July 13, 2022
7 Common Investing Myths, Debunked
If there's one thing the financial world will never run short on, it's suggestions. No matter where you turn in this industry, you'll find all the investing advice you could ever want. Unfortunately, you're bound to run into investing myths, too. You don't have to read Kiplinger or turn on CNBC to find your fair share …
Survival Tips for Retiring When Stocks Sink and Inflation Is High
For anyone who's retired or nearing retirement, sinking stocks, rising inflation and the prospect of a recession can be a nightmare economic brew. There …
Americans Are Getting Tons of New Credit Cards to Cope With Inflation
As oil prices spiked and inflation intensified with Russia's invasion of Ukraine in February, Americans responded by opening new credit cards. Lots of …
What Is Stagflation in Economics? (And What Are Its Consequences?)
Between the war in Ukraine, rising inflation, skyrocketing energy prices, and a world still reeling from the impact of COVID-19, experts predict …
Investor Junkie
Your Most Common Savings Questions, Answered
When it comes to savings, many of us have questions about the best way to put our money to work for us. This is especially true as interest rates continue …
6 Tips That Will Help You Budget Plan A Luxurious Holiday
Before you start planning your trip, it's important to set a realistic budget. This will help you avoid overspending and ensure that you have …
Finance Monthly
Is a Recession Ahead?
There's been a lot of talk lately about the dreaded "R" word: Recession. It conjures up scary images the make us think of one even more dreaded word …
With US Dollar Nearly Equal to Euro, Impact is Being Felt
The U.S. dollar has been surging so much that it's nearly equal in value to the euro for the first time in 20 years. That trend, though, threatens …
ABC News
"Stocks plummeted today on forecasts that the sun will rise again and tomorrow will be another day."
Copyright © Randy Glasbergen
Live Aid Concert
What Year
At Wembley Stadium in London, Prince Charles and Princess Diana officially open Live Aid, a worldwide rock concert organized to raise money for the relief of famine-stricken Africans.
The day was Jul 13. What year was it?
Quote of the Week
"I saw the government really using the excuse of a weak economy and a financial crisis to create more government and to push onto the American entrepreneurial society more and more restraints and government activity."
Rob Portman
Judging by the total dollar amount that was in circulation in July 31 2000, what percentage of US wealth was owned by Bill Gates alone?
See the answer below.

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