THE GOLD COIN – INFLATION Fiat money, by definition, is money that has no backing such as gold or silver to give it value.  The Tenth Amendment of the U.S. Constitution disallows the government from printing fiat money.  In the old days, the government had to have silver or gold to back the value of…

THE VALUE OF THE DOLLAR In order to get ahead in today’s financial world, you must first realize the challenges you will be facing in the future.  You may discover that in today’s economy even the most basic concepts such as saving money is getting more and more difficult. You may feel the stress and…

AVERAGE vs. ACTUAL Since you’re the only one at risk when trying to achieve a higher rate of return, you should take some time to discover how rates of return can be misleading and misunderstood. As an example, let’s use the DOW Industrial Average over a 10-year period, using the annual rate-of-return performance for the…

WHERE DO PROBLEMS START – THE PREMISE In the past, traditional thinking has used the same premise when it comes to your personal financial planning. That premise or process for growing wealth has not changed over the past 60 or 70 years. The lesson is, if you attempt to measure accuracy and success with a…

THE VELOCITY OF MONEY In discovering how money works in your life, you must understand the principle of the velocity of money. Everyone from the government, banks, financial institutions, and the average-American consumer desires the velocity of money because it is needed to achieve their financial goals. The definition of the velocity of money is…