Company Pension Rule of Thumb
A good rule of thumb for a snapshot analysis: Years of coverage equals asset balance divided by net outlay.
Category: Economics
Earning a living, investing for retirement, and understanding how world events impact our living standard.
Russia, Oil Prices, and the Ruble
A dropping oil price inevitably causes the ruble to fall.
Government Economic Policy Importance
The selection of projects of national interest and the spending to accomplish them affect the nation's GDP more than any single corporation.
Missing Side of Budget Debates
In making budgetary decisions, the change in net worth is at least as important as a yearly deficit.
Inflation Measurement
Actual inflation occurs when your income can't buy the same daily goods with your salary