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While saving for retirement is important, there are times when it makes sense to delay making investments. Most people invest for retirement in a tax-advantaged plan such as an IRA or 401k with early withdrawal penalties and adverse income tax…
In 2013, the FBI arrested a ring of identity thieves responsible for more than $13 million in losses over a two-year period, from 2007 to 2008. Tobechi Onwuhara, a Nigerian national, impersonated victims across the country to scam their credit card companies…
While there are a variety of investment options available to everyone, an astute investor must practice good fundamentals to control risks and optimize potential returns, including taking the time to be informed. As stated by Peter Lynch, renowned manager of…
Country wisdom is the collection of practical experiences gained by generations of pioneers, farmers, and ranchers as America transformed from a vast frontier to the world’s greatest economy. That experience – the result of constant trial and error – was…
The Consumer Price Index, or CPI, increasingly affects Americans of all ages, incomes, and location. Yet few citizens understand how it’s calculated, how it’s used, or its strengths and shortcomings. The CPI is one of the most important figures calculated…
Americans who pay Social Security taxes for at least 40 quarters of employment are entitled to retirement benefits. The amount you receive depends on the taxes you paid and your number of years of enrollment. In addition, spouses are entitled…
It’s good to be the boss. People in charge of an organization not only make more money, but they also have happier family lives, are more satisfied with their work, and worry less about their financial futures, according to a…
Most of us never lose that child’s desire for excitement and new experiences, but we come to believe that adventures are too expensive, too dangerous, or too physically demanding for us. As a consequence, we grow accustomed to comfort and…
I’ve never forgotten the details of my first purchase of an original oil painting, “Going Home” by cowboy artist Jimmy Cox in 1978. The scene is a panorama of a barren, West Texas prairie at dusk, the sky filled with…
In November 2008, an anonymous author using the pseudonym Satoshi Nakamoto issued the white paper “Bitcoin: A Peer-to-Peer Electronic Cash System,” which outlined “a system for electronic transactions without relying on trust.” This system, known as blockchain, became the basis…
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