No Recession And Trump Win In 2020: Mark Mobius

Mark Mobius, the founder of Mobius Capital Partners LLP, made a name for himself as a fund manager within the emerging markets industry. Mobius, now retired, has kept his finger on the pulse of current events and recently made two heavyweight predictions. The first is that there will be no recession in 2020. The second prediction […]

Money Manager Michael Pento: ‘We Are All Screwed’

Michael Pento, president and founder of Pento Portfolio Strategies, has sent alarm bells ringing with his latest statement on the markets. “When this thing implodes, we are all screwed,” Pento said of the economy.  “On a global scale, we have never before created such a magnificent bubble,” he continued. ““These central bankers are clueless, and […]

Bear Market? It Might Be Time To Look At Reverse-Weighted ETFs

Exchange-traded fund (ETF) investors may be looking to hedge their bets on whether or not the market will continue its decade-long bull market run. One such strategy is to limit the potential downside by purchasing a reverse-weighted ETF fund. Investors should be aware of the risks and adjust their portfolios accordingly. But setting aside a […]

6 Reasons Using a Bank Safe Deposit Box Is Actually Risky

The bank safe deposit box has been romanticized in action movies and political thrillers. Spies and criminals keep money, passports, and valuables in them until needed. Well, real life is not like the movies. There are probably 25 million safe deposit boxes in the United States. Banks rent them out on their own terms. There […]

6 Steps to Recession-Proof Your Finances

Recessions are typically accompanied by job losses and declining stock markets, which can make it tough for the average individual to meet their short- and long-term financial goals. With the following steps involving some financial planning and discipline, you can get past the recessionary phase with relative ease. Here are six steps that can recession-proof […]

This Country Possesses the World’s Largest Reserves of Gold

While people transact in dollars, the wealthy and governments transact in gold. The United States is No. 1 in this regard. The U.S. government has more than 8,133 tons of gold in its reserves. In fact, the United States has more gold stored in its reserves than Germany and Italy combined, which are respectively number […]

This is What Can Happen If You Don’t Pay Taxes

A comedian once said that death is painful, but it only happens once. Taxes, however, seem to get more painful every time politicians get together. It’s also an annual ritual of mental anguish for many Americans. Who doesn’t dread the annual encroaching of April 15th? Depending on your tax bracket, the average annual tax burden […]