Update on Our View of the Debt Ceiling Debate

The total United States government spending for fiscal year 2011 is budgeted at $3.82 trillion. Of that amount we are borrowing $1.65 trillion in order to be able to pay all of our obligations.  If the debt ceiling is not…

Should we be Worried about the Debt Ceiling?

There has been quite a bit in the news lately regarding the United States government hitting the legal debt limit set at $14.3 trillion.  The Treasury Secretary has sent a letter to Congress warning them that if they fail to…

The Urge to Do Something Different

Many investors have become disillusioned with their investment strategy.  After all, at the end of the 2000s,  most investors were left with less than they started with at the beginning of the decade.  So a desire to do something different…

Extreme Opinions

In the world we live in today, we are inundated with 24 hour news and information from more sources than ever before.  New gadgets and devices continue to roll out to capture our attention with fascinating technologies. Smartphones and other…

The Relationship between Gold and Inflation

Historically, gold has been used as a hedge against inflation.  During the run up in to its peak price in 1980, gold was chasing the inflation rate as investors feared that their purchasing power was going to be destroyed by…

How Did I Do Compared to the Average Investor?

Many illustrations of investment performance calculate the growth of a hypothetical investment from a given starting point. Typically there is a benchmark, such as the S&P 500 index, charted alongside for comparison purposes.  The models show that had you invested a…

Health Care Reform Scams

Watch out for scammers trying to take advantage of the current confusion on the new health care law.  They are banking on folks not knowing enough of the details in order to con them into buying bogus policies.  If you…

A Gold Standard?

The gold standard discussion in the mainstream media over the last year or so has been driven by the extreme measures taken by the Federal Reserve to shore up our banking system during the credit crisis.  Brad Delong, an economics…

Weak Dollar: Good or Bad?

Weak Dollar: Good or bad?

Given current economic conditions, is a weak dollar a good or a bad thing? There are strong opinions on this matter from both sides of the issue.  Paul Krugman, an economics professor at Princeton and a columnist for The NY…

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