Daily Reckoning feed

By Robert Kiyosaki This post Most Americans Don’t Understand This Problem… Here’s Why You Should appeared first on Daily Reckoning. My rich dad used to enjoy working in his garden. Though he was wealthy and didn’t need to, he said he liked the work because it reminded him that no matter how rich you are, […]

By Jody Chudley This post Buy Here… Sell Here… It’s That Simple appeared first on Daily Reckoning. Today, I’m going to let a chart do the heavy lifting for me. The chart below compares the valuation of the S&P Goldman Sachs Commodity Index (GSCI) with the S&P 500. Take a quick look. It isn’t hard

By Nomi Prins This post The Fed Will Not Give up “Dark Money” appeared first on Daily Reckoning. When it comes to second quarter U.S. economic growth figures, interpretation is everything. On one hand, the projection of 4.1% second quarter growth is a sign of a surging economy set to grow for years to come.

By Brian Maher This post Happy Days Are Here Again appeared first on Daily Reckoning. The lion has rediscovered its roar… The S&P notched a new intraday high yesterday — 2,873.23 — eclipsing its January peak of 2,872.87. Strong corporate earnings and a bouncing economy are the explanations widely on tap. The professional men sang

By Robert Kiyosaki This post The Art of Winning appeared first on Daily Reckoning. I have never met anyone who likes losing money. And in all my years, I have never met a rich person who has never lost money. But I have met a lot of poor people who have never lost a dime—investing,

By Zach Scheidt This post 7.5% of Paychecks Go To This… And It’s Making Our Economy Tick appeared first on Daily Reckoning. As a kid, Sunday mornings were the best… My dad would come into the bedroom I shared with my little brother and wake us up for church. As we rolled out of bed,

By James Rickards This post New Reality of China’s Failing Economy Is Coming Soon appeared first on Daily Reckoning. I’ve written for years that Chinese economic development is partly real and partly smoke and mirrors, and that it’s critical for investors to separate one from the other to make any sense out of China and

By James Rickards This post Shooting War With China More Likely Than You Think appeared first on Daily Reckoning. The mainstream media narrative about the U.S.-China trade war implies that Trump is on a highly damaging ego trip and China holds all the cards. The exact opposite is true. Trump has ample financial warfare weapons

By Robert Kiyosaki This post Most People Struggle Financially Because They Don’t Know This… appeared first on Daily Reckoning. Money. It’s what makes the world go ‘round. Yet we hear countless stories about the multi-million dollar athlete who is homeless 10 years later. Or the guy who won the lottery only to soon find himself

By Robert Kiyosaki This post Avoiding One of Life’s Biggest Traps appeared first on Daily Reckoning. It was 1956, and I was 9 years old. There was one day when my rich dad came to talk to me and Mike after our shift at the grocery store. At this point, we were working for free