This is not an educational post. Instead, this is a post about discovery since I don’t quite understand President Obama’s American Jobs Act. One of the key initiatives of the jobs bill is “extending unemployment benefits further” given how bad the labor market is now. I’m in full support of this ~$450 billion dollar bill, […]
Take Advantage Of Unemployment Benefits And Milk ‘Em Dry Read More »
The September 7th Republican Presidential Debate makes it absolutely clear that President Obama will get re-elected in 2012. Here are my thoughts on each candidate post Republican Presidential debate. I’m editing this post in 2021 and Obama obviously won. Then Trump won. Now it’s Joe Biden’s turn to lead. However, I plan to retire under
First Republican Presidential Debate Makes President Obama A Winner in 2012 Read More »
Ever wonder how long does it take to become a millionaire? The answer depends based on your education, income, effort, career, and luck. In my case, it took a little over six years to become a millionaire after college because I landed a good job in finance and saved over 50% of my after-tax income.
How Long Does It Take To Become A Millionaire? Read More »
We’ve all been Socialists once and we will likely all be Socialists again. Socialism is an ideology focused on helping the masses. And after a global pandemic where millions have been hurt through no fault of their own, Socialism could rise again in popularity again. When we were growing up, we had to depend on our
Socialism As A Means To A Brighter Future Read More »
The debt ceiling debate hurt us in 2011. Let’s have a revisit. So you’re giving back gains in the stock market and having a difficult time finding a job thanks to the threat of higher taxes and a government default. Meanwhile, you’re losing purchasing power as the US dollar goes to zero, while your savings
Debt Ceiling Debacle’s Bright Side: Standing Up For What You Believe In Read More »
There’s a belief that growing up, we all start off as fiscal liberals given we have little-to-no income and depend on others to support us. As we start supporting ourselves we turn more fiscally conservative, believing we know how to spend our money better than the government does. Finally, when we retire, or make so
The Wealthiest Members Of Congress Blow You Out Of The Water Read More »
Someone once said “there’s no such thing as a free lunch”. They lied. With $50,000 a year, you can buy yourself 5,000 free lunches thanks to the generosity of the government! What are you talking about, I can hear you thinking. It’s pretty simple really. In addition to giving struggling homeowners a free $50,000 over a
How To Make $50,000 A Year For Free From The Government Read More »
Do you want a bailout gift from the government? Well, it’s happening all the time with the CARES Act, enhanced unemployment benefits, stimulus checks, and more. The fact of the matter is, we paid for the bailout gifts through taxes. The Emergency Homeowner Loan Program, or EHLP, aka Government Big Daddy Bailout Fund will provide
Free $50,000 Bailout Gift From Government To Homeowners! Read More »
Greece is in trouble. Will Greece default and blow up the world? Maybe. 16.8%. That’s how much the current Greek 10-year bond yield is producing thanks to their debt mess. 16.8% is a juicy 13.9% higher than the current US 10-year yield to put things in perspective. The question on everybody’s mind is will lawmakers pass
Will Greece Default And Blow Up The World? Read More »
If you haven’t heard, our broke government wants to get its hands on the online poker industry’s potentially US$6 billion dollar annual revenue pie. They’ve frozen bank accounts linked with Full Tilt Poker, Poker Stars, and Absolute Poker and have indicted 11 founding executives of the companies. All totaled, the government wants US$3 billion in
Online Poker Crackdown Is Good News Read More »
