Equity 1 Group
Pushing back the frontiers of economic ignorance and restoring sound financial foundations, one family at a time.

Archive for the ‘Uncategorized’ Category

Realtors: Homes Prices Least Affordable in Decade

June 21, 2018

Home price appreciation, coupled with rising mortgage rates, have pushed three-quarters of average wage earners out of the market with property costs rising faster than wages in 64 percent of regions surveyed NewsMaxFinance  |  Bloomberg News The American dream continues to fade for many people. Housing affordability dropped this quarter to the lowest since late […]

People are getting loans to pay for their vacations.

June 21, 2018

“It’s one thing to finance your education or home purchase, or even a car purchase in some situations … but to finance a vacation is to me just insane. If you can’t afford to pay for your vacation out of cash on hand, don’t take a vacation.” MarketWatch  |  Maria Lamagna Denise Phillips, a military […]

The Financial Elite Will Soon Prevent You Accessing Your Own Money! [Audio]

June 21, 2018

Audio “LISTEN UP” Jim Rickards

Texas Gold Investors Just Got Their Own Fort Knox

June 21, 2018

That makes the yellow metal especially favorable—now more than at any time since the financial crisis. FrankTalk  |  Frank Holmes If you live in Texas and have any extra gold bars, coins and/or jewelry lying around that need safekeeping, you’re in luck. The Texas Bullion Depository, the first of its kind in the U.S., officially […]

Venezuela’s hyperinflation at new dizzying high!

June 11, 2018

Yahoo  | AFP Venezuelan 500 and 5000-Bolivar notes are pictured in Caracas on January 16, 2017; the country’s sky-high inflation rate soared to 24,571 percent between May 2017 – May 2018 (AFP Photo/JUAN BARRETO) Caracas (AFP) – Venezuela’s sky-high inflation soared to 24,571 percent in the past 12 months, lawmakers said Monday. President Nicolas Maduro’s […]

Bitcoin price plunges after cryptocurrency exchange is hacked

June 11, 2018

Security fears rise as South Korea’s Coincheck loses about £28m of virtual currency. TheGuardian  |  Julia Kollewe Cryptocurrency exchanges trading bitcoin have been hit by a series of thefts in recent months. There has been a sharp drop in the price of bitcoin and other virtual currencies after South Korean cryptocurrency exchange Coinrail was hacked […]

Auto Lenders Ramp Up Risk to Win More Customers

June 10, 2018

Banks, other lenders making longer-term car loans to customers who must stretch to make payments. WallStreetJournal  |  AnnaMaria Andriotis and Christina Rexrode A salesperson at a car dealership speaks with the driver of a car in Moline, Ill. In the first quarter, the average loan term for a new car exceeded 69 months and more […]

Should You Be Worried About Social Security and Medicare?

June 9, 2018

“People under 50 are paying into a system that can’t afford to pay them the benefit it’s promising them, and I don’t think they realize it.” NewsMax  |  Associated Press An unexpected weakening in the finances of Social Security and Medicare has raised concern about the bedrock programs for the middle class. The problems may […]

Corporate ‘Crash Insurance’ Looks More Like ‘Sleight of Hand’

June 8, 2018

“It’s a sort of “rob Peter to pay Paul” move that used to border on being illegal…” NewsMax  |  Peter Reagan When an illusionist is performing a card trick and makes “your” card appear in your pocket, they’ve likely used a sleight of hand maneuver to pull it off. When big companies prop up the […]

How much of your wealth is trapped?

June 8, 2018

“you can be a millionaire and sill live below the poverty line, as measured by income!” NewsMax  |  Andrew Packer There are about 15.3 million millionaires in the United States. That works out to just under 5 percent of the country’s population. But a measure of net worth doesn’t describe wealth. And that’s something we […]