How to protect my assets from inflation?
I looked at the the fund offered by my bank and the load is 5%, management fees range from 1-1.75%.
I looked at blackrock annual returns for their bonds and stocks funds on offer during the past 5 years and assumed an inflation rate of 3% per year...
A great book on the subject:
http://www.amazon.com/Life-Bottom-Worldview-Makes-Underclass/dp/1566635055/ref=sr_1_1?ie=UTF8&qid=1321725126&sr=8-1
Even governments have turned into panhandlers now. Haha.
This is the funniest thing I've read about OWS.
No wonder that one cop pepper sprayed the girl. They don't want the furor to stop. Talk about messed up incentives.
Congress hasn't let "us" down. They're doing exactly what every congress does. They represent the people who elect them, all while skimming off a bit off the top, of course.
The problem is the country is too large and too diverse. The larger a country the harder it is to govern properly...
The West is not in terminal decline. They've gone through a bit of a slump due to sub-optimal politics, smugness, and some negative demographic changes. Those are all temporary.
China just finally got their act together. East Asians are smart and hardworking. There's no reason they shouldn't...