For about two months now I’ve been collecting some data and talking with investors on what will happen with the stock market under the next new President. Continue reading →
Ever see a run down home and thought
Beginning of February, California teachers decided to take a stand for the environment.
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Bernie Sanders has never held a real job in his entire life.
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Got some cash laying around to invest in? Maybe take a look at buying a piece of an NFL football player because they’re for sale. Continue reading →
WorldOil.com is showing interesting investment returns on state pension funds invested in oil. The study was done by Sonecon.
On average, $1 invested in oil and natural gas stocks in 2005 was worth $2.30 in 2013. By contrast, $1 invested in all other assets over the same period was worth $1.68.
While oil and natural gas stocks make up, on average, 4% of holdings in the top public pension funds, they accounted for, on average, 8% of the returns in these funds from 2005 to 2013, according to the Sonecon study.
The report examines the top two public pension funds in 17 states, which collectively cover more than half (55%) of all workers in the U.S. who participate in state and local government pension plans.
States analyzed in the report are: California, Florida, Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Mexico, New York, North Dakota, Ohio, Pennsylvania, South Carolina, and West Virginia.
American Morning News interviewed Kay Bell from BankRate.com explaining a survey they with 1,003 adults and how they will spend their tax refund. USA Today posted the survey and here is how it broke down:
34% say they’ll use it to pay down debt
33% say they’ll save or invest the money
26% say they spend the extra cash on necessities such as food and utility bills
3% want to use it to live it up and go on vacation or a shopping spree
Here is another snapshot of Americans thinking on income taxes/tax refunds that would make Dave Ramsey shake his head at:
Some people view having extra money withheld from their paychecks for income tax as a way to save, says Bankrate.com tax analyst Kay Bell. But she advises against it because “the bank of Uncle Sam” pays no interest.
The rest of the article is here and has some more good stats obtained by the survey.