Month: April 2015

April
27

Provided by: Jon McGraw

Economists Don’t Expect This Tech Boom to Be Like the Last One

Remember the dot-com bubble? If so, you’ll appreciate this notable event: The Nasdaq Composite Index, which includes a fair number of technology stocks, transcended its previous high (set in March 2000). Share values in the tech sector gained 4 percent last week as major players in the space delivered better-than-expected earnings results. The performance of…

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April
20

Provided by: Jon McGraw

When Lenders Pay the Mortgage Interest

It’s a topsy-turvy world. In the United States, during the last quarter of 2014, about 7 million (13 percent) of all mortgaged residential properties were underwater, meaning the mortgage loan amount was at least 25 percent higher than the estimated market value of the residential property. That’s a significantly lower number than the 12.8 million…

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April
13

Provided by: Jon McGraw

Big Gains in Global Equities

How much is 1 trillion? If you waited 1 trillion seconds, it would take 31,688 years. If you had a trillion dollars and spent $10 million a day, it would take 273 years to go broke. If you taped $100 bills end to end, you could wrap the earth 41 times with $1 trillion. Alternatively,…

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April
06

Provided by: Jon McGraw

The Global Economy à la Rube Goldberg

The global economy performed a bit like a Rube Goldberg contraption during the first quarter of 2015, although it’s doubtful many countries found humor as economic, financial and political events across the world triggered other economic, financial and political events. Europe Heads into Deflation “The whiff of deflation is everywhere,” reported The Economist early in…

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April
03

Provided by: Jon McGraw

Earthquake in southeast Missouri serves as reminder New Madrid Seismic Zone is active

Missouri’s 2015 earthquake survey shows more than 80 percent of residents in seismic zone lack earthquake insurance [From the Missouri Department of Insurance] A magnitude 3.6 earthquake that struck southeast Missouri Wednesday night illustrates the need for earthquake insurance coverage, even as the market for it continues to contract, raising concerns about affordability and accessibility….

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April
01

Provided by: Jon McGraw

From Business Owner to Retiree

You’ve achieved success as a small-business owner, and you’re ready to retire. But the hard work you put into achieving your business success left you little time to focus on retirement. Retirement planning could come later, you used to tell yourself. But later is now … Retirement planning can be difficult when all your focus…

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