Kim Kiyosaki Pledges Book Donations to Help Promote Financial Literacy Across America

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Kim Kiyosaki Pledges Book Donations to Help Promote Financial Literacy Across America

Real estate and financial expert, Kim Kiyosaki, made a bold move in the mission to help Americans develop the financial literacy needed to create financial freedom in their own lives.  Kiyosaki, co-founder of the Rich Dad Company and known for authoring and co-authoring several financial books, including Rich Dad, Poor Dad, was one of the … Read more

Will your wealth plan encourage your children’s entrepreneurial spirit or foster complacency?

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– Contributed Content, Northern Trust Corp. Sharing wealth too freely with your children or attaching “hard and fast” rules to accessing your wealth, may have an unintended negative impact on their motivation to work hard and forge their own paths in life. Implementing a comprehensive wealth plan, with constructive guidance for how beneficiaries can put … Read more

U.S. Debt Hits Critical Point, Putting Our Entire Economy on the Brink of Disaster

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U.S. Debt Hits Critical Point, Putting Our Entire Economy on the Brink of Disaster by Dr. David Phelps

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 … Read more

With the Economy in Decline, Now Is the Time to Line Up Funding 

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With the Economy in Decline, Now Is the Time to Line Up Funding 

Massive layoffs have been hitting the news at an increasing frequency, with Intel, CVS, Aetna, and John Deer being some of the most recognizable. At the same time, wages remain stagnant, inflation has made everything less affordable, and credit underwriting has become more stringent.  This is the financial equivalent of “The Captain has turned on … Read more

What to know about economic fundamentals for good decision-making                                

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What to know about economic fundamentals for good decision Making

By John Silvia, CEO and Founder, Dynamic Economic Strategy Five fundamentals provide a basis for good executive and investment decision-making; Expectations for economic growth, inflation, interest rates, the dollar and corporate profits are the basis. Currently, the United States economy is experiencing trend-plus economic growth alongside persistent, above the Federal Reserve’s, two percent target on … Read more

Avoid These 4 Common Investing Mistakes People Make in a Slow Economy

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Avoid These 4 Common Investing Mistakes People Make in a Slow Economy by Dr. David Phelps

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 … Read more

Where ‘Smart’ Money Is Going As the Economy Declines

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

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 … Read more