To open an insurance exchange in a state, one of the stipulations of Obamacare is for the state to expand Medicaid, the federal insurance program for the poor. Obamacare mandates coverage to be expanded to 138% of the poverty line. …
The City of Detroit has officially declared bankruptcy. (NY Times)
Due to a new initiative passed by lawmakers, new undergraduate loans taken out after July 1st of this year will pay interest rates of just 3.86%. Over the …
Today, I’m going to give as unbiased a review as I can of the Jackson National Perspective II Variable Annuity with LifeGuard Freedom Flex. A financial product like an annuity may not be useful for everyone, but there are those …
Bloomberg Businessweek scorns hedge funds with its cover “The Hedge Fund Myth” and this article’s headline…”Hedge Funds Are For Suckers.” An interesting article that delves into the decline of the hedge fund industry as a whole from alpha generators to …