By Steve Selengut | June 12, 2018 I thought you might be interested in some thoughts about the investment climate around the time of the “great recession”. You may find them disturbing, or enlightening, depending on where you think we are today. But two things are fairly certain… not a whole lot has changed, and a look to… Read More »
By Kevin Judge | June 11, 2018 TYPES OF INVESTMENT ASSETS: There are hundreds of types of investments and thousands of choices, but only two categories to choose from. DEBT: These are investments where you are owed interest and your money back. EQUITY: These are investments where you own something and hope for one or… Read More »
(NewsUSA) June 6, 2018 – What perk would most entice you to accept one job offer over another? A company car? (How Boomer-like of you.) A 401(k) plan? (Pretty common these days.) With Millennials now comprising the largest share of the workforce, a growing number of companies are betting that offering to help pay off student debt… Read More »
Ronald Reagan famously told this joke after visiting the Soviet Union. After years of saving up, a Soviet man finally has enough to buy a car. He goes to the appropriate ministry and informs them that he would like to purchase a vehicle. “There are currently shortages, it will be three years before your car… Read More »
Ronald Reagan used to say that if trivial pursuit were designed by economists, it would have 100 questions and 3,000 answers.
President Truman once said he wants an economic adviser with only one arm. Why? So when giving economic advice he will never say, “On the other hand …”
A Soviet man is waiting in line to purchase vodka from a liquor store, but due to restrictions imposed by Gorbachev, the line is very long. The man loses his composure and screams, “I can’t take this waiting in line anymore, I HATE Gorbachev, I am going to the Kremlin right now, and I am… Read More »
“Granddaughter, please explain Communism to me,” an old Russian woman asks her granddaughter. “How will people live under it? They probably teach you all about it in school.” “Of course they do, Granny,” her granddaughter responds. “When we reach Communism, the shops will be full – there’ll be butter, and meat, and sausage…you’ll be able… Read More »
Did you hear of the economist who dove into his swimming pool and broke his neck? He forgot to seasonally adjust.
An American is visiting the Soviet Union. He’s taking a train from Leningrad to Kiev and listening to his handheld radio when a Soviet man leans over to talk to him. “You know, we make those better and more efficiently here in the Soviet Union,” he says. “Oh?” Says the American. “Yes,” the Soviet man… Read More »