Women are gaining financial independence to an unprecedented degree — they now make up the majority of college graduates, are nearly half of the labor force and are becoming the primary earners in many households.Yet most remain uneasy or uninvolved when it comes to talking about and managing money. — USA Today
Far be it from bondholders or banks that caused the debt crisis to be punished for their sins, German 'Wise Men' push for wealth seizure to fund EMU bail-outs.
Two top advisers to German Chancellor Angela Merkel have called for a tax on private wealth and property in eurozone debtor states to force the rich to fund rescue costs, marking a radical new departure for EMU crisis strategy.
As we have vociferously warned since September 2011, and most recently as the Cyprus debacle exploded explained why it is just beginning, Germany's Council of Economic Experts (or so-called 'Five Wise Men') just confirmed a wealth tax is coming.
AAII submits: A few investors have opined to me recently that a diversified buy-and-hold portfolio strategy no longer works. Given the performance of the S&P 500 (SPX) over the last decade, I understand their frustrations.
By Retracement:You may have asked yourself sometime during this summer of 2011: "What has the market done for me lately?" One thing most investors can agree on, the current market climate entices you to re-discover and perhaps even re-evaluate your investment approach and individual investments. Why am I invested in this particular company? What is my investment thesis? Has something changed since making the initial investment that now invalidates the original thesis?
Like many private investors, Dr Bart DiLiddo learned about stock market investing the hard way. But for the affable American chairman of VectorVest Inc, applying strict rules on how and when to back company stocks has turned his own winning strategy into a system shared by tens of thousands of private investors around the world.Dr DiLiddo launched the VectorVest system in the form of a small weekly book back in the late 1980s.
I love the back-to-back columns on the Bush tax cuts and fiscal responsibility that Clive Crook of the Financial Times wrote earlier this month. He really tells it like it is: we simply can’t afford to permanently extend even the so-called “middle-class” portions of the Bush tax cuts–for several reasons.