most Americans will likely retire into poverty 3

most Americans will likely retire into poverty
Came across an interesting 2¢ video on Youtube basically discussing what you need to do to have a shot at retirement.. needless to say it got me thinking..  and here’s my own 2cents conclusion..  Great video but oohhh 2¢ , way too optimistic with those projections. The short answer is that thanks to wealth inequality , probably ...

US taxes : why doesn’t the I.R.S Automate our tax returns?

US taxes : why doesn't the I.R.S Automate our tax returns?
It’s 2019 and the US government already has all the major  information about your annual taxes, so why are we still filing tax forms like its 1960? Sadly automated tax filing already exists in many countries, so  why not here in the US. This may seem strange; but the United States government ALREADY has all ...

instead of UBI, why not Universal Basic Housing (UBH) plus social support?

instead of UBI, why not Universal Basic Housing (UBH)  plus social support?
So UBI  (  universal basic income ) is one proposed solution to dealing with growing wealth inequality and coming demographics and social changes that will make the notion of the 1950’s capitalistic “hard work” untenable in heavily automated world of tomorrow. BEME youtube video on UBI of course as the video above points out there’s ...

next US stock market correction like 90’s Japan Nikkie bubble? 1

next US stock market correction like 90's Japan Nikkie bubble?
Could the next stock market correction / crash be like the 1990’s Japan Nikkie Bubble? A question to ponder, as the stock market as of this writing at the close of  2017 has reaches all-time highs levels for all the major indexes.  Could we see a correction so severe and long lasting that it might ...

Topics I wish were taught in high school; but wasn’t ..

Topics I wish were taught in high school; but wasn't ..
Having grown up in the US and having gone through the public education system from K to 12 grade in the 90’s  , I have a pretty strong opinion  about some of BASIC LIFE KNOWLEDGE I SHOULD HAVE BEEN TAUGHT, but wasn’t. Rather as an adult I had to piece together this knowledge through experience. ...

protecting your IRA | 401k account for big stock market correction 2

protecting your IRA | 401k account for big stock market correction
It’s July 2018 , and the stock market has been on a tear since the US  2016 election (S&P 500 2181 Nov 7 2016) to today 2742 (Jul 1,2018) its been up 25.7%+  for the S&P 500 index., many stocks are richly valued. There’s a growing chorus of  market and economic experts (Jim Rodgers,  Peter ...

401k – a risky retirement and what you can do… 2

401k - a risky retirement and what you can do...
For those of that traditional corporate employment your’re likely familiar with the 401k, I’m going to outline there are substantial risks in 401k as your primary retirement account, if you blindly just let your money sit there and not manage your 401k assets, you may be in for a rude awakening. Finally I’ll suggest some ...

Everything you need to know, how to buy a used car on Craigslist 2

Everything you need to know, how to buy a used car on Craigslist
I have purchased my last three personal vehicles on Craigslist (CL) and have landed some great deals, saving thousands of dollars in most cases. It’s my personal belief  that CL is the best way to score tremendous deals on auto and truck sales, if your willing to do a little of the leg work and ...

Uber proves we don’t have a free market economy 2

Uber proves we don't have a free market economy
Uber the ride-sharing alternative to traditional taxi services, highlights one of the big myths of modern capitalism, that  one of the central tenants of a functioning capitalistic system is that of a strong  Free market economy. I feel we don’t have a true free market or worse have a corruptible free market, where those with money and ...