Tag Archives: retirement

  • Blog

    2014 Year in Review

    The year we piled up risks like a global game of Tetris
    by David Collum

    Friday, December 19, 2014, 4:27 PM


    I have not seen a year in which so many risks—some truly existential—piled up so quickly. Each risk has its own, often unknown, probability of morphing into a destructive force. Groping for a metaphor—I love metaphors and similes—I feel like we’re in the final throes of a geopolitical Game of Tetris as financial and political authorities race to place the pieces correctly. But the acceleration is palpable. The proximate trigger for pain and ultimately a collapse can be small, as anyone who’s ever stepped barefoot on a Lego knows.

    Read More »

  • Blog
    Everett Collection/Shutterstock

    Doing It for Science

    Dan Ariely needs our help
    by Adam Taggart

    Tuesday, April 15, 2014, 5:07 PM


    Renown behavioral economist Dan Ariely has approached Peak Prosperity regarding new research he's conducting.

    Read More »

  • Blog

    2013 Year in Review

    Austerity is not a policy
    by David Collum

    Friday, December 20, 2013, 5:36 PM


    Every year, friend-of-the-site David Collum writes a detailed "Year in Review" synopsis full of keen perspective and plenty of wit. This year's is no exception. Moreover, he has graciously selected PeakProsperity.com as the site where it will be published in full. It's quite longer than our usual posts, but worth the time to read in full.

    Read More »

  • Daily Digest
    Image by EpSos.de, Flickr Creative Commons

    Daily Digest 7/10 – IMF Cuts Growth Forecast For World Economies, Canadians Struggle With Saving

    by saxplayer00o1

    Wednesday, July 10, 2013, 2:21 PM

    • Illinois lawmakers seek more information in hunt for fix to $97 billion pension crisis
    • IMF cuts growth forecast for U.S., world economies
    • Nurses' strike hits Portugal hospitals
    • Seniors find it harder to get home-delivered meals (Florida)
    • Chicago gun violence: 74 people shot, 12 killed over July 4 weekend
    • Job cuts: Mining companies to trim operations by 3,500 (Ghana)
    • Financial Crisis Just a Symptom of Detroit’s Woes
    • Furloughs Have Begun for Nearly 50,000 Full-Time Guardsmen Nationwide, Including Guam
    • Mining services industry forced to adapt to end of coal boom in Queensland's Bowen Basin
    • USDA: One In Six Americans Use Food Stamps
    • Puerto Rico sees surge in homeless population
    • Tuition at 14 Pennsylvania universities to rise 3 percent
    • Eurozone jobless rate worse than OECD average
    • Canadians struggle with retirement saving
    • Italy's rating lowered one notch to BBB: S&P
    • Gold borrowing cost hits post-Lehman high
    • Study: State's pension debt spiked since February (California)

    Read More »

  • Daily Digest
    Image by Cooperweb, Flickr Creative Commons

    Daily Digest 6/12 – CO Food Stamp Use Doubles, Mini Flash Crashes Strike Again

    by saxplayer00o1

    Wednesday, June 12, 2013, 11:46 AM

    • California tops list of states with water infrastructure needs
    • Pennsylvania struggles to chip away at bridge problem
    • Sacramento County sheriff warns of big patrol cuts at budget hearing
    • States look to tax hybrids to recoup road funding
    • May Gold Sales Fall At Perth, U.S. Mint
    • Food Stamp Use Doubles In Colorado
    • Retirement savings: Why $1M may not be enough
    • Dramatic honeybee shortage threatens Calif. almond crop, nation's food supply
    • Mini flash crashes strike again
    • Cost of insuring emerging market debt soars on fears Fed will taper

    Read More »

  • Daily Digest
    Image by Investing In Gold, Flickr Creative Commons

    Daily Digest 4/25 – A Golden Twilight Zone, The Retirement Gamble

    by DailyDigest

    Thursday, April 25, 2013, 2:54 PM

    • Falling into a Golden Twilight Zone
    • Billions flow into the hottest new U.S. housing asset — rentals
    • Sugar industry's secret documents echo tobacco tactics
    • Goldman Sachs Just Covered Its Gold Short
    • Lawmakers warn cost of federal free phone program spinning out of control
    • Smartphones easily used to skim credit card data
    • Jim Rogers Exclusive: It's a "Race to Insanity"
    • Revealed: George Osborne’s secret veto on fraud inquiries
    • In Florida, a food-stamp recruiter deals with wrenching choices
    • The Retirement Gamble
    • As Forewarned, The Irish Savers Have Just Been "Cyprus'd", And There's MUCH MORE "Cyprusing" To Come
    • HUSSMAN: The Cover Of The Latest Barron's Is A Screaming Sign Of A Stock Market Top
    • Cal Wenzel Calgary Election Video: Developer Outlines Million-Dollar Plan To Influence Ballot
    • The coal-mining racket threatening Ukraine's economy
    • Norway opens up arctic waters to oil exploration
    • The Great Green Wall Of Africa: A 4,000 Mile Defense Against Climate Change
    • Brazil congestion delays export of record soybean crop

    Read More »

  • Daily Digest
    Image by sirqitous, Flickr Creative Commons

    Daily Digest 3/20 – Workers Saving Too Little to Retire, Lawmakers Back PMs As Currency

    by saxplayer00o1

    Wednesday, March 20, 2013, 2:39 PM

    • Workers Saving Too Little to Retire
    • Bad debts at Italian banks top 126 bln euros in January
    • Spanish Lenders’ Bad-Loan Ratio Resumed Increase in January
    • Darling: Cyprus savings raid could trigger bank runs across Europe
    • France, Belgium told to count Dexia bailout in deficits
    • Lawmakers back gold, silver as currency
    • National student loan debt triples, Miami average fifth highest in Ohio
    • As crop prices surge, investment firms, farmers vie for land
    • Speed on green cameras paying off
    • Cyprus parliament rejects deposit levy: reports
    • PIMCO reduces exposure to euro in wake of ‘botched’ Cyprus bailout: report
    • National debt jumps $300 billion ytd

    Read More »

  • Blog
    © Skypixel | Dreamstime.com

    Let’s Stop Fooling Ourselves: Americans Can’t Afford the Future

    Unemployment, taxes & unfunded retirements are squeezing us
    by Adam Taggart

    Tuesday, March 12, 2013, 3:24 PM


    The truth is: The three adult generations in the U.S. are suffering, and their burdens are likely to increase with time. Each is experiencing a squeeze that is making it harder to create value, save capital, and pursue happiness than at any point since WWII. At that point, we were a creditor nation with an economy exploding into dominance on the world stage. Now, however, the U.S. is the largest debtor nation and our economic hegemony is increasingly at seige across a number of fronts.

    A continuation of the status quo is a decision to sleepwalk face-first into the constraints hurtling towards us.

    Instead, shouldn't we stop fooling ourselves and ask: What should we be doing differently?

    Read More »

  • Podcast

    Ask the Adviser: Risk-Managed Investing

    Over the long term, the best offense is a good defense
    by Adam Taggart

    Saturday, January 12, 2013, 11:48 PM


    If you have money in the financial system (stocks, bonds, retirement funds, etc.) and you share the same skepticism most of our readers have about the markets' future stability, how should you invest those funds?

    Most of the folks who inquire about our endorsed financial advisers are far more interested in preserving the purchasing power of their wealth vs. aggressively trying to beat the market average each year. But how exactly does one do that?

    In this week's podcast, Chris sits down again with Mike Preston and John Llodra to discuss risk-managed investing.

    Read More »

  • Podcast

    Ask the Adviser: Creating a Sustainable Portfolio

    Invest before you speculate
    by Adam Taggart

    Saturday, October 20, 2012, 3:55 AM


    In this latest installment of Ask the Advisor, Chris and Bob Fitzwilson focus on how to approach creating an investment portfolio with the tenets of the Crash Course in mind.

    Bob explains how he believes a prudent process starts with securing the essentials for resiliency; in other words, investing in the resources that will sustain yourself and your family regardless of how the financial markets perform. These are things like your local food supply, your homestead, your health, etc. Only after you've created a plan for procuring those should you then focus on what do with any funds left over.

    Then the focus should be on your desired lifestyle. Ask yourself: How much do I need to meet my base-case needs and wishes for my family?

    Read More »