Sunday, March 31, 2019

Forbes: What Your Professor Didn't Tell You About Reaching Your Goals

By SIMON CONSTABLE
Harvard University's Todd Rose is back with another must-read book: Dark Horse: Achieving Success Through the Pursuit of Fulfillment. The title, 'Dark Horse,' alludes to the idea that those folks who don't take a standardized career path can achieve just as much success as those who do.
This should matter to anyone pursuing a career in finance or when managing their own money. In simple terms, this book will tell you an important truth. You'll get more success by doing what is right for you as a unique individual than you would by trying to shoehorn yourself into an ill-fitting but predetermined role. Read more here.


Friday, March 29, 2019

Forbes: How Much Did Trump's Trade War Cost You? You'll Never Guess

By SIMON CONSTABLE

The results are in on how much Donald Trump's trade war cost the U.S. in 2018.

Most people who guess would be wildly wrong about the total.

It cost the average American the price of one fancy cappuccino plus a cookie per month during 2018, or $4.28, according to a new report. Read more here.

Thursday, March 28, 2019

Forbes: The Other College Finance Scandal

By SIMON CONSTABLE

Is there a simple, workable solution to soaring student loan balances and the spotty quality of college education?

Yes, according to a recently published research paper from The James G, Martin Center for Academic Renewal, titled "Universities Should Invest In Their Students, Not Securities." Read more here.

Photo by Charles DeLoye on Unsplash

Tuesday, March 26, 2019

Forbes: Why Venezuela's Economic Pain Could Last Through 2025

By SIMON CONSTABLE

Venezuela is heading down precisely the same path as the now-defunct Soviet Union did a quarter-century ago. Put bluntly; the country is likely going further into a deep economic hole where it could remain until the middle of the next decade. Read more here.

Forbes: A 70% Top Rate Of Income Tax Would Crash The Economy, New Research Shows

By SIMON CONSTABLE

A 70% top rate of Federal income tax is a terrible idea.

A century of varying tax regimes along with economic data shows just how bad it could get, if history is any guide.

Despite protestations to the contrary, such a tax rate really isn't a good idea. It could crash the economy, according to soon-to-be-published research. Read more here.

Monday, March 25, 2019

TheStreet: Palladium's Spectacular Rally Isn't Over Yet

By SIMON CONSTABLE

The big run-up in palladium prices isn't over yet.

Double-digit returns are likely in store over the next few months. 

Increased interest in the metal from investors, as well as a relatively tight supply-demand balance, should propel prices even higher over the next half-year. Like gold, palladium is considered a precious metal, but it is overwhelmingly used for industrial purposes. Two-thirds of the production gets used in catalytic converters for automobiles, and another 13% is consumed by the electronics industry. Read more here.

Thursday, March 21, 2019

Forbes: How A Chaotic Brexit Has Been Great For Britain's Economy

By SIMON CONSTABLE

Wow! The U.K. parliament has been unproductive since the Brexit referendum in June 2016.

But judging by the economic results perhaps we should want more of the same. Read more here.