Despite stagnant wages and increased borrowing, Americans ramped up their consumer spending in January. The United States Department of Commerce said earlier this week that consumer spending rose 0.4% in January versus a forecast of 0.2%. (Source: “Real Consumer Spending Rises in January,” Bureau of Economic Analysis web site, March 3, 2014.)
Unfortunately, January’s boost in consumer spending wasn’t as … Read More
One of the investment strategies discussed in the mainstream these days is to add exchange-traded funds (ETFs) to your portfolio. It is said that when you do just that, your portfolio has lower risks and you are well diversified.
For investors who are not as advanced, when it comes to investing; this investment strategy makes sense. For those who are … Read More
Sometimes, what seems obvious on the surface isn’t necessarily the best way of looking at a situation. The recent crisis between Ukraine and Russia is a perfect example.
A very basic fundamental analysis of the situation would lead one to conclude that if hostilities were to break out, one of the results would be a disruption to the oil and … Read More
“What should you do when the house isn’t in order?”
A good friend of mine … Read More
Are the long-term retirement plans of working Americans being held hostage by the Federal Reserve?… Read More
One of the basic rules that investors should follow when it comes to portfolio management … Read More
Your 401(k) is supposed to be a retirement account with a long investing horizon—not a … Read More