Monthly Archives: July, 2024

When Government Is Pillaging Your Life’s Savings…

When the government spends the savings of Main Street America like a group of drunken sailors and pirates, something is wrong with the system. ...

U.S. Generic Drug Supply Chain Shortage Could Get Worse

Liz Essley Whyte of The Wall Street Journal reports that a quixotic investor revived an American antibiotic producer and helped ease a drug shortage,...

A Word on Stocks

It’s been quite the week, wouldn’t you say? Speculators (I will not call them investors) are wondering what’s happening to their money, staring at...

The Wealthy Are Joining the Cutback Club

Andrew Keshner of MarketWatch reports that people who make over $100,000 are finally joining the cutback club. Keshner writes: The splurge is starting to sputter...

U.S. Gas-Fired Electricity Generation Hits Record High

The U.S. Energy Information Administration reports that July's heatwave helped reach new highs for electricity generated with natural gas, possibly the most in history....

Popular

HII, Labor Department Team Up to Build Next Generation of Shipbuilders

The US Department of Labor has partnered with Huntington...

Government Grocers: No Free Lunch

You may have heard that New York City Mayor...

Michigan Auto Manufacturing Revival Takes Center Stage

The White House says President Donald Trump is returning...

US Auto Market Moves Toward Electrification, Led by Hybrid Growth

Nearly one-quarter of new light-duty vehicles sold in the...

When I Think about Fidelity Investments and YOU

When I think about Fidelity Investments and you, I’m...

Wealth Tax Fairytales: There Are No Dragons

You know that California is contemplating a tax on...

EU Methane Crackdown Faces Global Pushback

The energy ministers of the United States, Qatar, Nigeria,...

Bipartisan Senate Agreement Targets Russia’s Energy Revenues and Iran

US senators have reached an agreement on a new...

The Magic Number

The magic number for retirement is four, as in a 4% annual draw on the initial balance of your retirement portfolio. Thus, if your portfolio totals $1 million, you draw $40,000 in year number one. In future years, you draw 4% or $40,000 annually, whichever is less.

Poison Annuities on Your Retirement Fund Menu?

The Executive Office of the President’s Council of Economic...