Something You Should Know about the US Economy

April 17, 2012

Interview with Jane Hodges, author of the book Rent vs Own

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Mike Carruthers:
Conventional wisdom has always been that owning a home is better than renting but that’s not necessarily true anymore because home buyer behavior has changed.

Jane Hodges:
In the past people used to put really large down payments down on their home and pay them off quickly but as time has moved on people tend to put less down and they stay for a shorter amount of time.
 

August 4, 2011

Interview with Dan Pink, author of the book  A Whole New Mind: Why Right-Brainers Will Rule the Future

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Mike Carruthers:
If you're worried about your current job or where your next job is coming from, you're in good company - no one really knows what the future holds.

Dan Pink:
Ten years from now, twenty years from now a lot of the work that people are going to be doing is going to be in professions that don't exist in industries that haven't been invented yet.
 

March 21, 2011

Interview with Dan Gardner, author of the book Future Babble: Why Expert Predictions Are Next to Worthless, and You Can Do Better

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Mike Carruthers:
When you watch television, news and business shows there’s no shortage of experts predicting the future of politics, world events and the stock market. Are they accurate?

Dan Gardner:
What you need of course to access expert prediction accuracy is a proper experiment unfortunately that experiment has been done.
 

October 20, 2010

Interview with Ken Kamen, author of the book Reclaim Your Nest Egg: Take Control of Your Financial Future (Bloomberg)

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Mike Carruthers:
Now that the economy seems to be recovering, everyday investors want to know where to put their money.  

Ken Kamen:
Spending a lot of time picking through which individual companies to own is just not the best use of the casual investor's time.