In 1863, President Lincoln declared the last Thursday in November to be a day for "thanksgiving and praise." It's a tradition that managed to stay that way until 1939 when worried retailers begged President Franklin Roosevelt to make Thanksgiving a ...
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The Big Problem with Cryptocurrencies
As the dollar price of bitcoin continues its seemingly inevitable ascent to $100,000, more and more people are jumping on the cryptocurrency train. After all, who can blame them? Many people who invested in bitcoin since its inception in October 2008 ...
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Black Coffee: Onward and Upward
It's time to sit back, relax and enjoy a little joe ...
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance.
I've got a busy weekend to attend to, ...
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100 Words On: A Guaranteed Way to Preserve Your Wealth
Fiat-based paper currencies facilitate commerce by acting as a medium of exchange that's far preferable to bartering. Unfortunately, governments that wish to spend beyond their means can -- and do -- print fiat with impunity, thereby leading to ...
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5 Personal Finance Tenets That Aren’t as Smart as They Used to Be
When I was a kid I used to love the fun houses found at summer carnivals and local fairs.
I loved the sense of twisted reality provided by image-distorting mirrors and the wacky side-rooms where water appeared to flow uphill and it was nearly ...
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Black Coffee: Back in the USSR
It's time to sit back, relax and enjoy a little joe ...
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance.
Another busy week is crossed off the ...
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How to Get Started with Currency Trading – The Right Way!
The trading of currencies is a common activity around the world. The market for foreign exchange -- commonly called"the Forex market -- is the place where currencies are traded. There are many similarities in the foreign exchange (FX) market as well ...
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Silver and Gold: The Superheroes of Wealth Preservation
Back in 1964, a gallon of gasoline cost about 25 cents in the United States. That's right. Believe it or not, way back in 1964, you could buy a gallon of gas for a quarter.
It just so happens that 1964 was the last year that the US Treasury minted ...
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Black Coffee: Half Truths and Whole Lies
It's time to sit back, relax and enjoy a little joe ...
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance.
I hope everybody had a wonderful week. ...
Continue reading Black Coffee: Half Truths and Whole Lies
100 Words On: How to Increase the Odds of Booking an On-Time Flight
Whether you're traveling for business or pleasure, flight delays are the bane of every commuter. Government statistics consistently show that morning flights departing between six and seven have the best on-time records, with a steady decay in ...
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True Story: What Happens When You Can’t Pay the Restaurant Bill
I didn't eat out too often as a kid, but when I did, you can bet I almost always enjoyed it.
I remember Dad always used to joke that he didn't have enough money to pay the restaurant bill. "Well, it looks like they're going to make us go into the ...
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Black Coffee: More Market Mayhem
It's time to sit back, relax and enjoy a little joe ...
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance.
I hope everybody had a terrific week. ...
Continue reading Black Coffee: More Market Mayhem
9 Things We Routinely Overpay For
Nobody likes overpaying for stuff. Even so, many people do it without even realizing it.
The good news is, by getting the urge to splurge under control, it's possible to save significant amounts of cash that can be used to stretch your household ...
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Black Coffee: Carnac and the Cookie Monster
It's time to sit back, relax and enjoy a little joe ...
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance.
This edition brought to you by the ...
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100 Words On: How to Quit Dreaming and Start Doing
Robert Louis Stevenson said that there can be no fairer ambition than to excel in talk. And while that may be true for the dreamers in life, successful people know the world will always depend on doers -- folks who are motivated to follow through and ...
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Black Coffee: The Power of the Purse
It's time to sit back, relax and enjoy a little joe ...
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance.
I've got a busy weekend to attend to, ...
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Mailbag: When It Makes Sense to Take the 401k Withdrawal Penalty
I'm a middle aged male, but have very little in my retirement because I never really see myself retiring in today's America. I have around $7500 in my 401k. Should I pay the penalty, which would give me about $4500 afterwards and put this money ...
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Black Coffee: Playing With Fire
It's time to sit back, relax and enjoy a little joe ...
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what's been going on in the world of money and personal finance.
I hope everybody had a wonderful week. ...
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100 Words On: Why It’s Time to Eliminate the Penny
It's been a decade since Canada announced it would no longer mint pennies. That makes a lot of sense; perhaps America should follow suit. In 1913 the once-proud penny had 23 times the purchasing power it does now. Today, the penny is essentially ...
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5 Strategies for Protecting Your 401(k) Savings from Economic Collapse
After more than a decade of the Fed's reckless monetary policies -- in particular, persistent near-zero interest rates and their relentless de facto currency-printing campaign better known as "quantitative easing" -- the financial system has been so ...
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