Lack of Clear Financial Goals – Fear Not

A plethora of success materials implores us to set specific goals if we are serious about realizing them. Certainly, if we have clearly defined goals then it becomes easier to develop a plan to achieve them as compared to developing a plan to achieve un-specified goals. Similarly, it is easier to accomplish something with a…

Tantrums of the Impatients Or What Is the Meaning of Patient?

The market is waiting for the FOMC statement to come out on Wednesday, March 18, 2015, with bated breadth. Last week the market participants were quite busy reading the FOMC tea-leaves to ascertain when would FOMC remove the word “patient” from its policy statement. Would it do this in the coming meeting or in April or later? Apparently, the removal of this…

Around The Net – Monday Edition, March 16, 2015

Israel’s Gilded Age – According to Luxembourg Income Study data, the share of Israel’s population living on less than half the country’s median income — a widely accepted definition of relative poverty — more than doubled, to 20.5 percent from 10.2 percent, between 1992 and 2010. The share of children in poverty almost quadrupled, to…