Salient to Investors: Fareed Zakaria said: Britain, which created the world we live in, has become parochial and has essentially resigned as a global power: a tragedy for us all. The Royal United Services Institute predicts that the British army could shrink to 50,000, smaller than at any point since the 1770s
READ MORE... →Salient to Investors: Fareed Zakaria said: Russia is a great power in decline accounting for only 3.4% of global GDP versus China’s near 16% and almost 4 x Japan’s and 5 x Germany’s. China’s very different approach to foreign policy constitutes the most significant and dangerous shift in international politics
READ MORE... →Salient to Investors: Pew Charitable Trusts said: 82% of American Gen Xers – those born between 1965 and 1980 – with at least a bachelor’s degree earn more than their parents did, yet only 30% have greater wealth. 70% of Xers without a college education earn more than their parents
READ MORE... →Salient to Investors: Jaison R Abel and Richard Deitz at FRB of New York said: The value of an average US university degree has been near all-time high for more than a decade but may be only because wages of high school graduates have been falling. It takes the average student at least
READ MORE... →Salient to Investors: Richard Arum at NYU and Josipa Roksa of University of Virginia found: Students who did as little as possible during college continued to drift after graduation. Many college students took easy courses, regarded themselves as privileged customers, socialized heavily, and came away with little to show for
READ MORE... →Salient to Investors: The maxim “Don’t take a mortgage into retirement with you”’ is no longer true given mortgage rates close to historic lows and lower than on any other loan now or in the future. Better to invest surplus money dollars in a retirement investment account which should return more
READ MORE... →Salient to Investors: A. Gary Shilling at A. Gary Shilling & Co writes: The total labor-force participation rates tend was 63.5 percent in June 2013 versus 67.4 percent in early 2000. The participation rates of 16-to 24-year-olds has declined sharply since 2000 as slow economic growth, limited jobs and rising unemployment rates have encouraged
READ MORE... →Salient to Investors: Stephen Burd at the New America Foundation found almost two-thirds of private colleges for the 2010-2011 school year required students from families making $30,000 or less annually to pay more than $15,000 a year. 11 percent of students at Harvard and 14 percent at Yale received Pell
READ MORE... →Salient to Investors: Sarah Turner at University of Virginia said it is not just the sticker price and the net costs, but how likely it is that you will get into medical or law school or have some other opportunities if you choose the more prestigious college? Turner said if
READ MORE... →Salient to Investors: Moshe Milevsky at York University says: People with stable careers and regular paychecks – tenured professors, accountants, nurses etc. – should invest in bonds. People with variable incomes tied to the market or economy – salesmen, brokers, home builders, entrepreneurs etc. – should buy stocks. The most
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