Latest stories

  • even-after-tax-filing-deadline,-why-tax-scams-will-continue
    in ,

    Even After Tax Filing Deadline, Why Tax Scams Will Continue

    (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)AFP via Getty Images Although the first IRS tax filing deadline has passed (April 18), tax scamsters will continue their swindles to ensnare taxpayers. The pitch for every tax scam is the same: “We will help you avoid paying the IRS.” While there More

  • distortion-alert:-how-markets-blow-up-the-economy
    in ,

    Distortion Alert: How Markets Blow Up The Economy

    (Photo by Drew Angerer/Getty Images)Getty Images I cringe every time somebody tells me “it’s a market economy.” I get the economic reality of that statement, but it also signals a loss of control. What is the market economy? It’s when the value of your 401(k) tanks. It’s when gasoline and natural gas price soar because More

  • what-one-essential-account-do-you-need-for-retirement-savings?
    in ,

    What One Essential Account Do You Need For Retirement Savings?

    (Photo By Michael Macor/The San Francisco Chronicle via Getty Images)San Francisco Chronicle via Getty Images There’s always a catch when I mention Roth IRAs. Not everyone can open one, but if you can, it’s a must-have account. Roths come in two flavors: The Individual Retirement Account (IRA) version you can set up yourself or the More

  • scam-alert:-watch-out-for-this-new-consumer-agency-swindle
    in ,

    Scam Alert: Watch Out For This New Consumer Agency Swindle

    James Caan visits his old prison mate Willie Nelson in a scene from the United Artist movie “Thief”, … [+] circa 1981. (Photo by Michael Ochs Archives/Getty Images) Getty Images Consumer scams are like gremlins. They just keep morphing into something else. A relatively new scam involves swindlers posing as representatives of the Consumer Financial… More

  • why-social-security’s-safety-net-should-be-bolstered
    in ,

    Why Social Security’s Safety Net Should Be Bolstered

    (Photo by Derrick Warren/Mirrorpix/Getty Images) Getty Images When most Americans think of Social Security, they think of the old age pension program. But the program is much more than that and should be strengthened for coming generations. It’s a true safety net. Do you know how it works and what it covers? Retired workers and… More

  • one-reason-you-don’t-get-paid-enough-is-mbas-think-you’re-not-worthy
    in ,

    One Reason You Don’t Get Paid Enough Is MBAs Think You’re Not Worthy

    Commencement ceremonies at the Harvard Business School campus in front of Baker Library, in Boston, … [+] MA on May 29, 2014. (Photo by Rick Friedman/ via Getty Images) Corbis via Getty Images Paranoia is frequently a combination of overdeveloped self-importance, a need to explain perceived patterns in life, and confirmation bias. But there are… More

  • what-does-7%-inflation-do-to-your-bonds?
    in , , ,

    What Does 7% Inflation Do To Your Bonds?

    If you own any Treasuries, take a grim look at what’s left after inflation and taxes. Inflation has already crossed the 6% mark. Are we going to see 7%? What does that do to savers? My answers are “Yes, soon” and “They get slaughtered.” The inflation rate, as measured by the one-year gain in the… More

  • three-ways-to-beat-6.2%-inflation:-puts,-goldmines-and-pipelines
    in ,

    Three Ways To Beat 6.2% Inflation: Puts, Goldmines And Pipelines

    TIPS won’t do it. If you want to come out ahead, you have to take some risks. Gold mining in Columbia (photo by Edinson Arroyo) © 2021 Bloomberg Finance LP The run-up in prices that the authorities were calling “transitory” seems to be sticking around for a while: 6.2% over the 12 months to October.… More

  • south-dakota-turned-itself-into-a-tax-haven.-but-why?
    in , , ,

    South Dakota Turned Itself Into A Tax Haven. But Why?

    Ecuador’s newly sworn-in President Guillermo Lasso. He allegedly transferred assets to trusts in … [+] South Dakota in 2017 amid reports that questioned his interests in a bank in Panama. (Photo by Cristina Vega RHOR / AFP) (Photo by CRISTINA VEGA RHOR/AFP via Getty Images) AFP via Getty Images In recent decades, South Dakota has… More

  • here’s-why-you-can’t-afford-a-home—pandemic-version
    in ,

    Here’s Why You Can’t Afford A Home—Pandemic Version

    ONTARIO, CA – MAY 23: New houses line the street in the Inland Empire, the area east of Los … [+] Angeles, in Riverside and San Bernardino Counties, May 23, 2003 in Ontario, California. The high cost of housing in the Los Angeles area has many Angelinos opting for lower priced new homes in the… More

Load More
Congratulations. You've reached the end of the internet.