Brendan Fox

20 Flips | 1 Magazine | 2 Likes | 2 Following | 1 Follower | @bjfox37 | Keep up with Brendan Fox on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Brendan Fox”

Frugality Isn’t What It Used to Be

What use is there today for one of the oldest virtues?<p>As many Americans go about their days, I imagine they have two little angels perched on their shoulders, whispering conflicting messages about happiness and material wealth. One angel is embodied by James Altucher, a minimalist self-help guru …

Personal Finance

3 Buy-and-Hold Stocks You Can Rely on for the Next 5 Years

<i>Editor's pick: Originally published Jan. 4.</i><p>Every portfolio needs a few reliable buy-and-hold names that will keep it profitable, secure and protected …

Western oil firms must innovate or die

Companies such as Exxon, Shell and BP could stop exploring and provide equipment, knowhow and technologies to oil-producing countries<p>Now that oil prices have settled into a long-term range of $30-50 a barrel (as described here a year ago), energy users everywhere are enjoying an annual income boost …

Savings Account Offers: Compare and Apply

5 stocks everyone in their 30s should own

You might think that your younger years are a great time to roll the dice on "it" stocks like Tesla Motors and Netflix, but that's simply not the case.<p>Instead, here are five stocks our analysts feel could provide 30-somethings with outstanding long-term results.<p>John Maxfield: If there's one stock …

S&P 500

The 20-year savings plan that lost money

In 1993, Jim Cowie began a regular Child Plan investment scheme with Norwich Union for his grandson to have on his 20th birthday. To Cowie’s horror, after paying in £4,000 the fund was worth just £3,000<p>Jim Cowie has thoughtfully invested around £4,000 for each of his three grandchildren so they …

Are We Close To The Next Stock Market Collapse?

Due in large part to actions by the Federal Reserve and the lack of good investment alternatives, the stock market may be in the midst of one of the greatest bull markets of all time. With interest rates on cash at record lows and much of the bond market will likely suffer losses when interest …

Secrets Second-Time Entrepreneurs Know About Managing Money

The failure rate of start-ups is close to 90%. So with 9 out of 10 start-ups headed for failure—and I speak from experience—financial management tops the list of challenges for first-time entrepreneurs.<p>Being aware, smart and surgical with your capital will not only make you one of the few …

Entrepreneurship

There is too much of almost everything

The Wall Street Journal recently ran an article called, Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation risk. To me, this is a very serious issue, quite likely signaling that we are reaching what has been called Limits to Growth, …

Economics

Why Our Kids Don't Have The Money Smarts To Live In The Real World

Shame on us for not teaching our kids to be financially literate. But, in fairness, how can you teach something that you, yourself don’t understand?<p>If you don’t believe our collective lack of knowledge, don’t take it from me. A 2014 survey conducted by The National Foundation for Credit Counseling …

Bookshops are closing down everywhere you look. So we decided to pop up

We have only known turmoil in our bookselling lives. The career officially began in 2008 with a little second-hand bookshop in the picturesque Adelaide Hills. A tranquil setting, a cute shop, the smell of old books, a genteel community. What a life. Technology was obviously already encroaching but …

Should The Fed Tell The Truth?

The stakes were already high going into this week’s US Federal Reserve policy meeting. But the surge in the dollar and the fall in oil prices, alongside disappointing economic data both at home and abroad, have led many to speculate greatly on whether the word “patient” will be included in the …

Economics

How Much Of Your Income Should You Save?

There’s no question more fundamental to personal finance than how much money we should save. Our savings rate is the cornerstone of virtually every other decision about money we make. It affects everything from buying a home to saving for emergencies to retirement.<p>Yet the guidance on this important …

Retirement

America's Trade Deficit- The Job Killer

Surveys show that the average citizen understands the importance of the manufacturing sector and manufacturing jobs. Therefore any good news about manufacturing and job growth gets a lot of play in the media<p>In a report, titled U.S. Manufacturing Nears the Tipping Point: Which Industries, Why, and …

Why Mark Cuban is Wrong About Startups and PR

PR is not an easy field to hack. Even the best-designed media strategies—and, perhaps, especially the best-designed media strategies—require foresight, deliberation, and repeated, personalized outreach and follow-up.<p>In other words, they require lots of time. And there’s really no way around that. …

Startups

The Oil Crash Has Provided A Once-In-A-Generation Opportunity

<i>The fall in the price of oil and gas provides a once-in-a-generation opportunity to fix bad energy policies</i><p>Most of the time, economic policymaking is about tinkering at the edges. Politicians argue furiously about modest changes to taxes or spending. Once in a while, however, momentous shifts are …

Natural Gas

Meet the 27-year-old inventor backed by Bill Gates and Peter Thiel

Scientist Danielle Fong, 27, has been running her company LightSail Energy for six years and has yet to bring a product to market. In fairness, she …

11 Financial Books Every Young Person Should Read

Those of you who are seeking investing enlightenment are not going to find much of it on the web.<p>I suggest you log off, power down your computer, and read some books. Take your time. The months you spend perusing this list will be well spent.<p>I'd recommend reading at least the first four books …

Investing