Source: Mother Jones So last week, merely in passing, I tweeted that “Things are often better than you think, and with a little luck, maybe they might go your way,” Perhaps, people were being...
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Reverse Mortgage Foreclosure Alert! Detroit Ranks Number 1 In The Nation For Reverse Mortgage Foreclosures!
Don't be misled by the construction cranes that punctuate city skylines. The number of housing units completed in the United States last year, adjusted for the size of the population, was lower than in any year between 1968 and 2008. And the...
Amateur Investor Thought He Scored A Villa For $9,100 At The Broward County Auction. He Got A Foot-Wide Strip Of Land.
My easy like Sunday morning reads: • How HOOPP’s Jim Keohane Beat the Great Financial Crisis (Chief Investment Officer) • Hong Kong Is On the Frontlines of a Global Battle For Freedom (Time) • The...
This week, we speak with Jonathan Stein, founder and CEO of Betterment, an online automated firm with $16.4 billion dollars under management. At Harvard, he studied under Martin Feldstein, chief...
The weekend is here! Pour yourself a mug of French Roast coffee, grab a seat by the pool, and get ready for our longer form weekend reads: • The bankers that define the decades: Jamie Dimon,...
Succinct Summations for the week ending June 14th, 2019 Positives: 1. MBA mortgage apps rose 10.0% w/o/w, greater than previous decrease of 2.0%. 2. MBA mortgage refinance apps rose 47.0% w/o/w,...
Ocwen Financial Drops The Name Ocwen. It Will Now Operate As PHH Mortgage And Liberty Home Equity Solutions
Its a Summer Friday — a perfect time for something I have been meaning to get to posting on: But the Drip! (Kashana Cauley post yesterday was a reminder for me). BTD is Doug Boneparth’s take on...
My end of week morning train reads: • Meet the British mobile banks showing the US how it’s done (Verge) • Buyout Firms Are Gorging on Credit. This Investor Has Concerns (Institutional Investor) •...
Now that the 6 series convertible and coupe are no more, the new flagship for BMW is the 8 series. We can argue that these are really new 6 series cars, but thats not my call. The M version is...
If we look at these charts, it looks like only the top 10%, or perhaps the top 20% at best, might qualify as "middle class" by the metrics described below.
The conventional definition of working class is based on income and education:the working...
Source: New York Times I occasionally forget that President Trump had no government experience prior to being President. . The chart above is a stark depiction of the various backgrounds of...
He continued: "Are recessions really avoidable or merely postponable? And if the latter, is it better for them to occur naturally or be postponed unnaturally? Might efforts to postpone them create undue faith in the power and intentions of the...
This year's ‘Annual Report on Ageing Society' plainly stated this reality; it was a brutally honest assessment of Japan's underfunded pension program.
The report went on to tell people that they needed to save their own money for retirement...
In December 2016, Masayoshi Son, the billionaire owner of Sprint, paid a visit to Trump Tower to meet the president-elect. Afterward, the two announced that Mr. Son had spontaneously decided to invest $50 billion in the United States and create...
Home ownership is part of the stereotypical American Dream. Renting the place you live in has traditionally had a less romantic connotation. On this episode of Good Money, we show why renting...
My morning train reads: • The S&P 500 Is Beating Yale’s Endowment Fund (Morningstar) • The Case Against Small Caps (CFA Institute) • The maths problem that could bring the world to a halt (BBC) •...
Source: Our World in Data I do a number of presentations about investing, behavioral economics and psychology. My favorite slides for a few years has been the focus on what kills us — heart...
This is always a fascinating read . . . Click for full slide deck. Source: Bond
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