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The Nouveau Riche and the U.S. Tax Code: A Tale of Unequal Burdens 10 Ways to Retire Comfortably Even if You are Not a 401(k) Millionaire The Federal Reserve’s Rate Cut: What It Means for Your Finances and Why It’s Time to Act Now Dark Web Monitor Alert: Are You Safe from Identity Theft? 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LAWMAKERS AGREED ON $2 TRILLION CORONAVIRUS STIMULUS DEAL CORONAVIRUS STIMULUS PACKAGE FAILED AGAIN IN THE SENATE APRIL 15 (TAX DAY) DELAYED DEMOCRATS AND REPUBLICANS DIFFER ON HOW $2 TRILLION OF YOUR TAX MONEY SHOULD BE SPENT YOU CAN DELAY MORTGAGE PAYMENTS UP TO 1 YEAR, BUT SHOULD YOU? 110 Million American Consumers Could See Their Credit Scores Change The Middle-Class Needs to Support Elizabeth Warren’s Bankruptcy Plan The SECURE Act & Stretch IRA: 5 Key Retirement Changes 5 Best Blue-chip Dividend Stocks for 2020 9 Common Bankruptcy Myths 401(K) BLUNDERS TO AVOID Government Policies Built and Destroyed America’s Middle-Class & JCPenney Elijah E. 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WELLS FARGO IS A DANGER TO THE MIDDLE CLASS The Financialization of Everything Is Killing the Middle Class
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American Middle Class

The Nouveau Riche and the U.S. Tax Code: A Tale of Unequal Burdens

The lingering shadows of the Gilded Age stretch into the present, casting a long silhouette over America’s economic landscape. Families like the Waltons, the Mars clan, and the Cargill-MacMillans stand as pillars of enduring wealth, their fortunes built over decades and, in some cases, centuries. These dynasties have accumulated vast resources and mastered the art […]

Tax challenges new rich Tax challenges new rich
American Middle Class

The Federal Reserve’s Rate Cut: What It Means for Your Finances and Why It’s Time to Act Now

If you’ve been waiting for a sign to make big moves with your finances, this is it. The Federal Reserve just made its first interest rate cut since 2020, slashing the federal funds rate by a full half percentage point. This is no small step—it’s a loud and clear signal that the era of “cheap […]

The Federal Reserve’s Rate Cut The Federal Reserve’s Rate Cut
American Middle Class

Kamala Harris’s Ambitious Plan to Lower Housing Costs: A Comprehensive Look

Housing in America is in crisis. Skyrocketing rents, climbing mortgage rates, and a relentless shortage of affordable homes have left millions of Americans struggling to keep a roof over their heads. In response to this mounting challenge, Vice President Kamala Harris has unveiled a sweeping plan aimed at lowering housing costs and expanding access to […]

lower housing costs lower housing costs
American Middle Class

Taxing Unrealized Gains: A Political Pipe Dream with No Real Payoff

Democrats keep floating the idea of taxing unrealized gains, but let’s be real—it’s a non-starter. Why? Because they’re unrealized. Sure, they’ll tell you it’s aimed at the ultra-wealthy, those sitting on $100 million or more, and they’ll calculate it by subtracting liabilities from assets—essentially boiling it down to net worth. But let’s pause for a […]

Taxing Unrealized Gains Taxing Unrealized Gains
American Middle Class

In Search of the Next Asset Bubble

From Dot-com to U.S. Housing to Chinese Real Estate, there have been about nine notable global asset bubbles since the Great Depression. The most recent was the Special Purpose Acquisition Company (SPAC) bubble, which resulted from hyper-speculation. SPACs are shell companies created to take private companies public. Nikola Corporation, DraftKings, and Trump Media are notable […]

Next Asset Bubble Next Asset Bubble

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  • Resources / May 20, 2023

    Be a Better Investor: Asset Allocation

    Be a Better Investor™ Asset allocation is a crucial aspect of investment strategy that involves diversifying an investor’s portfolio across different asset classes to optimize returns while managing risk.  It is based on the principle that different asset classes perform...

  • Global Middle Class / May 20, 2023

    A BRICS-issued Currency

    BRICS and non-BRICS nations are lining up to escape the dollar hegemony.  The BRICS (Brazil, Russia, India, China, and South Africa) are among the world’s largest economies.  They have been exploring the possibility of launching a new currency to challenge...

  • Resources / May 19, 2023

    Be a Better Investor: Diversification

    Be a Better Investor™ Diversification is a fundamental concept in investment management that aims to minimize risk and maximize returns by spreading investments across different asset classes, industries/sectors, and geographical regions.  This strategy helps investors reduce their exposure to individual...

  • Real Estate / May 17, 2023

    Refinance vs. Home Equity Loan: Which Is Better

    When homeowners need funds for various purposes, such as home improvements, debt consolidation, or covering unexpected expenses, they often consider tapping into their home’s equity. Cash-out refinancing and home equity loans are popular options for accessing this equity.  This article...

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American Middle Class / Nov 15, 2024

Exploring the Financial Challenges of the Unbanked: Insights from the FDIC’s 2023 Survey

Introduction In 2023, about 4.2% of U.S. households—equivalent to approximately 5.6 million families—remained unbanked. Despite...

American Middle Class / Nov 09, 2024

Should You Rent vs Buy a Home? How to Decide.

The question of whether to rent or buy a home has been overanalyzed by just...

American Middle Class / Nov 05, 2024

Creating an Emergency Fund: Why Everyone Needs One and How to Build It Quickly

Introduction: The Safety Net You Can’t Afford to Ignore Life is full of unexpected events—whether...