Unless you’ve been hiding under a rock (or a gold nugget?), you’ve probably heard about the skyrocketing gold prices. As of this writing, gold is at $1425 USD! Only a few months ago, I don’t think most people other than a few gold bugs would have imagined prices shooting up so high, and so fast. [...]
Archive for the tag 'inflation'
Economics In One Lesson, by Henry Hazlitt: A book review Have you ever been confused when politicians speak of tariffs and subsidies? Does talk of inflation make your head spin? Henry Hazlitt helps clear away the fog of economics in his book, “Economics In One Lesson” (Amazon affiliate link). The one lesson is very simple: It’s [...]
23 Comments Kevin on Oct 26th 2010
Filed under Growing Your Wealth,Miscellaneous,Opinion,Philosophy,Saving Your Money
The Importance of Opportunity Costs, and Why They Should Not Be Ignored
Everyone is familiar with the direct costs of life. You feel it every time you take some money out of your wallet to pay for food, gas, or tuition. Are you familiar, however, with the indirect costs, and the choices that you make everyday? I am not referring to hidden taxes or fees (such as [...]
74 Comments Kevin on Oct 19th 2010
I recently read Barbara Friedberg’s 20 Minute Guide to Investing. This guide is an intro to investing that covers the basics of what you need to know, before you start investing. Barbara covers many topics, including the following: What should I do before I invest? Why should I invest? What is investing, and what are [...]
15 Comments Kevin on Oct 13th 2010
This week, my six-month giveaway contest came to a close, and I contacted the winners. I will announce them on the site as soon as I have received a confirmation from everyone. I had a decent response rate, although a few entries had to be disqualified due to invalid email addresses and similar problems! After [...]
26 Comments Kevin on Oct 1st 2010
Summer Heat Another week goes by, as I enjoy the last of the summer heat. Although I will miss the heat, I need my sleep! With a combination of a hot, stuffy apartment and ragweed allergies, I don’t think I’ve gotten more than about 4-5 hours of sleep a night. Posts of the week I [...]
22 Comments Kevin on Sep 3rd 2010
Happy Canada Day weekend! In today’s weekend reading, I highlight posts that focus on the economy and investing, with a couple extra posts thrown in for good measure! Here it is:
7 Comments Kevin on Jul 3rd 2010
What is fear? Why do we experience fear, and how does it affect us? Well, fear is quite simply one of the most basic and primal emotions that we are capable of experiencing. Most animals share this emotion with us, from mice to men. Fear is the drive that takes us away from danger, and [...]
25 Comments Kevin on Jun 30th 2010
Filed under Weekend Reading
Summer Weekend Reading
It’s the middle of the summer, it’s hot, and the longest day of the year is coming in just a couple of days! Here are some interesting links of the week:
8 Comments Kevin on Jun 20th 2010
This is the fourth and final post in a series of articles on living to 100 and beyond. This post was originally published on June 12, 2010. Traditional retirement planning is made with one main assumption in mind: after you retire, you will only live a couple of decades at most, and you will be [...]
41 Comments Kevin on Jun 12th 2010
