Economics, Values, and InvestingEconomics, Values, and InvestingReporting on sinking state of the US economy, what lead to this point, and what we can do to help ourselves. Discussion also includes business, starting business entities, economic trends, commodities, real estate, stock investments, other forms of i
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Current Inflation and Debt
2007-04-12 16:21:00 How high is the Outstanding Public Debt ? Do you believe what Washington is telling you about inflation? Is it really running at about a 3% annualized rate? According to the Wall Street Journal Health care costs rose 10% in 2006.The average property tax has jumped 27% since 2000.Tuition at private colleges has been rising at an annual average of more than 9%. The national median tuition for one year at a private school (including room and board) is now $33,533!Tuition at public universities is also rising sharply, up 6.2% in 2006.And in just the last three years, the average grocery bill for a family of four has skyrocketed from $280 to nearly $400 a month. That's a 42% increase, or an average annual inflation rate of 14%!Other Interesting Tid-bitsSince the expansion began at the end of 2001 the economy has grown 16%.Since the 1970s, typical worker's pay has grown only 0.3%, adjusted for inflation.The share of total income going to the r... More About: Trends , Inflation , Current , Rent
Starting an Investment Club
2007-04-12 00:43:00 What is and investing club a person may ask? An investment club is a group of people who come together to learn, share investing knowledge & experiences, and help each other become more successful. At group meetings?usually held monthly?members pool their investments dollars, review studies of stocks presented by club members, and select one or more stocks to buy, or in the case of some clubs real estate. Many novices have become extremely wealthy through such clubs.AdvantagesInvestment clubs provide a fun, supportive environment for novice investors to learn the basics of investing, as well as an environment to share their knowledge. Another important advantage is that a club creates buying power. Most clubs pool their investment dollars to invest in stocks, or real estate, that have the most potential growth.The investments selected and the personality of each club is determined by the personalities and experiences of the individual members who make it up. All members can have a d... More About: Investing , Vest , Club , Tart
Global gold output fell to 10-yr low in 2006
2007-04-10 22:32:00 Notes From Mining Weekly: Global gold production fell to a ten-year low last year. A survey released Wednesday (April 4) showed a substantial decline of 3%, or 79 tons.North America and Africa are the main sources of the production declineNorth American output declined by 26 tons.Africa?s output declined by 17 tons.South Africa?s gold production dropped to an 84-year low in 2006, registering a 7,5% year-on-year decline.Oceania's production fell by 21 tons last year. Latin America was the only region to return a meaningful rise, posting a 35 ton, or 7% increase. Still the world?s largest mine, Yanacocha, registered a sharp 22% drop in output in 2006.New mines, such as Veladero, Amapari, Mulatos and Choco 10, located in Argentina, Brazil, Mexico and Venezuela, generated over 20 tons of new gold in 2006. More About: Gold , Trends , Markets
Avoiding & Reporting Internet SCAMS
More articles from this author:2007-04-06 01:43:00 When online looking for a job, business opportunity, or investment , SCAMS are everywhere. If you are a victim of such a scam or want to read up on what is new here is the site you need to know about: http://www.ic3.gov/ .The direct link to crime prevention tips is: http://www.ic3.gov/preventiontips.It gives simple easy to understand tips on avoiding and recognizing the following type of fraudulent activity within these categories:Auction Fraud Counterfeit Cashier's CheckCredit Card FraudDebt EliminationDHL/UPSEmployment/Business OpportunitiesEscrow Services FraudIdentity TheftInternet ExtortionInvestment FraudLotteriesNigerian Letter or "419"Phishing/SpoofingPonzi/PyramidReship pingSpamThird Party Receiver of Funds It is well worth reading and very educational.Another good tip is to look up the company in question on search engines such as google or yahoo. You will often find a lot of postings by people who have been burnt. That alone can save you lots of money, frustrati... More About: Scams , Repo , Scam 1, 2 |
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