Category: Uncategorized
The Impossible Question: Just Who Is The Middle Class?
| February 10, 2011 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson The term “American middle class” is universally familiar but devilishly elusive. Incidentally, recent research has illustrated just how controverted this issue really is. There are several hypotheses, theories, and confounding factors pertaining to defining the middle class, and a long history dating back to a aristocracy and nobility. Let’s explore the impossible […]
How Would YOU Retire In 10 Years Round Up
| February 5, 2011 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson Compound interest is a wonderful thing! With a relatively small amount of money invested, you generate sizable wealth provided that your rate of return is reasonable and your time-horizon for needing the money is sufficiently long. Indeed, Albert Einstein has been quoted saying “the most powerful force in the universe is compound […]
Surprising Trend In Mortgage Defaults
| February 1, 2011 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson Even more foreclosures are expected to occur in 2011 than 2010, according to Realty Trac. Interestingly, there’s a new crop of homeowners that are defaulting on their mortgages, and it is not who you would initially expect. Homes without million dollar mortgages default at a rate of 1 in 12 whereas homes […]
Do Rich Parents Matter Round Up?
| January 28, 2011 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson Does parent wealth decide kids ultimate intelligence? There’s a loaded question with no easy answer, but a new paper has shed some light on this age-old question. Many parents will argue that even some of the most basic acts of parenting, such as choice of daycare or time allocated for television, can […]
Is a 15-year Mortgage For Everyone?
| January 25, 2011 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson There are few decisions that will likely impact your finances more than the place you choose to reside. If your house is your biggest investment, that typically IS the problem. That’s because few purchases will impact your cash flow as much, and your income is your most powerful wealth-building tool. Unless your […]
The Unheeded Warning Round Up
| January 21, 2011 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson Lately unemployment and the intricately-connected consumer spending have rightfully been the macroeconomic topics of the day; however, do you remember that thing called the housing bubble? Well, leave it to Bloomberg News to do a little controversy-inspiring digging into past transcripts from Open Market Committee meetings that show how the Fed ignored […]
Politics of Envy
| January 18, 2011 | Posted by Roshawn Watson under Uncategorized |
If I can’t have it, no one will! It is so insidious that it often goes unnoticed until it has festered and poisoned the soul. The undertones of much of the rhetoric have been so negative and divisive and suggests that envy could be driving our domestic economic policy. My concern is not political but […]
Personal Responsibility Round Up
| January 15, 2011 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson You are the key to your own success, but personal responsibility seems like such a rare character trait nowadays. This is problematic because the moment you make a quality decision to make changes in your finances, your life changes. Kevin shared this relevant quote earlier this week. The best day of your […]
The Fall Of The American Democracy!
| January 12, 2011 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson For the most part, China’s economy doesn’t seem to be missing a beat and is quite a force in the global economy. While modern China’s economy is blazing, the economies of Western democracies are growing more conservatively and still licking wounds from the recession. The late English historian, Alexander Tytler, has some […]
Is Money Your God Round Up?
| January 7, 2011 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson Is money your God? Before you answer, let’s rephrase it a little to a less inflammatory question “are your decisions being controlled by money?” If you have a decent income and reasonable expenses, don’t allow the economy to be your excuse to linger in financial mediocrity. Instead of focusing on the macro […]
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