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How to invest cash that’s meant for savings is the number one question clients are asking these days. With interest rates so low, keeping cash aside for near term tax payments, home down payments, tuition bills, etc seems fruitless. Unfortunately, … Continue reading
We don’t pay much attention to gold, believing that the price of the metal depends more on what someone is willing to pay for it as opposed to some intrinsic value. However, the near crash in its price has caught … Continue reading
Those of a certain age will remember the words of this title as a commercial by a company that manufactured audio cassettes. The point was, the tape recording was so real it could not be distinguished from a live performance. … Continue reading
Last night, the “bailout” deal coalesced in Cyprus, who’s troubled banking system is massive relative to its tiny economy. The bailout entails an immediate confiscation of 6% to 10% of depositors funds – and we mean “immediate”. Despite today being … Continue reading
This year about $85 billion of cuts to the discretionary portion of the US budget will be implemented, at least under current law which, as we know, could change. Dire consequences have been forecast. Could these forecasts come true? First … Continue reading