20 March, 2015 by The TZ Newswire Staff Comments Off on Is Japan Zimbabwe?
Is Japan Zimbabwe?
Submitted by Axel Merk, Merk Investments
Is Japan Zimbabwe? How preposterous: Japan is an advanced economy that cannot possibly suffer the same fate as Zimbabwe. Right? Or could Japan get hyperinflation? Below I explain why Japan, and with it investors’ portfolios, might be at risk.
20 March, 2015 by The TZ Newswire Staff Comments Off on Facebook Breaks Out On PayPal Rival Payment App
Facebook Breaks Out On PayPal Rival Payment App
Facebook (FB) broke out Thursday on news it will launch a mobile payment service to compete with PayPal, currently a unit of eBay (EBAY), as well as Apple Pay and Google Wallet. The social media giant, which also owns Instagram, WhatsApp and virtual reality pioneer Oculus Rift, said its Messenger app will let users send money to friends by connecting a Visa (V) or MasterCard (MA) debit card.
20 March, 2015 by The TZ Newswire Staff Comments Off on Retirement Planning: Is Your Nest Egg On Track?
Retirement Planning: Is Your Nest Egg On Track?
Tim, a Northern California attorney, found himself in the doghouse after the financial crisis hit in 2007. Tim insisted that the family’s retirement accounts were fine even as the stock market melted month after month, says financial adviser Kimberly Foss. Then Laurie, Tim’s wife, learned that more than $1 million — or 75% of the accounts’ value — had evaporated. She exploded.
20 March, 2015 by The TZ Newswire Staff Comments Off on Pensions Outside U.S.: Lessons For Social Security
Pensions Outside U.S.: Lessons For Social Security
In a way, a good chunk of Social Security’s problems can be summed up in one question: Why didn’t you have more children 40 years ago? While that might sound like a lame joke, the punch line carries wallop. Five years after Social Security was launched in 1935, there were 159 workers paying into the fund for every retiree getting a check, according to the Social Security Administration. Today the ratio is roughly 3 to 1.
20 March, 2015 by The TZ Newswire Staff Comments Off on Is Long-Term Care Insurance Really Worthwhile?
Is Long-Term Care Insurance Really Worthwhile?
Tricia Baker rues the day, some 25 years ago, when her parents were talked out of buying long-term care insurance. Today, these elderly parents, who have dementia, live in an assisted living facility that costs $8,000 a month. But after their money runs out, they’ll have to go on Medicaid, says Baker, of Greenville, N.C.
20 March, 2015 by The TZ Newswire Staff Comments Off on How To Handle A Sudden Cash Windfall Or Inheritance
How To Handle A Sudden Cash Windfall Or Inheritance
Everybody dreams of getting a huge financial windfall. Some people anticipate a large inheritance. Others try to make it happen with lottery tickets. But what if you should actually receive an unexpected bucket of cash? Who are you going to call first: a financial adviser, a lawyer or Maserati? All the experts agree that the first thing one should do after receiving a windfall is nothing.
20 March, 2015 by The TZ Newswire Staff Comments Off on Pensions Fade, But Today’s Job-Hoppers May Benefit
Pensions Fade, But Today’s Job-Hoppers May Benefit
Is the good old-fashioned pension dying? Once common across many American industries, traditional pensions no longer rule the employee benefit landscape. But given the popularity of job-hopping in many 21st century careers, the death knell of pensions may not matter as much.