Retirement Side Gigs Report Reflects Signs of a Deeper Economic Crisis

Recent data from Newsweek paints a troubling picture of retirement in America: Two in five retired Americans (41%) say they can’t support their ideal retirement, and while 92% of them don’t currently have a side gig, 60% wish they did. Meanwhile, 63% of Americans aged 50 and up who haven’t yet retired say they’re considering

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Investor Panic Is Brewing—Why I’m Still Avoiding Wall Street and You Should Too

Investor sentiment—not fundamentals—is what drives financial markets today.  If you need evidence, just look at the past decade: we’ve seen stocks climb relentlessly despite sluggish earnings, geopolitical instability, and ballooning debt. But when sentiment shifts, even slightly, the air comes out of the balloon fast and hard. That’s precisely what we’re starting to witness right

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investor panic
Jobs Report Beats Expectations—But Real Estate Investors Shouldn’t Celebrate Yet

The April jobs report was just released, and on the surface, it looks like good news. Nonfarm payrolls came in higher than expected, which on the surface makes the job market look strong—especially considering we’re still dealing with inflation and elevated interest rates. It might seem like good news at first glance, but anyone who’s

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jobs report
3 Things You Need to Know About Business Funding in 2025

3 Things You Need to Know About Business Funding in 2025 As we head into 2025 with a clean slate and renewed optimism, it’s critical to ensure your business is running on all cylinders, and that means ensuring you have adequate funding in place. But at the same time, it’s also critical to understand the

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3 Things You Need to Know About Business Funding in 2025 by Dr. David Phelps, Freedom Founders
U.S. Debt Hits Critical Point, Putting Our Entire Economy on the Brink of Disaster

The U.S. national debt is rising by $1 trillion roughly every 100 days right now, which now stands at nearly $35.8 trillion as of 10/22/2024. To make matters worse, the Treasury has also drawn down its cash balance by $72 billion putting it over $275 billion in the red. The report spread like wildfire, especially

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U.S. Debt Hits Critical Point, Putting Our Entire Economy on the Brink of Disaster by Dr. David Phelps
How to Raise Financially Literate Children

I vividly remember being a teenager, and some of the things I believed back then, frankly, many more years ago than I like to admit.  One of the things that stands out still today is that I thought I knew so much more than I really did. Part of this was just the normal process

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How to Raise Financially Literate Children
Avoid These 4 Common Investing Mistakes People Make in a Slow Economy

You probably remember hearing all about the Titanic in great detail during history class. You might remember how this ship was described as the epitome of luxury and had been deemed unsinkable by its creators. You know the latter very clearly turned out not to be the case. But even as the massive ship was

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Avoid These 4 Common Investing Mistakes People Make in a Slow Economy by Dr. David Phelps
Where ‘Smart’ Money Is Going As the Economy Declines

Despite most TV pundits loudly proclaiming over the last few years that the US economy is strong, inflation is just transitory, and capital is plentiful, they’ve finally started to admit what the average American already knew years ago—our economy is in a disastrous position. The fact of the matter is that our economy is not

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Where ‘Smart’ Money Is Going As the Economy Declines - Dr. David Phelps