Tag Archives: personal finance

Correlation versus Causation – The 1%

I recently mentioned some statistics regarding the 1%, in an attempt to define the other 99%. To summarize: The Top 5 Facts about the 1%: 1) Owns 40% of US wealth 2) Takes home 24% of the nations income 3) … Continue reading

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Safe Investing Principles In Action

A recent article for the Portfolioist (Asset Allocation: An Alternative View) is a great example of Safe Investing Principles in action. 6 – Continually measure the performance of your plan or system; there is always something that can be improved … Continue reading

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Are You Paid for Being Productive?

Are you paid for being productive? With all the focus on “productivity” these days, one would think that being more productive would be recognized by employers and rewarded. The answer – not so much… Hat Tip to B. Ritholtz Click … Continue reading

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Banks Charge for Deposits

It was only a matter of time, but we are starting to see actual NEGATIVE interest rates on bank account balances. On August 6th, the Bank of New York Mellon Corporation (BK) announced a new annual fee will be charged on … Continue reading

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Market Commentary – Bear Market Far from Over

Below is more commentary from another investing firm (Comstock Partners, Inc.) on the recent market turmoil. The market erroneously assumed that the recovery would follow the pattern of typical post-war expansions and rallied strongly from the early 2009 bottom to … Continue reading

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Preparing for a Complete Meltdown

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Why Health Care Is Not Affordable – Part II

Yesterday, I posed the question: “Ever wonder why health care is not affordable?” Today, I’ll link you to the second infographic from Medical Billing and Coding; entitled “Why Your Stitches Cost $1,500 – Part II”. Whether or not you agree … Continue reading

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