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Monthly Archives: April 2015
How to Safely Double Your Money in No Time at All
Ashley Revell of London had a mad itch he needed to scratch. The year was 2004. The hankering stemmed from a casual drinking conversation with a friend. Revell couldn’t let it go. The idea, in short, required Revell to liquidate … Continue reading
Posted in MN Gordon, Stock Market
Tagged ashley revell, compunded returns, double your money, rule of 72, S&P 500
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The Fastest Way to Escape a Debt Trap
Borrowing money and spending it can be fun. Certainly more fun than saving and paying down debt. Not only that, borrowing money’s much easier too. Saving takes prudence, discipline, and hard work. Running up the credit card takes none of … Continue reading
Posted in Government Debt, MN Gordon
Tagged asian economies, china, construction boom, debt trap, stimulus
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One Bear Market from Disaster
“Past performance is not indicative of future results,” goes the hackneyed investment disclaimer. No doubt, this warning’s been repeated so often no investor gives pause to consider it. Perhaps now, six years into a bull market, is a critical moment … Continue reading
China’s Spectacular Reckoning
Change is constant. You can count on it. Earlier this week, for instance, it was revealed that China’s economy is growing at just 7 percent annually. The Middle Kingdom’s GDP hasn’t been this slow since 2009…during the midst of the … Continue reading
Posted in MN Gordon, Politics
Tagged bubble, cement, china, david stockman, henry paulson, shanghai composite index
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