Monthly Financial Headlines
I write for several monetary media shops and every one has a dual mission. First, they have to inform with cogent analysis and an honest monitor file of being right. Second, they must maintain the reader/viewer’s curiosity by being attention-grabbing, if not entertaining.
No one in their proper mind is going to pay $2,000-$3000 a month for health care insurance coverage for their family. (So we’ll let the federal government pay for it, and we cannot need to pay any premiums. Our taxes will go up by $15-$20k a yr over the subsequent few years, but hey, you will not be capable of prove it was well being care that induced it).
These traders failed to keep in mind that what matters shouldn’t be what the market did in the final day, week, month or even yr, but what it’s prone to do sooner or later — and never just the coming day, week, month or even 12 months, however the next few many years. In any case, when you’re investing to your lifetime, then let’s look out throughout all those years. And when you have only a few years — for instance, if you already know you may spend …Continue reading