Gas prices normally decline after Labor Day - as the summer season ends. However, instead, they are rising. Production cuts by Saudi Arabia, Russia and other oil-producing countries, as well as...
A young woman emailed me recently and asked, “how can I increase my income.” I felt a bit perplexed at first but then I quickly realized that it's quite hard to live any sort of...
Retirement may seem out of the question these days with high inflation, a possible recession, soaring food prices, but for some older adults, hanging on to their job can cause more harm than good....
The world's largest cryptocurrency (Bitcoin) reached $30,000 Monday (April 10, 2023) evening for the first time since June 2022.
Some industry advocates acknowledge the asset as a potential "safe...
Magic Johnson won the National Collegiate Basketball Championship back in 1979 against his arch rival, Larry Bird. He was a sophomore at Michigan State and only 19 years old. Soon after their...
According to data from Goldman Sachs over the past 140 years, U.S. stocks averaged over 10-year returns of 9.2%. That’s quite an attractive return, but not everyone believes the stock market...
With only two trading days left in what is shaping up to be the worst year for the U.S. stock market since 2008, the major stock market indexes - (Dow Jones, S&P 500, and NASDAQ) - are down...
A major reason for Black America’s failure financially is the inability to recycle its money within its communities and practicing group economics. Nearly all of Black income is spent...
“I’m 65 and want to retire in 6-12 months. I have $125k in an annuity and $100k sitting in my 401(k). I don’t know what I’m doing. I need some advice.”
Congratulations...
First, what Is Inflation?
The most basic definition of inflation is a rise in prices. For example, a baseball cap that cost $17 two years ago may now cost $25, while a $5.99 Big Mac meal at...
Markets are in the red… and most year-to-date charts look terrible.
As of September 30, 2022, the Nasdaq is down 27.4%…
The S&P 500 has fallen 24.7%... and the...
- Would you rather have a million dollars now or take a “brand new” shiny penny now and double the amount for 30 days?
- By taking a penny now, in 30 days you would have...
