The following is a guest post by Frank Collins. Most people run into financial difficulty at one time or another, when the money they have just does not stretch far enough to pay for all of the bills and expenses. Unfortunately, there is a tendency for these difficult times to snowball especially during more difficult… [Read More]
What My Dysfunctional Aunt Taught Me About Wealth and Finances
This is a story by someone who is close to me, and is about how fortune, easily gained, can also be easily lost. From Riches To Rags… This is a story about an aunt and her husband who lived a very humble life. The story starts out when she ran away from home and eloped… [Read More]
Gold Versus Fiat and the Mother of All Bubbles
The price of gold has recently been shooting through the roof. As of the time of this writing gold is hovering near $1870. It seems like only a short while ago when I was wondering if $1500 was near. What’s going on with the price of gold? Is this the beginning of a mania phase… [Read More]
Weekend Reading: Shoot For The Stars Edition
So, what’s going on with the price of gold again? It is $1830 as I write this… and depending on who you talk to, gold is either in a huge bubble (which the same people have been saying since it broke $1000) or it is drastically underpriced (which another group of people have been saying… [Read More]
How Much Should I Save, and Why?
Me: Baby, how much should I save, and why? Her: How much? A lot. Why? To make me happy. We each have our own reasons for saving… what are yours? How much should I save, and why? Before we can answer this question, we need to ask another question: What is my time preference? In… [Read More]
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