students

April 13, 2019 Personal 11 Comments

Required personal finance class for NC students could mean fewer US history lessons

Required personal finance class for NC students could mean fewer US history lessons North Carolina high school students could be required to learn more about financial literacy, but it could come at the cost of learning less about U.S. history. Legislation going through both the … Continue reading at newsobserver.com Why personal finance is extra-complicated […]

April 1, 2016 Personal No Comments

Summit Credit Union teaches students money management

Summit Credit Union teaches students money management The East High School branch location recently opened in February. Branch manager Hans Wiedenback oversees the location. He said it’s a joint venture with the East High School store and the partnership has been mutually beneficial for all parties involved … Continue reading at nbc15.com Liberty Mutual Group […]

January 15, 2016 Personal No Comments

Credit union funds money management program for St. Clair County students

Credit union funds money management program for St. Clair County students Academic career coach Douglas Bishop and program teacher Holly DeChane work with the Let’s TALK program. (Photo courtesy of ADVIA CREDIT UNION) Eleven students enrolled in the St. Clair County Transition Program in Marysville recently learned to count … Continue reading at voicenews.com Unemployment […]

January 6, 2016 Personal No Comments

Personal finance classes prepare local students for the future

Personal finance classes prepare local students for the future Only 57 percent of Americans passed a global study about financial literacy by Standard & Poor’s Ratings Services, the Gallup World Poll, the World Bank and the Global Financial Literacy Excellence Center at George Washington University. But local … Continue reading at nrtoday.com Tom Brady’s personal […]

"The housing bubble will burst rather than gradually deflate, following the rapid and violent pattern of decline of nearly every financial bubble throughout history," Lubaszka says. "Higher interest rates negatively impact not only the health of the housing market but other economic segments as well. The stock market takes a hit because higher rates make it more costly for companies to pay for debt. Higher rates hurt corporate profit margins and reduce stock value, bad news given the deep debt situation so many companies are in today."

According to Lubaszka, the U.S. dollar has lost more than 80% of its original value since the early 70's when we went to a floating currency, a situation not helped very much by the debut of the Euro in the late 1990s. Unlike American dollars, a portion of the Euro is gold-backed, a stability feature that has helped it outperform the dollar over the long haul. It is for this reason that many foreign investors have been taking money out of U.S. dollars and putting it into gold and oil instead, one explanation for why the price of both has continued to rise in recent months.

Michelle Henderson, a talent agency owner in Los Angeles, Calif. understands the stakes when it comes to investing. "As an agent I work in a commission-based world, and have to invest in both people and ideas all the time," she says. "Though I'd had bad experiences with stock investments in the past, I knew I would eventually find something that would work for me. I invested in a diversified metals portfolio made up of palladium, silver and gold, and earned a profit of 38% with the palladium alone. Staying focused on making money, and following World Financials advice, I was able to earn an above-average return and greatly increase the overall value of my assets safely."