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Help! The Saver In Me Won’t Let Me Spend My Nest Egg

By Walter Updegrave

Real Deal Retirement

March 28, 2017

Ask Real Deal Retirement I’m retired, have a good pension and no debt. I also have about $350,000 in an IRA account that I may never need, but the saver in me won’t allow me to spend. Any suggestions? And how should I invest my IRA money to earn a low-risk modest rate of return? More » … Read More

Why I sold $400,000 Of Berkshire Hathaway Shares

By Scott Burns

AssetBuilder

March 27, 2017

In 2005, The Wall Street Journal published a story titled, Warren Buffett’s Bed & Breakfast. The headline grabbed a few eyeballs. It looked like Buffett dished out stock tips over pancakes–after offering travelers a bed.<br />I had sent Warren Buffett a postcard. I had written it in front of my 11th grade English class to show how quirky requests sometimes gain attention. At the time, I owned about $200,000 in Berkshire Hathaway shares. On the postcard, I had written t … Read More

The end of global QE is fast approaching

By Gavyn Davies

Financial Times

March 26, 2017

One of the most dramatic monetary interventions in recent years has been the unprecedented surge in global central bank balance sheets. This form of “money printing” has not had the inflationary effect predicted by pessimists, but there is still deep unease among some central bankers about whether these bloated balance sheets should be accepted as part of the “new normal”. There are concerns that ultra large balance sheets carry with them long term risks of inflation, and … Read More

Washington's Princes of Paperwork Are Crushing Physicians and Bankrupting, If Not Killing, Patients

By Steve H. Hanke

Cato Institute

March 24, 2017

In the rancorous to and fro over the repeal of ObamaCare and its possible replacement with the American Health Care Act, an elephant in the room has remained unnoticed. It’s that giant bundle of burdensome regulations that is crushing physicians, their staffs, and sending the costs of healthcare soaring. A recent, detailed study published by the American Medical Association (AMA) sheds a common-sense light on what Washington chooses to ignore. For every hour physicians spent with patients, … Read More

Trump's Big Problems: Anemic Private Investment and Weak Productivity

By Steve H. Hanke

Cato Institute

March 23, 2017

Why was the Great Depression so deep, and why did it drag on for so long? According to impressive research by Robert Higgs of the Independent Institute, it was because President Roosevelt abandoned his campaign promises of 1932: to cut federal spending, to balance the budget, to maintain a sound currency, and to rein in Washington’s bureaucracy. Instead, Roosevelt switched gears. Roosevelt and the Congress, according to Higgs, produced a “bewildering, incoherent mass of new expenditu … Read More

Here’s What to Do the Next Time a Business Asks for Your Credit Card by Phone or Email

By Adam Levin

Huffington Post

March 22, 2017

Beyond the fact that I am professionally paranoid — I wrote a book about it — there are so many ways for your information … Read More

Why This Financial Advisor Gives Out Free Trips To The Maldives

By Scott Burns

AssetBuilder

March 21, 2017

Last month, a financial advisor sent Matthew Backus an unusual email. She offered him a free trip for two to the Maldives. The Republic of Maldives comprises more than 1000 coral islands in the Indian Ocean. My wife and I went last year. It has perfect beaches and warm, turquoise waters. Snorkelers can swim with whale sharks and giant turtles. There are more than 2000 species of fish.<br />It’s on plenty of bucket lists. Matthew and his wife are educators. They live in Dubai. … Read More

Vacation days

By Jim Jubak

Jubak Picks

March 21, 2017

Headed out this afternoon for a week in Cartagena. Today’s a travel day and that usually completely disrupts posting. After that–depends on the whether… You know, whether it’s sunny, whether lunch has been really good. I’m sure I’m get in a post or two or three, but I can’t guarantee a schedule. Back to real […] … Read More

Here’s what I’ve been writing about on my paid sites: Buy and then sell biotech NKTR for 38% gain in two weeks.

By Jim Jubak

Jubak Picks

March 20, 2017

Back on March 6, I added shares of Nektar Therapeutics (NKTR) to my new Volatility Portfolio in my paid JugglingWithKnives.com and JubakAM.com sites. Today I’m selling the shares out of that portfolio after a huge pop--Nektar is up 38.32% today as of 3 p.m. New York time to $21.44. (The shares closed at $14.38 on March 6.) You don’t have to sell today. I added Nektar to the portfolio with a target price of $28 so there’s still room to run and the company has five presentations that could push … Read More

Make America Happy Again

By Jim Jubak

Jubak Picks

March 20, 2017

The new World Happiness report is out. And it’s enough to make you sad. If you live in the United States. According to the Sustainable Development Solutions Network and the Ernesto Illy Foundation, the United States slipped in 2016 to rank just 19th among the developed countries in the Organization for Economic Cooperation and Development. That’s a huge tumble from No. 3 among 24 developed countries in the 2006 report. … Read More

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