt: Still Cheap, and Getting Looser

Suddenly, borrowing and lending is all the rage again. The financial crash was five years ago this fall, and nobody is letting us forget it. According to ex-FDIC Chair Sheila Bair, financial soundness isn’t much improved. She says, “I think our system is still somewhat fragile, a lot more needs to be done.” Indeed. Wall […]

Read the rest of this entry »

Tortoises Win the Retirement Race

The race to the finish line—the time between an empty nest and retirement—is tightening. A major generational shift has taken place, and it’s having a huge impact on when and how we save and plan. Most older baby boomers like myself had children in their 20s and empty nests by age 50. They used that […]

Read the rest of this entry »

New Chinese Exchange-Traded Products Poised to Further Boost Gold Demand

By Justin Spittler, Hard Assets Alliance Analyst After speculation that the US Federal Reserve would rein in its asset-purchasing program earlier than anticipated, Western investors began exiting gold-back exchanged-traded funds (ETFs) in record numbers, highlighted by $8.7 billion in net outflows during April. While the languishing paper-gold market has many declaring the gold trade dead, […]

Read the rest of this entry »

New Chinese Exchange-Traded Products Poised to Further Boost Gold Demand

By Justin Spittler, Hard Assets Alliance Analyst After speculation that the US Federal Reserve would rein in its asset-purchasing program earlier than anticipated, Western investors began exiting gold-back exchanged-traded funds (ETFs) in record numbers, highlighted by $8.7 billion in net outflows during April. While the languishing paper-gold market has many declaring the gold trade dead, […]

Read the rest of this entry »

The Only Legal Way to Escape US Taxes Besides Death and Renunciation

When I hear about strategies that purport to legally allow US citizens to avoid having to pay income taxes, the first thing that usually comes to mind is that it is some sort of dodgy cockamamie scheme. This is because the US government is no slouch when it comes to shaking down its citizens for […]

Read the rest of this entry »

Outside the Box: The Need for a New Economics

  In today’s Outside the Box, my good friend George Gilder, the well-known techno-utopian, attempts with some success to turn economics on its ear. “The economy is not chiefly an incentive system,” he asserts, “it is an information system.” And information, truly understood, is about the introduction of novelty, or “surprise,” into a system. In […]

Read the rest of this entry »

Getting Shocked by Utility Stocks

Retirees’ portfolios need to be defensive, meaning they minimize risk but still have the potential for growth and income. Historically, this meant including a few widow-and-orphan stocks in your retirement portfolio—public utilities with nice dividends. Utilities experience little volatility, their dividends are solid, and the demand for their product is constant, regardless of how well […]

Read the rest of this entry »

How to Make More Money Than a Venture Capitalist

One set of investors has managed to catapult themselves to near-demigod status in recent years, with revelers hanging on their every word. They even have their own TV shows. Yet, with one simple investment, you could make double what they do. Here’s how. In some circles, they’ve become as iconic as Babe Ruth or Ted […]

Read the rest of this entry »

Thoughts from the Frontline: Nothing But Bad Choices

  It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong. – Thomas Sowell With a few exceptions here and there, crises in government funding don’t simply arrive on the doorstep unannounced. Their […]

Read the rest of this entry »

Page 2 of 4:« 1 2 3 4 »
s2Member®