Latest Articles

Simple wisdom from one of the most famous people to go broke

In the late 1800s towards the end of his life, Mark Twain wrote one of his greatest observations of humanity:
“When you remember we are all mad, the mysteries disappear and life stands explained.”
Twain’s quote was primarily a commentary on himself.

A lot of people don’t know this, but Mark Twain went bankrupt late in life.

His enormous fame as an author had brought him substantial wealth. But Twain squandered it all[...] Click here to continue reading

It doesn’t matter that we “owe it to ourselves”

[Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular articles. Today’s was originally published on March 14, 2017]

Thousands of years ago, as far back as 3000 BC, the ancient Egyptians had developed a highly advanced system of writing using hieroglyphic symbols.

The used hieroglyphs for numbers as well.

A single line, for example, represented the[...] Click here to continue reading

Just a quick reminder of who’s really in charge

[Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular articles. Today’s was originally published on May 3, 2017]

Today the world of banking and finance waited with baited breath for the Federal Reserve in the United States to hike... or not to hike... interest rates.

This happens several times each year as the central bank’s Federal Open[...] Click here to continue reading

How to make 13% on your favorite song

[Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular articles. Today’s was originally published on December 9, 2016]

Did you know that until June 28, 2016, the song “Happy Birthday” was actually copyrighted material?

Yes, I’m serious. And I’m talking about THAT Happy Birthday, as in the song we all sing at birthday parties.

The original[...] Click here to continue reading

Yes, governments CAN go bankrupt. And no, it’s NOT impossible…

[Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular articles. Today’s was originally published on March 13, 2017]

In the year 1517, one of the most important innovations in financial history was invented in Amsterdam: the government bond.

It was a pretty revolutionary concept.

Governments had been borrowing money for thousands of years… quite often at[...] Click here to continue reading

A great story from when America was still the Land of Opportunity

[Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular articles. Today’s was originally published on January 2, 2017]

Last week during a long overdue vacation, a close friend of mine recommended reading the autobiography of Rich DeVos called Simply Rich.

DeVos is a billionaire entrepreneur who started countless ventures during his nine decades on this earth.

[...] Click here to continue reading

Why it’s essential you keep a portion of your savings in physical cash

[Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular articles. Today’s was originally published on January 6, 2016]

Think of the word “money” for moment. What’s the first image that comes to mind?

Perhaps the folded paper in your wallet. Or the balance in your bank account.

Or perhaps the investments in your brokerage account.

[...] Click here to continue reading

“If you can keep it…”

[Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular articles from 2017. Today’s was originally published on May 18]

On September 17, 1787 on the final day of the Constitutional Convention in Philadelphia, Benjamin Franklin was approached by a woman as he walked out of Independence Hall.

“Well Doctor, what have we got-- a republic, or a[...] Click here to continue reading

This guy has eight passports

[Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular articles from 2017. Today’s was originally published on March 28]

A few weeks ago I caught wind of a guy who has citizenships from eight different countries.

This “octa-citizen” has passports from Canada, UK, Ireland, Belize, Grenada, Dominica, St. Kitts, and Cape Verde.

Let’s be honest-- that's[...] Click here to continue reading

Record number of Americans want MORE government in their lives

[Editor’s Note: As we’re coming up on the end of the year, we thought it would be appropriate to republish some of our most popular articles from 2017. Today’s was originally published on April 24]

In a poll conducted a few days ago by NBC News / Wall Street Journal, a record 57% of Americans responded that they want MORE government in their lives, and that the government should be doing more to solve[...] Click here to continue reading