by Phelps Admin | Nov 1, 2024 | David Phelps
While our politicians have been talking about raising the retirement age in this country for at least several years if not decades, other countries have already started implementing similar policies. But is this a good thing or a bad thing? Well, we have first to ask...
by Phelps Admin | Oct 28, 2024 | David Phelps
The U.S. national debt is rising by $1 trillion roughly every 100 days right now, which now stands at nearly $35.8 trillion as of 10/22/2024. To make matters worse, the Treasury has also drawn down its cash balance by $72 billion putting it over $275 billion in the...
by Phelps Admin | Sep 20, 2024 | David Phelps
Freddie Mac has proposed a “stimulus” program to enter the secondary home equity loan market, claiming it will cost the government nothing and add no more than $1 to the national deficit. The government entity wants this program implemented by the summer of 2024 and...
by Phelps Admin | Sep 20, 2024 | David Phelps
Our government never really needs a reason to spend our tax dollars—it does that on autopilot, spending about $218 million every hour. But as we enter into another election season, we should expect to see a lot more government spending, which will inevitably drive...
by Phelps Admin | Aug 13, 2024 | David Phelps
For the cost of notarizing a few documents, anyone (I repeat—anyone) can file private investment offerings with the Securities and Exchange Commission (known as “Reg D” offerings). Very few questions are asked. Now, I’m not advocating for licensing real estate...
by Phelps Admin | Jun 14, 2024 | David Phelps
The default for most is to hand money over to a financial advisor, the tradeoff is a loss of control and exposure to the volatility of Wall Street. Financial advisors will also recommend putting your funds into retirement accounts which will lock up your money until...
