Back in 2009 the German central bank, the Bundesbank, announced they were concerned they hadn’t been paying enough attention to their gold reserves stored in overseas central banks. It’s not …
Money
-
-
“Risk comes from not knowing what you’re doing.” — Warren Buffett Suppose your stockbroker said to you something like this: “I’ve got an investment for you that’s going to go big …
-
Most of you know from previous columns that I attach a very low premium to conventional wisdom, mostly because so few financial situations are conventional. Markets are constantly evolving and …
-
When it comes to investing, your worst enemy may be the person in the mirror. It’s a hard truth that almost everyone who invests money has to face at one …
-
Money
Michigan Governor Hungry for Chinese… Citizens, to Live in Detroit
by Bruce Haringby Bruce HaringThey’ve come up with a new plan to rescue bankrupt Detroit. They’re going to sell it to the Chinese. Michigan Governor Rick Snyder, who made a living in business before …
-
This has been another week of disappointing price action for Bitcoin enthusiasts. On the five day chart, Bitcoin prices have dropped from near $455 down to $445. The good news, …
-
While there are many reports published about the rate of failure of new business ventures, few of them are encouraging. A study by a Harvard Business School senior lecturer provides …
-
Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. — Sam Ewing Two economic buzzwords we encounter often in the …
-
There’s nothing easy about getting out of debt. The companies that loan you money for everything from your morning latte, to the car you drive to get to the coffee …
-
If you have any investments at all, good for you. The average American family has just $3,800 in their savings account, and one in four have no savings or emergency …