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Month: January 2012

Occupy Namibia?

Watch this video on YouTube I am not sure if there is an “Occupy Windhoek” movement, but there should be. Windhoek is the financial capital of Namibia, which has a Gini Index rating of 70.7, giving it the largest gap in the world between its wealthiest 1%...

Pitfalls and Possibilities of a Self-Directed IRA

Watch this video on YouTube Most people with Individual Retirement Accounts open them with a bank or brokerage firm (the custodian) that limits what investments can go into the account. These custodians typically limit your investments to stocks, bonds, and mutual...

Easy Budgeting for the Organizationally Challenged

“Even the checkbook-challenged, filing system-deficient and perpetually messy can take steps to shore up their finances without undergoing a major personality overhaul.” In a January 18 article at CNBC.com titled “How the Financially Disorganized Can...

Meeting a Capitalist in Communist China

Watch this video on YouTube Jannie Wu wanted a better life. I met Jannie on a recent trip to China. After earning an undergraduate degree in English, she took a teaching job paying 1000 Renminbi, or RMB, ($150) per month. In China, obtaining a student loan is not an...

SmartMoney: Try South Dakota For Affordable Retirement

“South Dakota, with its chilly winters and long stretches of desolate land, may be pretty far down on your list of places to retire. But with the average married boomer facing a retirement savings shortfall of $30,000, advisers say the Mount Rushmore State is...