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Survive Fiscal Cliff with Diversification

Watch this video on YouTube So the economic train is speeding faster and faster, and the edge of the fiscal cliff is getting closer and closer, and the passengers are starting to scream. Meanwhile, the guys in the cab of the engine are arguing about whether to hit the...

Keeping an Eye on Our Economic Freedom

The United States has experienced a “remarkable plunge in economic freedom” over the past ten years. This is the conclusion of the 2012 Economic Freedom of the World Annual Report, by Gwartney, Lawson, and Hall. The report measures the degree to which a country...

Don’t Over-React To Falling Dollar

According to a September 27 article by Elizabeth O’Brien at SmartMoney.com, many financial advisors believe “The Fed’s aggressive moves to stimulate the economy spell long-term weakness for the dollar.” The article, “Alternatives to the...

Do You Value Your Time? Thank an Entrepreneur.

This morning I got up at 6:30 am. I took a hot shower, turned on the sprinkler to water the lawn, cooked an omelet for breakfast, put the dishes in the dishwasher, read The Wall Street Journal on my iPad while I enjoyed a cup of espresso, and answered five questions...

Who Made That Olympic Medal Happen?

Those record-breaking 19 Olympic medals that Michael Phelps received? He didn’t really win them. Somebody else made that happen. True, Phelps was the one who swam those thousands of miles over the years. True, it was his commitment that kept him at the pool for...