The first step to a better future is to get your spending under control so there is money over each week/month.

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byĀ deejay1974 Even people on very low income manage to save, and people on high incomes sometimes don’t – in both cases the key to success/failure is spending less than you earn. Even a few dollars less is enough to start (although it won’t get you there fast), but just a few dollars too much snowballs. … Read more

The Rising Tide of Civil Unrest Globally

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by Martin Armstrong COMMENT:Ā Hello Martin, thanks a lot for your awesome work. I am from Germany and just wanted to let you know that the political situation here is more and more becoming like 1933. Last week, there was a bombing of an AFD office in Dƶbeln (Saxon). Luckily nobody got injured. Yesterday one AFD … Read more

FITTON: THE WALL — Congress dithers as our border is under assault. And there is a public health emergency! President Trump should deploy our military to secure our border.

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by TFittonJW Recent interview with NewsMax: Judicial Watch tells the truth about the border:Ā https://www.judicialwatch.org/blog/2019/01/crisis-of-seriously-ill-migrants-slams-border-patrol-tb-pneumonia-influenza-parasites/ Weeks after mainstream media outlets reported that illegal immigrants donā€™t bring disease into the United States, the Border Patrol reveals that it is getting slammed daily with dozens of illegal immigrants carrying ā€œserious illnesses.ā€ This includes tuberculosis, influenza and pneumonia. In … Read more

This is as Elliot Wavey as ill ever get

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viaĀ @hks55: still the play $SPX Emerging markets. If there was a constructive case I would have expected it to eject out of this channel with lower oil and softer dollar recently. Yet nothing. Should continue its descent soon. consolidations are becoming shorter and shorter at higher and higher levels. like a volcano that is building … Read more

Loan payment way too high for what you make?

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byĀ sir_richard_head   Step 1:Ā You need to start a proper budget. What you have above is a decent “back of the napkin” math, but you really need to keep a ledger or use an app to help knowĀ exactlyĀ where your money is going. If you don’t have a budget, then don’t waste anyone’s time talking about your … Read more

I’m young and everyone tells me to invest now. I know absolutely nothing and it stresses me out, is it worth it to learn?

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byĀ aceman97   I would do the following: 1) if you are working and your employer offers a 401k plan. Participate. 2) choose funds that have low fees. Normally the funds with lowest fees are your index funds. 3) if your employer doesnā€™t have a 401k, open a Roth IRA at Vanguard, Fidelity, or Schwab. 4) … Read more

Your AM Global Stocks Preview and a whole lot more news that you need to read: Global stocks rising again today on trade optimism with the conclusion of US-China trade talks

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by QuantalyticsResearch US Stocks Global stocks are advancing again todayĀ with US-China trade talks ending on what is reported to be a positive note, after the talks were extended an extra day Press reports are that the US and China are coordinating a final message, and will try to highlight where progress has been made; no … Read more

Reading List To Become A Better Investor

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by oldreddit   Below is a list of books I curated from around a dozen “best of” reading lists to become a better investor. Personally, I am interested in a career as a portfolio manager and would like to devour any books that may help in that regard. How would you rank, rate, and/or review … Read more

Beginning January 22, 2019, Vanguard will no longer accept purchases in leveraged or inverse mutual funds, ETFs (exchange-traded funds), or ETNs (exchange-traded notes)

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viaĀ vanguard: Beginning January 22, 2019, Vanguard will no longer accept purchases in leveraged or inverse mutual funds, ETFs (exchange-traded funds), or ETNs (exchange-traded notes). If you already own these investments, you can continue to hold them or choose to sell them. You’ll simply pay the same commission you would to trade individual stocks. You can … Read more

Junk bonds lose 43% of their value from here as this chart suggests we will be in a depression…..Gundlach: “By historic standards 62% of Triple B rated bonds should be considered junk status right now BUT are not”

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Monster rally in U.S. junk-bonds currently underway. pic.twitter.com/W11bqrupdm — Tracy Alloway (@tracyalloway) January 8, 2019 Gundlach: "By historic standards 62% of Triple B rated bonds should be considered junk status right now BUT are not" — John Caruso šŸŒ (@JCarusoRJO) January 8, 2019 https://twitter.com/hks55/status/1082772415921438721 The market has decided that a #Fedpause may not be enough; … Read more

Wall Street Warns: Get defensive, growth is slowing in nearly every corner of the world

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viaĀ businessinsider:   As concerns of a slowdown in global growth swirl, some experts on Wall Street are suggesting investors bulk up on defensive holdings. Goldman Sachs just told clients to “increase portfolio defensiveness,” and Bank of America said investors’ exposure to “low quality” stocks was a key risk this year. The calls come amid continuedĀ US-China … Read more

Court gives Sears new life, allows Chairman Eddie Lampert another chance to save retailer

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Sears is giving Chairman Eddie Lampert another chance to buy the company out of bankruptcy and save roughly 55,000 jobs. Sears on Tuesday had planned to tell the bankruptcy court it had rejected Lampert’s offer to buy the retailer, after it fell short of covering its bankruptcy expenses. Lampert, though, protested the decision, highlighting the … Read more

Welcome to the Bird Box: Northman Trader’s 2019 Market Outlook

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byĀ northmantrader The cataclysmic action of Q4 left investors shellshocked as stocks plummeted and over 90% of US Dollar based asset classes ran a negative return for 2018 going against all Wall Street forecasts. Macro monsters from trade wars, Brexit, slowing growth, a slump inĀ global property prices, political uncertainty, yield curve inversions, deficit explosions, technical breakdowns … Read more

Housing Bubble Trouble in the Seattle-Bellevue Metro

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter With Seattleā€™s economy still strong, the downturn isnā€™t caused by layoffs & defaulting mortgages. The fabulous bubble has run out of steam on its own. Inventory of houses and condos for sale in King County ā€“ which includes Seattle and Bellevue but does not include Tacoma ā€“ surged 148% in December, … Read more

If We Can No Longer Tell the Truth, We’ve Failed

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by Charles Hugh-Smith The Gulag Archipelago is not a distant memory; it lives on in every modern state, cloaked with modern-day technologies and the well-worn tools of suppression. The last thing addicts want to hear is the truth:Ā the only thing more terrifying than the truth is the possibility that they will lose access to whatever … Read more