The savings rate in this country is dismal. The most recent number (July 2018) reported by Trading Economics was 6.7%. Personal savings rate is defined as “the ratio of personal income saved to personal net disposable income during a certain period of time.” That means that the average income earner only saves $6.70 out of Read more about Discipline and Savings; a Perfect Match![…]
A few months back while listening to the radio, I heard a ‘Cash Call’ advertisement touting the advantages of taking out a home equity loan and using the proceeds for things like paying off high credit card debt, remodeling a kitchen, or investing ‘on the dip’ in Bitcoin. Yes, you read that last one right. Read more about Buyer Beware…[…]
Enjoy it while it lasts– Sand, sun, and surf…or hikes, camping, and swimming. Maybe just enjoying the relaxing-long-afternoons over a slow barbeque as you lay in your comfy lounge chair. These are some visions and aspirations many of us want to enjoy over the next few warm months. Summer gives all of us a break Read more about 2018 Mid-Year Update![…]
Experience They say if you live long enough, you’ll see just about everything. Enter: Jack Bogle. He is one gentleman who has seen, lived through, and witnessed quite a ride in the stock market. He’s seen the market drop by over 50% two times, including a drop of 25% in a single day. Yet over Read more about Like the Roller Coaster?[…]