History has shown that success comes to the most unlikely of countries. In the 1950s, South Korea was in a squalid state. Having faced a brutal Japanese occupation (1910-1945) and getting involved in an arduous war with its northern neighbor North Korea (1950-1953),...
In 2004, Jason predicted the hollowing out of the middle class through a mass concentration of power and transfer of wealth. Well, it’s no secret that we are now experiencing this exact phenomenon. We have a mass affluent society today, but also mass poverty and a...
Statista.com told us this week (as if we already didn’t know) that US inflation has hit cars, meat and lodging. Last week, Jason talked a lot about shrinkflation and lodging is a prime example of this. At many hotels right now, even luxury ones, you are getting zero...
Debt is bad…. ….so says every financial guru on the web. Most notable being Dave Ramsey, one of the most prominent financial personalities who is very averse to the concept of debt. Now, I’m not going to be spending the bulk of this email bashing Ramsey. In fact,...
As an investment vehicle, the Individual Retirement Account (IRA) has been an unparalleled success ever since its creation by Congress in 1975 with the ERISA Act. Since then, permutations of the same basic tax-friendly structure have arisen, but none are viewed...