Category Archives: ECONOMIC TRENDS

Why Entrepreneurs Rule the World

“In case you didn’t get the memo, jobs are dead.” -Kate Phillips, Total Wealth Coaching This week we are proud to feature a guest post by Kate Phillips in celebration of independent entrepreneurs who have left paychecks behind to create … Continue reading

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Is China’s Bubble About to Pop?

“China’s growth model is broken and can’t be so easily fixed.” – Michael Schuman in “The Real Reason to Worry About China,” Time Magazine Recently, China’s GDP slowed from around 10% annually to just over 7% a rate of growth still envied … Continue reading

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Target-Date Funds: Wall Street’s Betrayal of Main Street Investors

“Target-date mutual funds are another Wall Street crime with the Department of Labor driving the getaway car.” -Barry James Dyke, best-selling author and financial consultant. Target-date funds sound like a good idea, at least on the surface. Everyone knows that … Continue reading

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Target Date Funds: Why Have Investors Gone Wild for Auto-Pilot Mutual Funds?

“No other fund of any flavor has attracted so much criticism, and no other type of equity mutual fund has sold so well in recent years.” -Morningstar Target-Date Series Research Paper, 2010 Industry Survey Target-date funds have exploded onto the … Continue reading

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The Truth About Inflation, Part 2: CPI Smoke and Mirrors

“History is largely a history of inflation, usually inflations engineered by governments for the gain of governments.” – Friedrich A. Hayek, Nobel Laureate Economist Last week we discussed lifestyle inflation, the inflation that we create ourselves as we grow older … Continue reading

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Lifestyle Inflation: Taming the Habits that Escalate Spending

(The Truth About Inflation, Part 1) “I don’t mind going back to daylight saving time. With inflation, the hour will be the only thing I’ve saved all year.” – Victor Borge Have you ever gotten back into a VW Bug, … Continue reading

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Financial Flexibility: Saving Too Much in All the Wrong Places?

“More than 25% of Americans are dipping into 401(k) retirement accounts to pay for bills.” ~The Los Angeles Times, March 7, 2013 More people are raiding their 401(k)s than ever before, but not for retirement. According to CNBC’s report of … Continue reading

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