Tag Archives: Black
Is Cash the New Black?
Every year, American Express publishes an in depth “Survey of Affluence and Wealth in America.” The 2012 version is notable for the attitudinal differences between the top 1%, 10% and everyone else (aka the 90 or 99%).
A few quick bullet points:
• Incomes up 6% for top 1% in 2011. Slightly lower among everyone else;
• Investing dollars down from 71% to 39% of portfolio;
• In ‘2007 savings was only 12% among the top 1%, now at 34%;
• Even after recession ended, savings has stayed high, unlike 1981 recession when consumers spent aggressively. (back then, passive income tax rates dropped from 70% to 20%);
• Almost $ 6 trillion in personal savings account by year’s end. Another $ 3-4 trillion in cash among business. Getting 0.3% interest and not complaining
Here is how this looks graphically:
Click to enlarge:
~~~
Will Black Friday Bring Red Futures, Of Course
Morning Outlook I hope everyone had a great Thanksgiving! Are you trading or shopping today? Wall Street is back at it for an abbreviated session Friday. Equities are heading lower in premarket…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The Hidden Costs of Black Friday
There may be bargains galore, but there are not-so-obvious ways the kickoff to holiday shopping may cost you.
The Little Black Book of Microcap Investing: Beat the Market with NASDAQ/AMEX Microcap Stocks, OTCBB Penny Stocks, and Pink Sheet Stocks Reviews
The Little Black Book of Microcap Investing: Beat the Market with NASDAQ/AMEX Microcap Stocks, OTCBB Penny Stocks, and Pink Sheet Stocks
ONLY 150 NEW BOOKS LEFT! The Little Black Book has sold out of 3 print runs. Once these last 199 books are gone, NO ADDITIONAL COPIES WILL BE PRINTED! Are 1000% gains still possible in post-internet bubble markets? Absolutely! While most large cap stocks sluggishly provide single digit returns, microcap stocks offer the opportunity for amazing gains. Dan Holtzclaw, author of the best-selling book Penny Stocks: The Next American Gold Rush shows you how to beat the market with NASDAQ and AMEX micr
List Price: $ 21.95
