Fed Focus On Inflation  There’s been a lot of talk about inflation in Europe and Japan in recent years. In fact, Japan has been desperate to keep up with their inflation targets. Likewise, the Federal Reserve (led by Janet Yellen) here in the U.S. aims to have 2% inflation. The reason why there is so much focus on inflation is because it signals a healthy economy. What Is … [Read more...]

Compound Interest I was about six when I first learned about compound interest from my uncle. We were walking around China Town and came across a bank. He explained how if I deposited money in the bank, I could earn interest for just keeping it there. After many years, it would compound and I would be wealthy! At that age, I was too young to understand just how powerful … [Read more...]