Category: Investing

Get the latest news and tips on investing from the perspective of entrepreneurs, side hustlers, and small business owners.  You may not have a million dollar stock or cybercurrency portfolio today but that doesn’t mean investing isn’t important to you. We’re here to help.

Credit Card Debt Could Reach $1 Trillion This Year?

How much do Americans collectively owe in credit card debt? The way things are headed it could be as much as $1 trillion by the end of 2016 which would be a new record. It may seem strange that the amount of debt is actually growing while the economy is improving but it seems that, while consumers are spending more, they're getting slower at paying off their debts. According to...

Tax Day 2016: Where Does Your Tax Dollar Go?

Today — April 18th — is Tax Day 2016 when millions of procrastinating Americans are sending off their 2015 tax returns to meet today's filing deadline. When preparing your return you often have to break down your earning and spending into categories and see where at least some of the money you brought in went. So have you ever wondered where the money you pay in taxes goes specifically? Obviously we...

The Fight for $15: Who's Winning So Far?

Over the past several months fast food workers across the nation have made headlines by hosting nationwide walkouts and other demonstrations as part of what they call "The Fight for $15." Their demands for a "living wage" of $15 have been echoed by those in cities like Seattle, San Fransisco, and Los Angeles which have all passed bills to raise the minimum wage to $15 as well as presidential candidate...

What Does Middle Class Mean?

Politicians spend a lot of time talking about the middle class. That's likely because that term has traditionally applied to the largest single segment of the population. While that remains true it now seems that the middle is shrinking. Further complicating things, as USA Today recently noted,  defining exactly what "middle class" means still seems to be a moving target. In a survey conducted in April 2015 by Gallop 51% of...

Saving Your Tax Refund? That Could Be Hurting the Economy

Whether you think of it as "tax season" or "refund season" the time of year is now upon us. This year 66% of Americans are expected to receive tax refunds with a total of over $330 billion heading back to consumers. So how are taxpayers planning on spending that many? Answer: many aren't. According to Bloomberg nearly half of those surveyed say they'll be adding their tax refund to their savings...

U.S. Economy: The Game of Political Smoke & Mirrors Continues

On February 5, 2016 President Obama addressed the nation to announce national unemployment “dipped to 4.9 percent in January” noting “151,000” jobs were created during the month. Obama used this opportunity not only to quell public anxieties over rumors of a looming recession in 2016, but also scolded GOP presidential candidates for stoking the flames. However, given job rates tend to increase around the holiday season – hence the term...

Is U.S. Housing Investment Under Threat of an Impending Slowdown?

It's no secret 2016 started off in precarious fashion as several U.S. stock indices tumbled on news of China’s slowing economy, weakening international crude oil prices, and quietly transmitted rumors of a looming recession. Upon these revelations and other market performance indicators, the FOMC announced last week “to maintain the target range for the federal funds rate at ¼ to ½ percent” in accordance with “its objective of maximum employment...

U.S. Trade Imbalance Trending Behavior

Since the early 1990’s the United States has and continues to suffer trade imbalances, or trade deficits, of substantial and growing proportions with several foreign nations. For those unfamiliar with the term balance of trade (BOT), it is simply the difference between a country’s imports versus its exports. For nearly 2.5 decades U.S. leadership has apparently permitted (to the extent supported) this economic disparity to manifest into an extremely lopsided...