Regardless of the form it takes, all currency has the same basic goals: It helps encourage economic activity by increasing the market for various goods, and it enables consumers to store wealth and therefore address long-term needs. Money was once limited to the domain of physical currency, su...
During the postwar years, the market value of the Dow Jones industrials has been as low as 84% of book value (in 1974) and as high as 232% (in 1965); most of the time the ratio has been well over 100%. (Early this spring, it was around 110%.) Let’s assume that in the fu...
💡 It’s amazing how blogging has evolved from a hobby to a full-fledged business model. Whether it’s through affiliate marketing, sponsored content, or offering digital products, there are so many ways to monetize a blog today. For anyone looking to take their blog to the next level, ...
If you don't plan to work that long, you will likely need to save more than 15% a year. If you plan to work longer, all things being equal, your required saving rate could be lower. Other steps to take The road to retirement is a journey, and there are steps you can take along...
While inflation has cooled since peaking in 2022, consumers have been subject to the cost of all items increasing by more than 19% between 2019 and 2023. If you don't adjust your budget to account for cost increases, you'll likely find yourself overspending each month. Standberry rec...
Investing for the long haul with little cash on hand is doable, but you’ll need a carefully crafted plan.
Historically, due to its ability to hold or grow in value over time, despite rising prices, gold has long been regarded as a hedge against inflation. Nevertheless, it’s crucial to remember that buying gold carries some risk and doesn’t always guarantee a profit. Overall, historical performan...
long decline in working hours has gone into reverse in America but not elsewhere (though Britain shows signs of following America's lead). Perhaps cultural differences-the last refuge of the defeated economist-are at play. Economists used to believe that once workers earned enough to provide for...
Step 1: Set goals for the short-term and the long-term. A short-term goal may be something less 4 , while a long-term goal may cost more. Step 2: Figure out how much of your allowance you...
there were crowds of people around her, asking for a photo with her. m: what about hamburgers, then? there s that american style diner on the way to the mall. w: i like that place. their chips are great, but...