Jan 15 2009

Fiscal Situation of 50 States: Combined Budget Gaps Estimated at $350 Billon for 2010 and 2011.

It is simply stunning that 44 states are facing shortfalls either for this fiscal year, or will come up short in 2010 or 2011.  This puts virtually the entire country in a difficult financial situation.  It is hard to understand how the media feels that the federal government is somehow better able to get money […]

Dec 31 2008

Housing Bubble Genesis: 5 Reasons that Didn’t Cause the Housing Bubble and 5 Reasons that did.

There is a danger in having power.  Credit at least many decades ago was seen almost as an extension of the morality of the borrower.  That is, the way credit was given many times reflected the capacity, collateral, and character of the borrower.  Main Street is already feeling this recession like the worst since World War II and […]

Dec 9 2008

The Main Street Economic Effect: 10 Reasons why This Recession will feel like a Minor Depression.

The investing world is full of cryptic words.  Credit default swaps.  Seasonal adjustments.  Collateralized debt obligations.  But for the average American they are interested in how the economic crisis will impact them on a personal level.  How does the actions of Wall Street impact their daily lives.

Dec 3 2008

Best Performing Investments for 2008: Can Real Estate actually be one of the Best Investments for the Year? 5 Strong Performing Areas for the Year.

Investors had very little place to hide this year.  Without a doubt, 2008 has been a tumultuous year for virtually every class of investment out there.  The stock markets are seeing one of the worsts year on record since the Great Depression losing globally, an estimated $32 trillion in market capitalization.

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Aug 18 2008

How to Invest Wisely and Diversify: 3 Current Economic Issues. Gold, World Currency Reserves, and World Housing Bubbles.

I’ve done my best to remain diversified. I don’t mean simply having 10% in a global mutual fund, 20% in a small-cap fund, 40% in a blue chip fund, and 30% in bonds. You can rearrange the numbers a bit but there is this intense belief bordering on religion that by having your money in […]

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