Keith Farrell The downing of Malaysian Airlines flight 17 has raised tensions that seemed to be cooling between Vladimir Putin’s Russia and the West. Western leaders have threatened to levy additional sanctions against the Russian economy as finger pointing over the incident continues. The West has joined together to decide just how to punish Russia,…
If there is one thing government is good at it’s spending money. Next time vital services are cut during a shutdown, or government threatens to cut veteran benefits, we thought you could think back on some of these government expenses. When a politician tells you there is nowhere else to cut you will know they’re…
By Keith Farrell 1. Black Market Crime Who wants to keep marijuana illegal more so than almost anyone else? Drug dealers and drug cartels. In fact just legalizing marijuana in two states is having a major financial effect on Mexican cartels. In case you aren’t aware, these cartels are some of the most ruthless, vicious…
The US government has a habit of making poor economic policy decisions and then kicking the proverbial can down the road when it comes to paying for or dealing with the consequences of those policies. Here are four crises waiting to wreak havoc on the US economy if something isn’t done to advert them soon….
We all know how popular competitive sports are. But competition enhances our lives in so many other ways. Here are some ways which humanity’s competitive spirit has enriched your life: 1. Innovation Competition drives innovation, meaning in order to stay ahead of the competition companies need to constantly push the envelope in terms of service…
Photo by Tomitheos Reducing the burden of taxes is one of the best ways people can improve their financial situation, but some methods of avoiding taxes are less legal than others. Here are the most popular techniques that people use to lower their tax bills that can cause them serious legal problem. Not Reporting Tips…
Photo by David Pinkerton Our grandparents knew a lot about money. They survived the Great Depression and then financed concurrent wars against Nazi Germany and imperial Japan. Each generation since then has learned less about money than the generation before it. This has resulted in a truly embarrassing trade deficit, the runaway federal debt, and…
Since 1986, the cost of tuition at American colleges and universities has risen 498.41% — more than four times faster than the rate of inflation during that period (115.06%). The costs of obtaining a degree are escalating out of control and leaving many graduates with student loans which they are unable to repay. Much of…
Selecting a discount brokerage wouldn’t be difficult if there weren’t so many good choices. It is not difficult to make a good choice, but let’s see if we can help you make the best possible choice. Cost of an Online Trade If you are going to make more than a few trades, the costs of…
On the surface, stock trading and investing in stocks appear to be similar activities. They both involve buying shares in publicly traded companies for the purpose of earning money. Hidden beneath the surface, however, are significant differences which can radically affect the value of your portfolio. Timeframes Stock traders tend to hold stocks for no…
The stock market is a marvel of information asymmetry. The total amount of information which can be known regarding any specific stock exceeds the storage capacity of the human brain, therefore any trader will always be operating with partial information. There are simply too many individual pieces of data which can affect a companies share…
Two types of people argue that gold is not an investment: people who love gold and people who hate gold. People who love gold are often referred to as “gold bugs”. Gold bugs argue that gold isn’t an investment, gold is money. To a real gold bug, “paper money” is little more than trash which…