The United States desperately needs to do something about its shrinking middle class. The last decade has been dreadful and the future does not look promising. There are plenty of reasons why the middle class is in this predicament. One of the most obvious is wage stagnation. On an inflation adjusted level average salaries are…

Stress tends to make people make very poor decisions. Being poor is a very stressful condition to say the least. Sometimes it is hard to fathom the incredibly bad decisions poor people make about money. This article sheds some light on their predicament. Judging people is very easy, understanding them is very hard. Most people…

  Many people are seduced by tales of the prowess of the stock picking manager of their mutual funds. After all, this is why you pay them almost 50% of your after tax and inflation profits. This is why they make the big bucks. A commoner could never do what they do and you should…

  Many people are seduced by tales of the prowess of the stock picking manager of their mutual funds. After all, this is why you pay them almost 50% of your after tax and inflation profits. This is why they make the big bucks. A commoner could never do what they do and you should…

Those of us old enough can recall Charlton Heston in the famous scene from the film Ben-Hur in which he is chained to a slave boat. As he is being whipped to keep time with the pulsating drumbeat , the boat is rammed and begins to sink with all the unfortunates going down with it….

There is an old saying, “Every storm runs out of rain.” This means things will eventually  get better and, most of the time, it is the wise choice to continue following a well thought out, diversified financial plan even when it seems all is lost. Unfortunately, there are many in the financial industry who will prey…