Everything is Just Fine

Cognitive Dissonance In May of 2006 at the height of the housing bubble, then Fed Chairman Ben Bernanke gave a speech at the Federal Reserve Bank of Chicago’s 42nd Annual Conference on Bank Structure and Competition. https://www.federalreserve.gov/newsevents/speech/bernanke20060518a.htm. In the Q&A session he commented—”Rapid appreciation in house prices has made homeowners feel wealthy and has powered […]

What Happens in NYC Doesn’t Always Stay in NYC

What the Mamdani mayoral victory means for the rest of the country The Mamdani victory was not an isolated incident that will be limited to the crazy blue coast or just the Burroughs of New York. Bernie Sanders, Alexandria Ocasio-Cortez, and now Zohran Mamdani has the potential to grassroot across America over the next few […]

Many Americans Have Retirement Savings Stuck in ‘Junk IRAs’ | Money

I call it “Financial Prison,” but we can go with “Junk IRAs.” There is a better way to save and store your money for retirement where you have access to cash when you need it, without fees and taxes.   Source: Many Americans Have Retirement Savings Stuck in ‘Junk IRAs’ | Money

Here’s How Much You Should Save in Your 401(k) in 2025

Should always try to save and invest as much as you can afford, however, the worst place to save your money is your 401K and retirement accounts. This is financial prison for your own money that make it difficult to access and are taxed and penalized by the government for saving. Source: Here’s How Much […]