$1 of every $2 Americans spend is on real estate and transportation. It doesn’t have to be that way.
A stock market crash of 20% or more is coming. We all know it. Of course, it might not happen until the stock market triples first. So what do we do about it? It’s hard to believe that the right thing to do is nothing at all.
A quick slideshow on the divergence of Canadian and US house prices and household debt.
The New York Times posted an article today about how Canada has surpassed the US in having the wealthiest middle class in the world. The Atlantic hypothesizes that this is largely due to our inflated home prices. And if history is any guide, US workers might find themselves back on top in the near future.
27 year old couple with a $720k mortgage. The Canadian real estate market: 100% insanity.
A story from the front lines of the US recovery.
The daily action in the markets is a form of noisy, random, Brownian motion. If you are looking for a clear reason as to why stocks did what they did, then you are in the wrong line of business.
Chart that compares the returns of an average investor vs. different asset classes. Spoiler: The average investor gets trounced. Another reminder to put your money in a diversified portfolio and leave it alone.
Working for the government is more lucrative than working for the private sector. If that wasn’t already obvious to you.