How Prices Have Changed In the Past 50 Years
Things sure have changed since the good old days… Grandparents tells tales about walking to the diner after school and getting a burger and a milkshake for a nickel. Life was simpler back then. Life was cheaper. It’s easy to forget just have significantly prices have risen over the years. Though inflation plays a large…
Hurricane Sandy Shuts Down Wall Street.
For the first time in recent memory, Wall Street has been shut down by a Hurricane. Periodically we’ll see the stock market closed for blizzard like conditions in the winter but rarely has it ever been shut down for a Hurricane. But this isn’t like any typical storm. Hurricane Sandy, also named FrankenStorm, has been…
Avoiding Fraud
Bernie Madoff has made fraud and the classic Ponzi scheme front page news and brought those those to the forefront of investors mindsets. Truth be told, fraud is ever present and Ponzi schemes occur all the time to all kinds of people. Here are few ideas on how to avoid such schemes and keep your…
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How European Banks are Hurting Your Retirement
If you’ve been following the market recently, you’ve seen a lot of up and downs that the headlines claim are the result of issues and actions in the Eurozone. Maybe you all have the same question I do…what does the Eurozone have to do with stocks in the US? Let’s take a look at the…
Movers and Shakers
There’s a whole lot of shaking going on, and yes, I had to resist very much to not put a great Elvis picture in this post, but that tagline was just too hard to resist. As bad as the pun may be, the story is still true. The markets are all over the place, there…
Venture Capital – the New Sports Book
Are venture capitalists really just another form of bookies and entrepreneurs the mark? While I’m not quite ready to make that argument, there is at least one person who thinks there are some similarities. Here is the exact text: “Venture –funded companies attract talented people by appealing to a lottery mentality. Despite the high risk of…
Personal Finance for Main St
When residents of Main St look for news on how the economy is performed that day, it's often reported in terms of how the "Dow" or the S&P 500 performed that day. So what is the Dow? Ditto for the S&P 500?
