Using the logic of Michael Masterson, we find a way to define the income needed to support a given lifestyle. According to Masterson, the value of the home determines a family’s expenses and that it will cost you 40% of the value of your home every year to support the lifestyle that goes with the home and neighborhood.
China and the US are in an escalating currency war. China has been keeping their Yuan currency artificially low and hoarding trillions of US dollars to keep its value high. The US Federal Reserve is responding with “Quantitative Easing”, a big name for creating money from nothing.
Four years ago investing in new shale extraction technologies were risky. Today, these new shale extraction processes are proven and they are rapidly increasing the availability of cheap, domestically produced energy. At the same time, new energy saving technologies have also been proven and are being deployed throughout the US.
Researchers are pointing to the lack of omega-3 fatty acids in the average American diet as one of the primary causes of the growing obesity epidemic. Americans’ diet of processed and fast food and changes in what livestock are fed has resulted in an absence of omega-3s.
Many think that the Federal Reserve’s sudden creation of $600 billion will cause hyper-inflation. However, when calculating the relative “inflationary” value of the new $600 billion compared to the huge dollar value that was created by the housing bubble, the Fed’s amount is very small in comparison.
The real inflation between 1980 and 2010 is substantially larger than figures published by the US government claims, particularily for the stuff that makes up the American dream.
The cyclical movement of alternating current between positive 120 volts and negative 120 volts has a lot of the features of the cyclical movement of the real estate market.
Genetically engineered corn based sugars have been replacing crystalline sugar in almost every food we eat since 1970, yet they have a completely different composition with health implications that researchers are just starting to study.
The challenge with life’s opportunities is that you can’t take them all; you have to pick them and pick well or live a life of regrets.
Even with the image of depression-era investors jumping from skyscrapers after losing their fortune rooted in our culture, people underestimate the risk of an investment going bad to their health and well being.
Every year since 1996, Americans have been unknowingly ingesting a greater percentage of genetically modified and engineered foods by eating corn, soy, cotton products and through food additives, flavors, and vitamins.
The key to creating wealth, with the ultimate purpose to live off your investments, is to achieve far better returns from stock than the S&P500 without a corresponding increase in risk.
Recent USGS studies have shown that mercury levels in the North Pacific Ocean have increased about 30% over the last 20 years and are continuing to rise, mostly due to the daily addition of coal burning power plants in China.
A study on the relationship between a person's BMI and financial net worth found that gaining weight resulted in a loss of wealth and returning to a prior healthy weight restored a person’s financial losses.
A study showed people with high credit scores are 50% more likely than people with average or low credit scores to walk from an underwater mortgage that they can still afford, believing that a foreclosure will be only a minor ding to their credit score.