Possible Effects of Global Imbalances on Investors

Possible Effects of Global Imbalances on InvestorsMcKinsey & Company’s Globalization’s critical imbalances in the McKinsey Quarterly report provides a readable summary of those issues along with some implications that, though they are directed at a corporate audience, provide food for thought for individual investors. Here are a few parts I think to be pertinent: “it would be wise to be prepared for the high probability of future financial shocks. To do so, most companies need to…

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Beware the Debit Card

Beware the Debit CardAs a society, we love the convenience that comes with swiping a piece of plastic. However, many of us are wary of credit cards. Debit cards, though, are connected to your checking account, so, in theory, what you spend is what you already have in the bank. As long as you are careful to record your transactions in a ledger or using personal finance software, you can still enjoy the…

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Financial Reboot

Financial RebootOne of the major tricks I learned when I was an I.T. dude, was how easy it was to fix problems if you told your customer, “Have you rebooted your system lately?”. I also knew this drove my customers nuts, but it worked most of the time, and they had to then go away, and I usually had a good chuckle. When I was at the Maundy Thursday service at…

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7 Credit Score Myths

7 Credit Score MythsCredit scores have become a major metric in our lives; if you are getting a car loan, mortgage or even applying for a job your credit score will have a significant impact on the decision. I believe everyone should check their credit reports on a regular basis, semi annually or quarterly if you have a credit score that needs improvement. Many myths have come about due to the mysterious algorithm…

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Top 6 Debt Myths

Top 6 Debt MythsAt some point in our lives we all have some sort of debt; student loans, mortgages and car financing are the most common types of debt we carry. Everyone seems to have his or her own opinions about debt and debt management; however there are a few myths about debt that most would agree on. Here are six most common debt myths, feel free to add your debt myth at…

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