The Federal Reserve tries to help people out. But everything it does creates more inequality. As they say, the road to hell is paved with good intentions.
Sure, you could get “rich” by cutting a million little things. Those things do matter. But if you have seven figures in the bank, it’s okay to buy yourself a nice suit.
If you go to Jersey Mike’s to buy a sandwich, and you pay with a credit card, you are taking out a loan to buy a sandwich. It’s debt. But people don’t think about it this way. They think credit...
The market is going up because of retail investors. This is not the norm—99% of the time institutional money drives the market. But right now, people are plowing their stimulus checks into the...
People who believe they are lucky usually are, and good things will happen to them. Because they interpret every setback as an opportunity and keep moving forward. Academic achievements are...