Business

Artist's impression of what Bitcoin did today...

Today was all about Bitcoin - no matter what kind of investor you are...

Via The Daily Bell

In case of emergency, you should always have a solid chunk of cash on hand. These days, that isn’t much riskier than keeping your money in a bank.

There are stories of banks and governments suspending accounts for no legitimate reason. Furthermore, the interest rates at banks hardly give you much incentive to store your money there.

But as with anything that gives individuals more control over their lives, the government doesn’t like it. They want the ultimate control to cut you off from your economic power.

Via Political Calculations blog,

Authored by Axel Merk via MerkInvestments.com,

With the stock market and Bitcoin reaching all-time highs, what can possibly go wrong? In offering my thoughts on 2018, I see my role in reminding investors to stress test their portfolios. Is your portfolio built of straw, sticks or brick?

First, let me allege many investors have portfolios built of straw and sticks rather than brick. How do I know this? Here’s a brief check:

According to an analysis from the Tax Policy Center, the Senate's recently passed tax plan will increase the after-tax income of folks in every income bracket.  Of course, there are exceptions to every rule and plenty of arguments to be had between the Left and Right over how the tax savings scraps should be divvied up, but in the aggregate individual tax payers should see their net incomes increase in 2019.