June 7th 10pm

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New Blog Posts

8 Money Lessons You Must Teach Your Children and Grandchildren
If you know and love a young person, pass on these life-changing lessons that can put anyone on the road to prosperity.
Kentin Waits • May 30, 2018
8 Money Lessons You Must Teach Your Children and Grandchildren
Around the nation, young people are graduating from high school and college and preparing to take charge of their financial lives. 


Dbcbill: 10 Checking Accounts the Ultra Rich Use (from Investopedia)
I ran across this 2016 article on Investopedia and thought others may find it helpful too.

10 Checking Accounts the Ultra Rich Use By Rebecca Lake | May 7, 2016 — 10:00 AM EDT

 A checking account is a necessity for most people, but they’re definitely not one-size-fits-all. Ultra high net worth individuals, for example, need a checking account equipped to meet their unique wealth management needs.

While research suggests that the ultra rich stash as much as $32 trillion in offshore accounts, they’re still keeping a substantial amount of wealth in domestic banks.

Notes From The Field By Simon Black
June 7, 2018  Santiago, Chile

It’s official: Medicare Trust Fund Will Run Out Of Money In 8 Years
Two days ago the respective Boards of Trustees for Medicare and Social Security released their annual reports for 2018.
As usual, the numbers are pretty gruesome... and the reports plainly stated what we’ve been talking about for years: the trust funds for both Social Security and Medicare are going to run out of money.