In a world where you are presented with numerous investment opportunities be it in financial assets, real estate, arts and collectibles, or private businesses how do you decide which investment is the best one? Ho
In case you missed it Kevin Warsh was on CNBC this morning. Again he made some great points including highlighting one of the downfalls of QE which he suggests has led to a misallocation and “malinvestment” of capital as oppose to hyperinflation which many doomsdayers have been harping on since the beginning of Fed’s Zero Interest Rate and QE policies.
Research work done by economists at IMF as well as work done by Goldman Sachs economist Jan Hatzius are beginning to suggest that the Federal Reserve may be planning to change the threshold for its Zero Interest Rate Policy (ZIRP) from their original 6.5% unemployment rate and 2.5% inflation rate to perhaps a lower rate of unemployment such as 6.0% to even 5.5% rate.
In this video Bridgewater’s Ray Dalio explains how in his view the economy is like a machine. Suggesting that many people don’t understand it – or they don’t agree on how it works – and this has led to a lot of needless economic suffering.
Even Jim Cramer of CNBC is baffled by the price action in US stock market. In his show last night he admitted that he too hasn’t seen the following price actions in the market during his 34 years investing career.
One of the reasons why some people purchase a cash value life insurance policy be it universal life or whole life is so at some point they have the ability to be able to borrow from the policy. However before borrowing from such policies (yes you are borrowing not withdrawing and yes you have to pay interest ranging around 5%) one needs to be fully aware of some important points.