This Isn’t Promising

From the WSJ:

In 2009, households headed by adults ages 65 and older possessed 42% more median net worth (assets minus debt) than households headed by their same-aged counterparts had in 1984. During this same period, the wealth of households headed by younger adults moved in the opposite direction. In 2009, households headed by . . . → Read More: This Isn’t Promising

Pittsburgh Rental Dreaming

WSJ gets into the practicalities of investing in real estate and becoming a landlord: Are You Ready to Be a Landlord?

Note the mention of Pittsburgh as one of the very few places where rents are rising.

Reminds me though.  One of the most…  words escape me a bit..  most something, I have ever . . . → Read More: Pittsburgh Rental Dreaming

The Wisdom of Crowds

Several years ago I wrote about prediction markets like Intrade.com. As the U.S. Presidential election cycle heats up I find I am drawn back to this special kind of bookmaking operation on the Internet. You can see a long list of Presidential election predictions on the Intrade site.

The phrase The Wisdom of Crowds . . . → Read More: The Wisdom of Crowds

Geordie Mark: Iron Ore Still Strong

In an environment of declining steel prices, Geordie Mark, mining analyst with Haywood Securities in Vancouver, nonetheless believes that iron ore juniors are poised for a rebound. Read his reasons for optimism in this exclusive Gold Report interview.

The Gold Report: About 37% of the world’s population is in China and India, . . . → Read More: Geordie Mark: Iron Ore Still Strong