Have you heard of Juice Jacking? The term is the name of a strategy used by hackers to load public USB charging stations with malware that can attack the devices of users trying to charge them. Allowing your electronic devices to be compromised by malware can be one of the most stressful and violating modern experiences. With more of your life than ever before attached to your phone, tablet or laptop, giving a criminal the ability to sift through your data and learn your most intimate details can be a nightmare. So how do you protect yourself? First, as Doreen Christensen reports in the … [Read more...]
Market Keeps Ripping Higher
You may have noticed it’s been a pretty good year for stocks. Good news, right? Well, it’s all good news until it’s not. With valuations this high, it’s important to gauge your future expectations. Case in point: “When valuations were this high in 2004 and 1997, the next decade delivered after-inflation gains of 4.5% both times, despite enormous market crashes along the way," writes James Mackintosh in the WSJ. The question is, to me at least, how many stock investors were able to stick around and patiently stay invested when things got nasty? What I want you to consider in the … [Read more...]
Score! Bobby Orr!! Defending Coach Cherry
Bobby Orr, the greatest Bruin, EVER, hit the Boston airwaves this week defending his one-time coach Don Cherry. Cherry, a staple of Hockey Night in Canada was fired for his comments on what he viewed as a decline in respect by Canadians for not wearing poppies on Remembrance Day in honor of vets and those killed defending their freedoms. Orr said the following about Cherry, affectionately known as “Grapes”: “I know Grapes better than anybody. He’s not a bigot and he’s not a racist. This guy is the most generous caring guy that I know. What they’ve done to him up there is disgraceful, it … [Read more...]
The Truth Behind The Very Hungry Caterpillar by Eric Carle
You know the name Eric Carle if you have kids or grandkids. His books were a big part of our book collection when my kids were little. That’s why this article caught my eye. And how moving I found this quote from the article about a book I read out loud a thousand times: The Very Hungry Caterpillar. Jeffrey Trachtenberg reports on Carle's view of why The Very Hungry Caterpillar has been such a hit with kids for so many years. He writes: In a YouTube video released in January, Mr. Carle said it took him a long time to understand why the title has sold so well before he concluded that … [Read more...]
Why Bonds Always Matter to You
I want you to look at my chart above, Bonds vs. Stocks. What I’ve done for you is offer a look at the Fourth Quarter of last year. Of note, the Fed was coming off a series of rate increases and had begun lowering rates in August. Additionally, the Republicans lost the House to Democrats in November. Talk about uncertainty in the markets. The black bars show how bonds rallied. The blue bars show how stocks cratered. This micro example shows you the power of counterbalancing. You have seen time after time at this website how I want you to focus on your risk first and foremost. And this is … [Read more...]
Liz Warren’s 158% Tax Rate
Remember, your key takeaway here is that millionaires will become the new billionaires if Warren has her way. Here’s how her tax rates reach 158%. Richard Rubin reports in the WSJ: Potential tax rates over 100% could result from the combination of tax increases the Massachusetts senator proposes for the very top tier of investors. She wants to return the top income-tax rate to 39.6% from 37%, impose a new 14.8% tax for Social Security, add an annual tax of up to 6% on accumulated wealth and require rich investors to pay capital-gains taxes at the same rates as other income even if they don’t … [Read more...]
Avoid Isolation and Danger with the Reliability of a Satellite Phone
The frightening stories of California's man-made disaster or "preventative power outages," just keep coming in. The LA Times recently interviewed Ted Atz, a 75-year-old from Marin County who lost power for four days. Atz was unable to call his family or even 911. He wasn't the only one in that terrible situation. Leila Miller and Rong-gong Il report: California saw significant interruptions of cellphone service due to the planned power shut-offs at precisely the time customers needed to be alerted about evacuation warnings — raising questions about how prepared California is for future … [Read more...]
Bonds vs. Stocks: First Things First
Bonds play a role in your portfolio even when interest rates are low. You absolutely, without a doubt, must consider your risk first and foremost before investing in stocks. That’s why I want you to put your bonds before your stocks when considering today’s market environment. … [Read more...]
Hockey Night’s Don Cherry Speaks with Tucker Carlson
Don Cherry will no longer be a staple of Hockey Night in Canada because he was fired for speaking his mind. Listen to his side of the story and you’ll see why this is yet another travesty by the fascist media police. What a joke. Watch the latest video at foxnews.com … [Read more...]
Google to Offer Checking Accounts Next Year
I don’t like this at all. The name alone, Cache, is dripping with smugness. When it comes to your money privacy is always paramount. CNBC's Jeff Cox reports: Google will offer checking accounts next year, according to a source familiar with the company’s plans, representing Big Tech’s boldest move yet into the consumer banking business. Most previous efforts have focused on credit cards and payment platforms. The accounts for the project will be run by Citigroup and the Stanford Federal Credit Union, the source said, confirming a report in The Wall Street Journal. As part of a … [Read more...]
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