We have constantly been assured by Jim Cramer and the other CNBC news crew members that there is one staple to the global recovery; permanently rising corporate profits. Too bad there are hidden reasons that corporate profits have been so high and evidence that they will inevitably correct and bring stocks down with them. This [...]
Matthew Owens, a well-known Real Estate investor from the Los Angeles and Southbay area, wrote this post on his blog describing some of the downfalls of traditional investing in a 401(k). Many people have been sucked into the system that financial advisors perpetuate and are therefor afraid to take control of their own financial future. [...]
As many of you probably know, the man entirely in control of the US monetary supply, Ben Bernanke, spent his entire academic career studying the Great Depression. That’s a good thing too, because the similarities are starting to add up. Yes, the demographic of the US is very different in a lot of ways from [...]
For a while there, even though there were a lot of negative indicators for the economy, the unemployment rate looked to be one of the shining stars the media was pointing to in order to show our progress out of the Great Recession and into recovery. The truth is, these numbers are skewed just like [...]