History Rhymes. That’s because virtually everything that happens on Earth runs in cycles—our climate, the markets, political systems, societies, wars, financial ups-and-downs, etc. Our ancestors have known this for centuries. Knowing how these cycles work can keep you safe during downturns and provide you great wealth during the upswings. For example, you’ll know when to rent and when to buy. We’re currently at the end of a major business cycle. This site has been developed to provide core information about how cycles work and how you can use them to your benefit.
“What’s in your wallet?”
I laugh every time I see this commercial, hear, or read this line. With most people, the answer would be “debt!”
Capital One has been very successful in changing minds regarding their product. This from a company that in 2012 set aside $150 million for refunds to customers and paid another $50 million in fines as a result of deceptive marketing and misleading customers. In general, the banking and credit industry attempt to be as opaque as possible. [continue reading…]