This decade that is coming to a close has been rewarding for investors. The 2010s were marked by a slow but prolonged economic recovery following the Great Financial Crisis of 2008 and 2009. The U.S. began the decade with an unemployment rate of 10%. Now it is 3.5%. The current U.S. economic expansion is the longest in U.S. history. Stock and Bond Return Expectations Against that backdrop, global stock markets as measured by the MSCI All Country World Index in U.S. … [Read more...]
280: Travel and the Trust Economy
I forgot to retrieve my bank card at an ATM at the Mexico City airport. A woman behind me in line walked up to the ATM and chose not to let me know about my card. Instead, within 30 minutes there were three fraudulent transactions on my card for items purchased at convenience stores near the airport. The amount charged was $120. My trust in others was diminished a bit after that incident. It got me wondering to what extent do individuals in different countries trust each other and is there a … [Read more...]
169 Plus: Inflation and Trust, Self Directed IRAs and Reducing Stock Exposure as Retirement Approaches
This week August 18, 2017 on Money For the Rest of Us Plus, we see why the most important thing about any currency is whether it is trusted. We evaluate using a self-directed IRA to invest in the real estate crowdfunding platform Peer Street and how a member could go about investing $120,000 on the platform. Finally, we discuss how a member could approach the challenge of reducing stock exposure as he approaches retirement given his concerns about incurring capital gains tax. 169 … [Read more...]
156: Your Job Or Half Your Business Could Be Gone Tomorrow
How to gain a personal competitive advantage in an evolving job and business environment. Photo by Daniel von Appen In this episode you’ll learn: How experts can become trusted authorities.What new graduates can do as they navigate their careers.How we can gain a personal competitive advantage in the market place. Show Notes National Association of Realtors Statistics Auto Dealers Decide Cars Are Taking Up Too Much Prime Space - Wall Street Journal The Thing … [Read more...]
