While the U.S. wallows in debt (and suffers the political recriminations that come with it), another country has an astonishing surplus of capital.  By the end of 2010, according to an article in the Economist magazine, The Central Bank of the People’s Republic of China had $2.85 trillion in foreign exchange reserves.  That figure reached [...]

As an investor, you probably noticed, among the screaming headlines and constant media coverage, that the Standard & Poors bond rating division has threatened to downgrade the credit rating of U.S. Treasury bonds. The U.S. markets dropped 1% almost immediately after the news broke, and the S&P 500 index of large cap stocks finished the [...]

A new study by T. Rowe Price draws an interesting lesson on investing: the best strategy to surviving big stock market losses is to cut spending for about three years after bear markets.  The study looked at investors who retired on 1/1/2000 with a portolio of 55% in equities and 45% in bonds, taking monthly [...]

According to a website called The Food Timeline, back in 1916, a loaf of break cost 5 cents, a pound of sugar was 8 cents and a 10 pound sack of potatoes was 27 cents?  OK; that was a long time ago, you say?  How about 1962?  A loaf of bread cost 20 cents, a movie ticket [...]