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Monthly Archives: October 2016
Buying a Credit Score on the Cheap
Your kids graduate from college and face an immediate dilemma: they have no credit history, which makes it harder for them to rent an apartment or get a credit card. Is there a way the parents can help them without … Continue reading
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Global Debt Overhang
You haven’t heard much about the U.S. government’s debt, in part because, as a percentage of the economy, the growth of our national debt has slowed dramatically. (See chart) But measured on a global scale, the world’s $152 trillion of … Continue reading
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Internet Participation Rates
Pretty much everybody has access to the Internet. Don’t they? The actual global median of all countries is 67% of citizens, but access is not evenly distributed. In the U.S., 89% of adults use the Internet at least occasionally, according … Continue reading
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Gold Up, Gold Down
The enduring popularity of gold as an investment has to do with its tangible nature. Unlike a stock or a bond, you can feel and touch golden coins and larger ingots. The problem with such tangible assets, of course, is … Continue reading
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Pound Poor, Pound Foolish
You may have read that the British pound has had a very rough couple of weeks on world markets, losing more than 4% of its value against the dollar in one week, and continuing the slide through the next, finally … Continue reading
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Deutsche Bank’s Woes
You may have been reading something about problems with one of the world’s largest lending institutions—Deutsche Bank—without understanding what the issue was. The bank has been reportedly due to pay a whopping $14 billion fine over its role in the … Continue reading
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2016 Third Quarter Report: The Bull Continues
100 days after the Brexit scare, three quarters of a year after the most recent Fed rate hike, the markets once again confounded the instincts of nervous investors and went up instead of down. Last week, Fed Chairperson Janet Yellen … Continue reading
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Will Your Morning Cup of Coffee Make You Healthier?
If you drink coffee habitually, you’ll like this. A new study monitored the coffee intake of 208,500 men and women over the course of 30 years, and found that people who drink coffee in moderation (fewer than five cups a … Continue reading
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Whither Brexit?
More than three months after British voters elected to extricate their economy from the European Union, Brexit still hasn’t actually happened. What’s going on? Apparently nothing more than a careful process designed to minimize damage on both sides of the … Continue reading
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