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Economy

“Global Shortages: How the World Ran Out of Everything”

“Global shortages of many goods reflect the disruption of the pandemic combined with decades of companies limiting their inventories. In the story of how the modern world was constructed, Toyota stands out as the mastermind of a monumental advance in… Continue Reading…

Personal Finance

“Americans Got Richer in 2020. Here Are 5 Charts Showing Who Benefited—and How.”

“Gross domestic product fell by 2.4% between the end of 2019 and the end of 2020, with roughly 10 million fewer people in jobs at the end of last year than before the pandemic. Yet the average American household was… Continue Reading…

Predictions, Opinions, & Comments

Deciding On A Side Hustle: How To Find Your Passion

Every now and then I talk to people from time to time about jobs or carriers in general. During these conversations one of two topics almost always emerges. Either they don’t like their job or they wish it paid more.… Continue Reading…

Personal Finance, Predictions, Opinions, & Comments

“Americans racked up $1,300 in holiday debt on average: How to get back on track in the new year”

“Use cash, not credit… Pick a debt repayment strategy…Consolidate balances…Make a post-holiday budget…” https://grow.acorns.com/2020-holiday-debt/ Those are the 4 tips. The link goes into further detail. Click the link if you want to know more. I have something important I want… Continue Reading…

Personal Finance

“How an 18-year-old has made more than $30,000 in about 3 years selling Lego online”

“Selling his old Lego pieces over the first six or so months brought Fiore about $200. Fiore, who is about to turn 18, has turned the side hustle into a business, Summerfield’s Toys, through which he sells different Lego sets and minifigures online… Continue Reading…

Business

“How to turn your side hustle into a full-time, well-paid job, according to 3 entrepreneurs who’ve done it”

“Be ready to put in the hours A longtime RV repairman, Randall Gibbons started answering people’s questions on JustAnswer, a site that lets people seek help on an assortment of topics, in 2009. In those first few years, he was making just $400… Continue Reading…

Predictions, Opinions, & Comments

Stocks: Short Selling Tip

I never thought about short selling in this way because I don’t short sell. This idea just hit me which seems so obvious that everybody that uses it will benefit when short selling. You know all those “bad companies” that… Continue Reading…

Personal Finance

Retirement: “Here’s how much money you should have saved by age 50”

“Although this guideline includes your retirement contributions and your investments, in addition to any cash savings, for many it can still be a difficult goal to reach. In a 2020 TD Ameritrade report, surveying 2,000 U.S. adults ages 40 to 79 with at… Continue Reading…

Investing

“What Is the Rule of 70, and How Do You Use It?”

“The rule of 70 is used to determine about how long it will take an investment to double in size while growing at a consistent rate of return. The rule is far from exact, but it can nonetheless help you figure out… Continue Reading…

Personal Finance

“Retiring with $1 million: How much you should save every month, broken down by age”

“…In fact, only 47% of retirees think they’ve built a large enough nest egg to last the rest of their lives, according to a 2020 survey conducted by the Transamerica Center for Retirement Studies. If your goal is to save $1 million, you’ll need… Continue Reading…