March 18, 2010 · 1 comment
in bonds, currencies, debt, emerging markets, financial education, foreign investment, forex, government, international economy, money supply, networth, world order, world reserve currency
The entire world officially owes itself more money than it can produce in the form of equity assets. Of course, the calculation might be meaningless, since the numbers are an aggregate of the nations involved, and it doesn’t make sense to imagine the world not being able to pay itself back.
But it’s still a thought-provoking [...]
December 21, 2009 · 4 comments
in December, Financial New Year, discipline, estates, finances, financial planning, goals, holidays, lifestyle design, money decisions, networth, portfolio, wealth protection, wealthbuilding
It’s a good time to draw up some financial New Year’s resolutions if you haven’t yet. Sure – don’t call them New Year’s resolutions if you don’t want to – it’s a financial plan for 2010 that I’m really talking about.
Although we are still in the thick of the holiday season, take a quiet day [...]
First things first; the tax refund is just that – it’s YOUR money being returned BACK to you. It’s not new money. It’s money that ideally you wouldn’t have lent to the government in the first place. Talk to your employer’s accounting department (or whomever handles the tax reporting) about reducing the amount in taxes [...]
With all the negative news out there about the economy – which you know has fully filtered its way through society when there are regular popular talks about it given by academics at universities – it seems to be a good time to concentrate on what’s been working for me in my portfolio.
I finished up [...]