Should high schools be required to teach financial literacy?

My Comments: Those of us with years under our belt know how confusing issues about money become. Without a working knowledge of how it works, we become quick victims of those willing to reach into our pockets and help themselves to our money. But, you say, it’s the American way. Some argue vehemently to limit …

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A 20-step Guide to a Horrible Retirement

My Comments: Retirement is not all about money. Yes, having enough money helps a lot, but it’s only part of the puzzle. These 20 steps leaped out at me because so many of them are the default response for millions of people these days. For over 43 years, I’ve spent my life helping people grow …

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Is a Stock Market Correction in the Cards?

My Comments: I don’t know about you, but I’m tired of thinking about this. Frankly, it can’t happen soon enough for me since I’ve been getting ready for the next one for several years now. And it’s kept me from being confident enough to put my money where it will grow in a meaningful way. …

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Asset Allocation Explained

Most of us attempt to save money. We know there will come a time when what we save today will be needed to pay for things tomorrow. Our choices about how to do this are varied, mysterious, and confusing. Too often we take the easiest path and hope for the best. We congratulate ourselves for …

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A Radical, Redistributive Re-imagining of Capitalism?

My Comments: I recently had published in the local newspaper an article I wrote where I described myself as a Social Capitalist. It’s my effort to imply that I’m a capitalist with a social conscience. The challenge for society is to properly define the extent to which pure, unfettered capitalism can be modified to satisfy …

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There are 3 fundamental money concepts most people still don’t grasp

My Comments: Financial literacy is becoming an obvious problem for millions of Americans. I’m not sure if there’s a way to fix it. Most people are either too busy to pay attention to their lack of knowledge, or are simply unaware they have little understanding of money, or since they don’t have any, it doesn’t …

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A Recession Is Coming, And Maybe a Bear Market, Too

My Comments: I’ve lived on this planet long enough to know that when pundits declare “It’s different this time!”, they are wrong. The timing is always different, but the outcome is never in doubt. I will admit to being wrong about when the next market crash will happen. I’ve been expecting one for a few …

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