CNN reports statistical data from the U.S. Bureau of Labor Statistics. From mid-2003 to mid-2005, some counties had moderate wage growth of about 3%, whereas others had losses of up to 4%. Overall, the average American’s inflation-adjusted wages were nearly flat.
I’m not the first to broach the subject of buying versus renting a home, but I was surprised by what I learned from the February issue of Best Life. On page 30, in an article titled “Rental Case”, they discuss evaluating the home rental market in a way similar to stocks. They [...]
Americans are the world’s worst savers. Well, almost - they’re actually tied with the Portuguese.
The results are from a recent ACNielsen survey - CNN reports the results with statistics on consumer spending and saving.
The Saturday Evening Post has a great article called When to Sell a Stock. They incorporate the views of Buffett and Phillip Fisher, and the idea they put forth is this: if you understood the story of the company and did your due diligence before buying the stock, the only reason to sell [...]
CNN’s got a great article about why building their net worth is hard for young adults in their 20s and 30s. One theory - that the piles of student loans, credit cards, car loans, and other regular debt payments have got most people all tapped out. They call this “paycheck paralysis”.
Take a look at this picture. What do you see?
For the sake of argument, those dots represent the last three closing prices of a stock. The last three days the stock market was open, that’s the last price it sold at.
The exact stock ticker is not important. In fact, the exact price [...]