Interestingly, the mainstream media is starting to pick up on a few trends that I’ve been talking about for years: namely that the 20-somethings coming out of college are going to be in big trouble. The reasons for this are:
1. College degrees are becoming not much more than a piece of paper that says you’re slightly better than someone who didn’t goto college.
In other words, they don’t mean as much as they used to.
Why? Because college has turned into so much more than education. Now obviously there are exceptions to …

Stock markets continue to be volatile with weak jobs/economic data and especially fears over the Europe situation. The European debt crisis will have to come to a head at some point, so it probably makes sense to hold out until it does. What will that look like? A Greek restructuring of debt at a minimum.

The price of gold corrected 10% over the last few days. Here are the reasons why the run is not over.
1. First, a correction like we just got is actually very healthy. I would be more concerned if we didn’t have a correction and continued going up higher and higher. Corrections are needed to shake out weak hands and leverage and help to create a sustained bull run over longer than mere days and weeks.
2. The fundamentals that have supported this run are firmly in place. In fact, they are …

There is no “get out of jail free” card, but there are programs set in place to make this process far less restrictive and burdensome. It’s important to know that you do have options with how and how much you pay back:

Fear has re-entered the markets and the economy as Americans are overwhelmingly responding to polls that they fear the economy is getting worse and possibly headed back into a recession. Meanwhile we have record long-term unemployed which speaks to the structural nature of our economic woes (versus cyclical). Yes, it’s by no means easy to get ahead in today’s economy, but we’re here to deliver the financial survival guide for those of you in your 20s (or 30s for that matter). Let’s jump in…
Income
Nothing at this stage is more important …

Markets are getting pretty volatile and many are expecting the Fed to step in. Of course, quantitative easing will do nothing but spike inflation so it’s a lose / lose. I’d hate to be Bernanke right now. How out of control does the price of gold get if they announce QE3? We could get to $2,000 / oz rapidly if so. Uncharted territory indeed.

As gold approaches $1700, it’s safe to say that I’ve made a quality multi-year bet on the price of gold. I first got into gold in the $700 range, added to my position greatly during the 2008 crash and have essentially held on until now. Interestingly, the hard work is essentially just beginning.
Knowing when to exit a big winning position is tougher than buying a position in many cases. Gold is definitely an example of this.
This is much different than dividend stocks that I intend to hold for years and …

Amazing action in the markets right now. The Dow ended the day today down 260ish and meanwhile gold spiked above $1650/oz. Put them together and you have a crashing dow/gold ratio. I’ve been saying for years that this is going to head lower. You have to watch the price of gold in the new era of printing money. It shows whether or not the bull run in stocks is legitimate or just a easy money result. I’d say that it’s showing to be the latter. The Dow/Gold ratio is approaching …