I spent time last weekend with Steve Moore, the Heritage Foundation’s chief economist and a writer for The Wall Street Journal.
Just as the economy was recovering from the Great Depression in the 1930s, suddenly industrial production fell by 32%, unemployment rose to 20% and the stock market fell in half.
Expect more money to be spent to pay for senior citizens’ medical expenses, nursing homes, etc.
If you want to be wealthy, live below your means.” — Paul Merriman A few days ago, Thomas Stanley, author of “The Millionaire Next Door,” died in a car accident at the age of 71. I met Mr. Stanley at the Atlanta Investment Conference a few years ago (hosted by Martin Truax, a well-known stockbroker and money manager […]
Against traditional theory, the more a public company pays out in dividends, the more that company’s earnings grow.
Since the early 1990s, interest rates have gradually fallen — but can this last?