Surprising Millionaire Facts

Millionaire Facts

 

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How the US Dollar Changed Between 1800-2009
In 1800-2009 dollar showed a lot of changes.Start with the value of the us dollar in year 1800. this chart tracks relat ive value of the dollar with $1 in 1800 as its baseline.After the war during 1812, the next 35 years of relative peace saw a period of unprecedented growth in production and as a result a currency which had more than doubled in purchasing power by 1850.From 1861 to 1865, the unit...
World Currency Worth
The Worlds Financial State. Just name your price and dont panic.
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Baltimore's Housing Crisis
Baltimore has a huge abandoned housing problem. Many of the city's residents blame the problems on "white flight", which means the abandonment of properties or market selling properties because of white property owner's racism. Many opinion pieces on this subject are found in the Baltimore Sun, one of Baltimore's premier news publications. Whether or not racism is to blame for Baltimore's probl...
US Budget 2011
A look at how Obami administration is counting on bringing in revenue and spending it in fiscal 2011.Total reciepts is $2.567 trillion that has been used for Customs duties and fees $27.45, Estate and gift taxes $25.04, Excise Taxes $74.29, Miscellaneous $87.10Total outlays is $3.834 trillion and used for Net interest with $250.7, Nondefense $670.6, Medicare and Medicaid $1,435.2, Defense $744 and...
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Lending to the Poor
The lending of payday loans or paycheck advance loans has been deemed to be loan sharing in 13 states.So if you have ever been in the previous situation, your credit rating is probably pretty bad. Not all credit cards are created equal. When seeking the convenience of plastic, know what you are signing up for.Some stuff isnt cheap, and it can be hard to pay upfront for high cost ietm if credit is ...
Visual Guide to Inflation
Inflation can be complicated, it is when stuff costs more.When inflation is often villified, it is more complicated that that. That is generally the case, although there are other indices being measured as well.So, do you think inflation is bad? It can be bad, but it depends on the situation. inflation workds to out advantage, but too much inflation cant be good.
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Timing the Market Doesn't Work
Many investors try to time the market for the highest return. Timing the market does not work, as shown in the infographic below. It would also be equally as disadvantageous to try and time a recession for maximum return. For an investor that invest in the S&P 500 in 1995, the average annual return yielded $65,000 for each $10,000 invested if the inverstor held until 2015. The informat...
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