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June 23, 2024
Im not one of those that believe credit cards are evil. But i acknowledge the facts and the facts are these. If you have Credit Card Debt, you are paying a high Interest Rate on that debt. Were talking rates that are loan shark rates. To be fair to the credit card industry, they wont break your kneecaps if you dont pay them back. Like many aspects of personal finance, i have brushed up against the down side of credit cards. In between college and law school, i owed a huge amount to various credi...
June 23, 2024
Polls. But two of three recent polls show ted cruz beating trump in iowa less two months before the caucuses. One political scientist we spoke with says gop leaders see cruz as a threat. Because his conservatism is so far outside the political mainstream, it could cost the Republican Party just as dearly in the general election as a trump or carson nomination could. The Washington Post reports that members of the gop establishment are considering ways to sidestep a possible trump nomination. Tru...
June 23, 2024
But for the vast majority of americans, that paycheck is not enough. You need to work with it. And if you keep watching, im going to tell you how to do that, for the rest of your life. Now, usually i come in here and tell you what i think of the market and what themes are best, the stocks that best fit those themes. But before you even start investing in stocks, there are other things you have to do if you want the payoff to mean something later on in life when you most need the money. Its fruit...
June 21, 2024
One part of building real wealth. There are some people, call them the 1 if you will, who can make enough money from their ordinary day to day income to become truly rich. What a great thing. But for vast majority of americans, that paycheck is not enough. You need to augment it, work with it. If you keep watching, im going to tell you how to do that, not just for the next year or two years but for the rest of your life. Now, usually i come here and tell you what i think of the market, what them...
June 21, 2024
Today a top analyst says miller has the june part right but it wont happen until june of 2016 one year after this market believes it will happen. Hes here to explain why he thinks first move from the ned wont come until then. And Union Battles are percolating across america. The port slowdown out west and the governor of illinois blocking unions from collecting fees from workers that benefit from union deals but are not actual members of the union themselves. Well talk to aflcio boss Richard Tru...
June 20, 2024
Hour by using the hashtag ajreal money on twitter. Were ten days away from when the treasury secretary says his [ technical difficulties ] so let me start with what the actual problem is. Every day the treasury brings in money from taxes and other sources, and it pays money out. Some days the government takes in more money than it pays out, but in general it pays out more than it takes in. To make up the shortfall, the treasury needs to borrow money from the public. This is a copy of a treasury ...
June 20, 2024
Military tried to capture a leader of the alshabab network, but that attempt filed. And violence continues in iraq. Its heightens fears that iraq will see more sectarian killings. In egypt a suicide blast killed at least four people in sinai. The dead and injured included several police officers. Those are the headlines this hour. Im tony harris. Real money with ali velshi is next on al jazeera america. While washington fiddles, investors large and small are starting to burn just thinking what d...
June 20, 2024
I still believe anyone can turn a profit in the stock market. As long as youre willing to put in the time and effort to keep track of what you owe. I wouldnt come out here every night and try to educate you if i didnt think this was more than just a theoretical possibility. But its feasible. For the vast majority of people watching the show. You can succeed at managing your own money. If thats the case, why is it so darn difficult . How come so many People Struggle to make money in the market . ...
June 20, 2024
Didnt think it was not just theoretically possible, but actually feasible for the vast majority of people to succeed at managing their own money. Okay. So if thats the case, then why is investing so darn difficult . How come so many People Struggle to make money in the stock market . How the heck can i believe its possible for you to beat the averages, the big benchmarks like the s p 500 and the Dow Jones Industrial average when so millennium and Mutual Fund Managers fail to do so. Simple. You c...
June 20, 2024
Its not just all a big joke. But most of the time, most of the time losing money month after month after month or year after year isnt a good way to make money over the longterm horizon. But a lot of them dont transfer into longterm gains if you wait long enough like so many people think they do. Yes, money making over the long haul is the ultimate goal in this game. But its also become the ultimate excuse for shortterm losses, for shortterm thinking. And believe me, that kind of thinking will o...