Category Archives: the economy

Who Makes The Real Money in Innovation?

Everyone talks about innovation. Many governments, universities, and corporations spend fortunes to innovate – to develop new businesses that can create wealth and jobs. But the real money in new products and emerging industries has been made by billion-dollar entrepreneurs, such as Gates, Jobs, Dell, Page-Brin, and Zuckerberg. They have become among the world’s richest… Read More »

This is the Worst Investing Mistake You Can Make Right Now

There’s one very simple mistake millions of folks are making right now—and it’s costing them billions every year. Of course, there are many boneheaded errors people make every day, like betting a lot of cash on a single stock. Or not having an investment plan. While both of those will also drain your portfolio—and could even put your retirement on… Read More »

What Britain’s Hung Parliament Means for Your Portfolio

Aaron Hankin Theresa May’s bold move to call a snap election on April 18 to strengthen conservatives’ position in Parliament failed Thursday when the Tories fell well short of winning a majority in the U.K. House of Commons creating what is known as a “hung parliament.” With just one seat of the 650 yet to… Read More »

Global Monetary Policy: He Still Has Your Back

Shuffle up and deal–low interest rates are still “the only game in town” AT ITS outset, 2017 seemed likely to mark a turning-point for global monetary policy. The Federal Reserve had just raised its main interest rate by a quarter-point and was expected to add three such increases this year–or perhaps even more, if a… Read More »

The 10 Best Ways for Business Owners to Save Money

Brian Rashid Leaders of small and large companies alike can struggle with saving money. With rising costs starting to strangle small businesses, it’s more important than ever to tighten your belt and pay close attention to what’s flowing in and out of your bank account. Without a team of pricey accountants and financial planners, this can… Read More »

Stocks Soar on French Election, Trump Tax Cut Hopes

Paul R. La Monica Vive la France! Investors around the world cheered the French presidential election results. The hope is that the centrist candidate Emmanuel Macron will have no problem defeating the anti-EU challenger Marine Le Pen in a runoff election on May 7. Stocks soared in Europe and were set to pop in the… Read More »

Following The Herd Can Leave You Lost During Retirement

Forbes Finance Council Six times more people have died coming down Mount Everest than while climbing Mount Everest. The same can happen as you come down the mountain after retirement. How you distribute wealth, or “disinvest,” is even more important than how you invest. The savings decisions you are making today have far more implications… Read More »

What A Fed Rate Hike Means For You

Patrick Gillespie Get ready for another rate hike, America. The Federal Reserve is expected to raise its key interest rate on Wednesday. It would be the second rate hike since December and a sign that the central bank plans to raise rates faster this year. One rate hike won’t change the world but higher rates… Read More »