The days are getting longer and the nights are becoming shorter, signaling a unique opportunity ahead…
It’s time to seize the moment while the sun shines.
The stock market is basking in bright rays of prosperity. With each passing day, we witness the ascent of stock prices to unprecedented heights.
This upward surge is nothing short of exhilarating. The DOW has soared beyond 16,000, seemingly unstoppable—not even by the IRS.
So far this year, the Dow has surged over 17 percent. Many have proposed various reasons for this bullish trend. A notable perspective from Jeff Reeves at MarketWatch suggests that “low rates are encouraging investment and spending.” Continue reading
Today, we step away from our usual themes to share some thoughts for the Class of 2013. While no trade school or college may have invited us to speak at this year’s commencement, we’re eager to share our perspectives, free of charge, aimed at this graduating class…
Overqualified and Unprepared
It’s often said, “Those who can, do; those who can’t, teach.” Unfortunately, this is a misguided praise. If your collegiate experience resembled ours, you’ll recognize that many professors struggle to teach effectively. Thus, if you learned anything significant over the past four years, it was likely how to educate yourself.
You will soon discover that this self-learning ability is exceptionally valuable. It’s unfortunate that it took four years, countless parties, and substantial financial investment to master it. However, if you have indeed honed this skill, you’ll be capable of achieving nearly anything you set your mind to—provided you possess the necessary courage and determination. Continue reading
Reaching for Yield
By Dennis Miller, Editor, Money Forever
With the Federal Reserve purchasing $85 billion in government debt monthly, keeping interest rates significantly below inflation, many seniors are finding it challenging to make ends meet. It’s no surprise the Dow has reached all-time highs. But in this stock market, where else can investors seek returns?
The Fed can make lofty claims about economic recovery, but I remain skeptical. If we were to restore the 6 percent CDs of the past, we’d witness an exodus of seniors and baby boomers pulling their funds from the market to minimize risk. Honestly, I don’t know anyone in my circle who feels excited about the market. The enthusiasm I observe is largely limited to television and online narratives.
It’s crucial to remain proactive amidst the media frenzy, especially for investors aiming for profit. Each time a Federal Reserve member speaks, it presents an opportunity to glean valuable insights. Continue reading
On Tuesday, something remarkable occurred: the Dow closed above 15,000 for the very first time. It’s a thrilling moment to be alive and witness this extraordinary event.
While a century ago the new innovations included flying machines and modern plumbing, today we celebrate both iPads and the DOW reaching 15,000. Although both are impressive feats, the former is truly magnificent, whereas the latter borders on grotesque.
The government’s extreme manipulation of monetary policy has obscured the line separating genuine economic growth from mere illusions of it, making it difficult to discern what’s real. However, there are instances when the divergence becomes strikingly apparent, especially as capital misallocations reach alarming extremes…
Take, for instance, the dot-com bubble of the late 1990s or the housing bubble of the mid-2000s. Initially, these phenomena seemed to reflect authentic economic progress, which later proved to be mere mirages—destructive consequences of monetary interventions.
For several years, it has been evident, if not glaringly obvious, that a Treasury bond bubble is inflating. The question remains: when will it inevitably burst? Continue reading
In this revised interpretation, the content maintains its original formatting while enhancing clarity and flow. The introduction summarizes the overarching themes, and the conclusion ties together the notion of economic fluctuating realities.
