“Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist,” John Maynard Keynes famously observed. Apparently, Charles G. Moore and Kathleen F. Moore are in thrall to a certain Columbia University economist from the early 20th century. Edwin R.A.…

Following on the heels of a softer jobs report, the friendly consumer inflation (CPI) readings last week boosted asset prices. Falling yields and growing expectations of a possible economic soft landing fueled the rally. The 2-year U.S. Treasury yield fell from 5.06% to 4.89%, while the 10-year declined from 4.65%…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…

The bottle Michter’s US*1 Kentucky Straight Bourbon, $50The back story This is the time of year I usually recommend a bottle of wine to pair with your Thanksgiving feast. But this year, I’m going to talk about American whiskey — and a very special brand of American whiskey (and a…

It’s time to assess your IRA plans and be sure to take before the end of the year the actions that can increase your financial independence. Many actions must be completed before December 31 or the opportunity to reap their benefits for this year is lost. In many cases you…

Mortgage rates fell for the third week in a row on Thursday, signaling a downward trend some economists predict will continue. Freddie Mac reported that the average rate on the benchmark 30-year fixed mortgage fell to 7.44% from 7.5% the previous week, but remains markedly higher than the 6.61% average…

Phoenix-based Grand Canyon University (GCU), the largest Christian university in the U.S., announced plans to appeal a $37.7 million fine imposed by the Department of Education (DOE), on allegations the Arizona higher learning institution misled students about the cost of its doctoral programs over several years. The DOE said in…

Earlier this month, I realized I needed to buy a new pair of sneakers. But this being November, I immediately said to myself: “Wait till Black Friday since there’s bound to be a sale.” Here’s the thing, though: I really needed those sneakers. And when I did a little checking…

The estate of the late actor, James Caan, who appeared in The Godfather and many other films and television shows, lost a recent Tax Court case that has lessons for other taxpayers. The case involved two of Caan’s IRAs. The IRAs owned interests in a hedge fund. The tax code…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The…