I want to play a game with you for a moment. California’s Mega Millions lottery jackpot was recently over $350 million. I want you to imagine yourself sitting in your easy chair the night the numbers are announced. As the
Will interest rates rise if the biggest buyer of Treasury bonds leaves the market? and Will inflation finally rear its ugly head? It irritates me when people say that rates are definitely going to rise. This is not a cut-and-dried
Back in 2000, Dr. Robert Schiller, co-founder of the S&P/Case-Schiller Home Price Index, stated in his book Irrational Exuberance that real estate prices in America were entering a bubble phase and becoming overvalued based on all past historical data valuations.
The market would have to go back up 50 percent to make back the 50 percent that you lost, right? Wrong. To recover the loss of 50 percent of your money, you would have to make a 100 percent positive
Let’s take a quick look at what the heck is happening in the financial markets and how the market seems to be panicking a bit from the cryptic comments of Chairman Bernanke that basically said, “someday”, based on bunch of