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Read More...The big shiny jewel in the crown of many retirees is a home paid for, free and clear. It’s an image of a stable retirement that frankly has been shaken by the recent economic times. Retirees have seen the value of their homes crashed to the floor thanks to the economic downturn. In addition, retirees [...]
Read More...In response to our previous post about Panama being the place to go when your country sucks, one of our readers responded with this comment: Michael… Panama: The Place to Go When Your Country Sucks discussed the momentum that is developing there, information I rarely see in print. An excellent read. The country is near [...]
Read More...If anyone (other than our politicians) is still wondering why U.S. unemployment remains near record highs, why the economy remains stagnant, or why U.S. real wages have gone nowhere for over 30 years, look no further than this comment, on our past post “Has The West Lost It’s Way”. For it is not by an [...]
Read More...For the past three years, around this time, we like to foolishly extend our economic and geopolitical “predictions” for the coming year, knowing full well we will be at least partly, if not completely, wrong. Here are our predictions from 2010 and 2011 so you can make your own judgment about our accuracy. There are [...]
Read More...In the case of a fat cat – who is at fault? The cat, or the “provider”? The protesters, while their effort is valiant and ought to be applauded for at least making their voices heard, need to realize who are really to blame for the mess we are in – it’s not capitalism or [...]
Read More...My last post about famed investor Jim Rogers concerned his trip around the world and his book about the experience entitled Adventure Capitalist. Jim also wrote three other books since then, and two have concerned his two favorite long-term investments: China and commodities. I went to China in 2007 because I thought that China was [...]
Read More...I was pleased to read the latest articles at Retire Worldwide about money in general, but especially so because these articles mentioned Jim Rogers. I met Jim Rogers once at his old home in Manhattan to interview him for the article that appears below, and interviewed him twice more over [...]
Read More...In Part One of this series we covered what to do with petty cash (keep it in your house, not in a bank) and we covered the benefits of gold as a long term store of value. To have neither gold nor hard cash on hand or readily accessible means you are betting your livelihood [...]
Read More...Yesterday we wrote about the idea of holding your petty cash at home rather than in a bank, because the rates of interest on savings is so low, it’s not worth the risk. Here is the link if you didn’t get a chance to read it: Is Your Money Safer Under Your Mattress? But hiding [...]
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