Even though the number isn’t exactly a “surprise” to most people, the April unemployment number topping 20.5 million is still eye-opening.
Personal finance has always been important, but for so many people now it’s even more crucial than it ever has been.
Here’s what I’ve been reading this morning:
- There seems to be some notion that Social Security is some kind of scam, or that it won’t be around when Millennials are eligible. Ben takes a look at why he is optimistic that won’t be the case.
- This post outlines some of the difficulties individual investors face when they get tied up in commodity ETFs. There has been a spike in oil and gold ETFs recently, but investors (traders) are quickly finding out it’s not exactly what they thought they were signing up for.
- In Michael’s latest post, he takes a look at the life cycle of some companies over the last few decades. From the rise and fall of JC Penny, to the emergence of massive companies like Amazon, Google, and other giants.
- There’s plenty of lessons to be taken from the situation, but Larry highlights four key lessons that stick out to him. He talks about the highly unlikely scenarios in the market, financial plans not being set in stone, and more!