This post Turn Up Your Savings with Your Stove appeared first on Daily Reckoning.
A loaf of bread in 1913 cost just over 5 cents. Eggs would set you back 37 cents a dozen. And a gallon of milk 35 cents. Grocery prices today are a bit different…
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This post Are You Ready for Another Recession appeared first on Daily Reckoning.
Between the ongoing trade war with China, an inverted yield curve, and the Federal Reserve lowering short-term borrowing costs, investors are starting to talk about a recession. Unfortunately, there isn’t anything you can personally do to stop a recession, so if one does come you need to make sure your money doesn’t disappear.
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This post The Democratic Debate Dilemma appeared first on Daily Reckoning.
The Democratic debate last week provided quite a bit of interesting food for thought. Elizabeth Warren and Andrew Yang both had some interesting proposals that would affect both taxes, and the amount that Americans receive, but I’m not sure either proposal will perform the way they intend.
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This post No. 1 Proven Way to Keep Your Money appeared first on Daily Reckoning.
Dear Reader, Pop quiz: When you receive a paycheck, who do you pay first? If you’re like most Americans, you’re probably paying everyone else first — your rent/mortgage, groceries, utilities, car payment, insurance, etc. Once you’re done paying all those bills, you stick whatever you have left (if anything) into savings — that’s the classic […]
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This post The Four Dynamics of Bubbles appeared first on Daily Reckoning.
Editor’s note: Central banks have inflated bubble after bubble. Today, Daily Reckoning contributor Charles Hugh Smith shows you the three stages of bubbles – with a fourth for good measure. He also addresses how long the show can go on. Dear Reader, Financial bubbles manifest three dynamics: The one we’re most familiar with is simple […]
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This post Are Your Retirement Expenses Out of Control? appeared first on Daily Reckoning.
Retirement expenses can be a tricky field to navigate. How much should you allocate for entertainment, transportation, housing, and a dozen other expenses? Unfortunately I don’t have all those answers, but what I DO have is some hard data that you can use as a gauge to see if you are significantly off the mark for what is working for most retirees.
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This post 5 Financial Rules of Thumb You Need to Break appeared first on Daily Reckoning.
Some rules are outdated, and some simply don’t apply to everyone’s individual financial circumstances. So why bother follow a rule that makes no sense? Here’s my list of 5 financial rules of thumb you need to consider breaking for your own good:
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This post Urgent: Your Will May Need Updates appeared first on Daily Reckoning.
Your last will and testament may not be the flashiest topic, but it is important. It’s not fun to consider your eventual departure from this life, but making sure your assets are squared away is a tremendous help to those you leave behind. Unfortunately, your will isn’t a ‘once and done’ project. You should update your will from time to time to reflect significant changes in your life, such as…
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This post 8 Unforgettable Fall Travel Destinations for Retirees appeared first on Daily Reckoning.
One of the most common dreams in retirement is to travel and see the world. You’ve spent most of your life, in the same geographic region. Have the freedom to travel is a blessed change. But where should you go first? Here’s a list of 8 great locations to visit this fall.
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This post Could Retiring Later Make You Live Longer? appeared first on Daily Reckoning.
Retirement is the end of a lifelong working journey, and for most it can’t come soon enough. That said, sometimes the right choice with retirement is waiting. Delaying your retirement can be good for a variety of reasons. Here are a few of the top ones to consider.
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