Psychological Trick to Reducing Expenses

by

by Chi_FIRE We don’t talk a whole lot in this sub about expense management, despite the fact that it is a critical component of financial independence. Some expenses are harder to reduce than others. For me, it was eating out at work. Nearly every day I’d spend about $8.50 for a mediocre burrito, sandwich, or … Read more

Interesting Statistics for those people who will stop working because they are financially independent

by

by KillingTime56 Many people are afraid to stop working even though the experts would say they are financially independent. Though stock market returns in the future maybe different than in the past a study of stock market behavior in the last 50 years show past results is a good indicator of the future because over … Read more

Snapchat loses 2M more users and shares sink despite business growth

by

Snapchat continued to shrink in Q3 2018 but its business is steadily improving. Snapchat’s daily active user count dropped again, this time by 1 percent to 186 million, down from 188M and a negative 1.5 percent growth rate in Q2. User count is still up 5 percent year-over-year, though. Snapchat earned $298 million in revenue with an EPS loss … Read more

If a housing bubble existing in the USA collapsed international markets in 2008, would a housing bubble occurring in Asia, Australia, Europe and New Zealand collapse international markets in the near future?

by

by Macropod Why do I ask? When I visited China last month, I learned that an apartment in Beijing and Shanghai costs $10,000 USD per sq. ft. Yeah, whoah! Not only this, but the inflation rate is so high that investing in real estate wouldn’t have paid off. Would be nice to have someone validate … Read more

How Derivatives Work

by

by Chris They are accounted for using a “net” position. Example:  Imagine that DB has sold a credit default swap to party A, but then also bought a credit default swap from party B on the same underlying position.  Let’s say each CDS derivative was for $1 billion.  One is a bet that some entity … Read more

A Visual Guide to State Taxes

by

by howmuch The midterm elections are right around the corner, and President Trump just announced he wants to cut middle class taxes by 10 percent. It’s obvious people don’t like paying taxes, and letting workers keep more of their paychecks could be a ploy to boost GOP turnout ahead of a pivotal election. But state tax rates vary … Read more

10 Numbers That Prove That We Are Rapidly Becoming A Nation Of Government Dependents

by

by Michael Snyder As the middle class disintegrates and poverty grows, more Americans than ever are becoming dependent on the government just to survive.  Today, we live in a country where most workers do not earn enough to support a middle class family, and we are seeing the homelessness crisis spiral out of control in major cities … Read more

Where Does The Tradition Of Wearing Halloween Costumes Come From?

by

by Michael Snyder The modern tradition of wearing costumes on Halloween can be traced back more than 2000 years to the Celts of ancient Britain.  During a Druidic festival known as Samhain, which is still celebrated by Wiccans and other modern pagans, revelers would often wear masks or costumes.  In modern times wearing costumes is considered to … Read more

CBS News Actually Blames Russian Bots for Creating The Political Environment Ahead of the “Pipe Bombs” Event Yesterday

by

CBS News went on the air yesterday and attempted to place blame on those pesky Russian Bots for the pipe bomb mailings yesterday. In true Democratic party style, the party seems incapable of doing any kind of introspection and seems more then willing to blame EVERY SINGLE problem the party has, on Russia. https://youtu.be/EeyZm1wvQ3A h/t WeAreTheResistance

Is the Fed’s Medicine “Gradually” Pricking the Commercial Real Estate Bubble?

by

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “People are concerned about all that capital chasing limited opportunities.” After a decade of “emergency” measures such as QE and zero-interest-rate policy designed to pump up asset prices – now ended – we get this: “Everyone is worried where things are headed,” explained Matthew Anderson, managing director at Trepp a data … Read more

Migrant Caravan Grows to 10,000 Then Greedy Democrat Admits What He Wants To Do for His NEW “VOTERS”

by

https://www.youtube.com/watch?v=NT8c_qW0UoE Jack Davis for the Western Journal reports, A Democratic senator criticized President Donald Trump for his call to block a caravan of migrants from reaching the United States and said the United States should help the mass of people moving northward through Mexico. Read More/Source/Credit/FairUse: https://www.westernjournal.com/democr…

FANGS Bite the Big One After Hours

by

by Jesse The spokesmodels, cheerleaders, and stock pimps were all smiles today as the equity indices were bouncing back hard. But alas, after the bell both Amazon and Alphabet, the behemoth formerly known as Google, shit the bed on their financial results, and the futures headed south with a vengeance. Gold and silver were off … Read more

Can the US Troops Deployed at the Border Stop the “Migrant Caravan”?

by

By Chris Black As I already predicted in yesterday’s article (Midterm Distractions: Pipe Bombs, George Soros Funded Caravans and Conspiracy Theories), the Bombocaust is already starting to show signs of being nothing more than a false flag:   Wow, potentially explosive devices…as in, this is potentially big news. By the time everyone has already forgotten … Read more

WHOA: Dems TERRIFIED After Minnesota GOP Senate Candidate Suddenly Vaults Into Competitive Position

by

https://www.youtube.com/watch?v=6QwYI6hkkho Hank Berrien for the Daily Wire reports, A new Star Tribune/MPR News Minnesota Poll found that Republican State Sen. Karin Housley is making her battle against Sen. Tina Smith, the Democratic incumbent, into a real horse race, as she trails only 41% to 47%. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/37468/…

The Average Stock Is Overvalued… “Somewhere Between Tremendously & Enormously”

by

Authored by Vitaliy Katsenelson via RealInvestmentAdvice.com, My business is to constantly look for new stocks by running stock screens, endlessly reading (blogs, research, magazines, newspapers), looking at the holdings of respected investors, talking to a large network of investment professionals, attending conferences, scouring through ideas published on value investor networks, and finally, scouring a large … Read more

There’s a big gap between the polls and how it feels like this election ought to go

by

CONRAD BLACK: About That ‘Blue Wave.’ Those repelled by Trump will not soften until he has retired as president, as with those who hated Franklin D. Roosevelt for spurious ideological or mythic reasons (such as that he gave Eastern Europe to Stalin); or those who disparaged Reagan as “an amiable dunce,” in the words of Clark … Read more