Good Reason For a Plan B
Good Reason For a Plan B SB
This Story From The 3rd Century Will Sound Quite Familiar To You
January 29, 2024 James Hickman / Simon Black
[Important Reminder: In case you missed our announcement from January 24, Sovereign Man has merged with Peter Schiff's media group. We are now called Schiff Sovereign, and our founder (Simon Black) has dropped the pen name and is now writing under his real name, James Hickman.]
When Publius Licinus Valerianus (known as Valerian) became Roman emperor in September of 253 AD, people across the empire must have breathed a sigh of relief.
“Finally,” many Roman citizens probably thought, “There’s an adult in the room.”
The Roman Empire at that point was in the midst of its infamous ‘Crisis of the Third Century’. The Empire was recovering from a nasty pandemic known as the Antonine Plague. Inflation was soaring. Conflict with their enemies-- especially in the Middle East-- was intensifying. Social tensions were growing. Crime was rising. Trade was declining. The economy was on the ropes. Taxes were going up.
What Happens If My Bank Account Becomes Dormant?
Rebecca Lake, CEPF® Mon, January 29, 2024
Using multiple bank accounts can be a good way to separate funds for different financial goals. However, if you forget about one of those accounts it could end up falling dormant. A dormant bank account is an account that registers no financial activity for an extended period of time. The amount of time that it takes for a bank account to be considered dormant can depend on the bank.
Dormant Bank Account Definition
A dormant bank account is a bank account that has no financial activity occurring for an extended time period. Generally, a bank account may be ruled dormant if there are no new:
Deposits ** Credit transactions ** Debit transactions ** ACH transfers in or out of the account
ATM withdrawals ** Debit card purchases ** Automated transactions, such as preauthorized bill payments
How To Protect Yourself From The Venmo, Zelle And Cash App Scam
How To Protect Yourself From The Venmo, Zelle And Cash App Scam
Kurt Knutsson, CyberGuy Report Sat, January 27, 2024
Imagine walking down the sidewalk and being confronted at gunpoint by a crook.
Open the payment app on your phone and transfer out your hard-earned cash, or take a bullet in the head. That’s one phone cash ripoff scenario of many playing out in real-life America.
Other cash app crimes are happening due to the vulnerability of an unlocked iPhone without the new Stolen Device Protection turned on in iOS. These are examples of how mobile payment apps can put your money and your life at risk.
Do you use mobile payment apps like Venmo, Zelle or Cash App to send and receive money? If so, you're not alone. These peer-to-peer payment services now handle an estimated $1 trillion in payments. And with that much money involved, there are also now a lot of fraud and scams going on, according to Alvin Bragg, the Manhattan district attorney. He says these apps are exposing many people to scammers and thieves and are costing them a lot of their hard-earned cash.
Who Are You After Financial Independence?
Who Are You After Financial Independence?
Post From Your Money Or Your Life
Financial Independence, FIRE, Money and Life By Vicki Robin
Your Identity Closet: What shall you wear now that you are free?
In high school all three sororities asked me to join – three different flavors of girls to giggle and gossip with. I must have joined one because my actual memory isn’t of joining. It’s of dropping out in protest to some clique cruelty. When offered options A, B or C – I chose D. Life went on. I didn’t make a habit of rebellion.
In fact, I developed quite a High School resume of clubs, groups and honors. Yet I’d learned that you can step outside any box you want to – and survive.
By my mid-20’s I’d built a serious smoking habit. Serious because I’d picked up a disaffected Galoise smoker identity when I lived in Europe, translated that to Pall Malls in the United States and was burning through a pack a day. It made me feel intellectual and complex.
"Strategy to Retain Wealth" by Quantum Warrior
"Strategy to Retain Wealth" by Quantum Warrior
Emailed to Recaps 11/19/2013 From Archives
(Dinar Recaps Note: This post is for informational purposes only. It is not legal, tax or investment advice. Dinar Recaps advises that everyone do their own due diligence and seek local Professional tax, legal and/or investment advisers.)
Strategy to Retain Wealth by Quantum Warrior
The "recipe" below is my personal one- if it does not suit you, don't do it. If you don't like the ideas, fair enough, we all have that right, but please don't complain to Recaps or me, just read something else. The usual disclaimers apply- do your own due diligence, every situation is different.
Like all of you, I am not wealthy now (except possibly spguru :-) ). However, I have spent considerable time working on my strategy to retain the wealth, there are lots of comments in many posts (including my earlier one) about not behaving like a lottery winner. What does that mean? Simply spending like the money will never run out. It will.
Bravo’s Andy Cohen Reveals Red Flags He Missed As Scammers Duped Him, Stole His Money
Bravo’s Andy Cohen Reveals Red Flags He Missed As Scammers Duped Him, Stole His Money
Susan Tompor, Detroit Free Press Tue, January 16, 2024
One can hear about a long list of too-trusting Grandmas, job-hunters hit by scams, widows hurt when looking for love, and so many others who sadly lost big money to crafty cyber predators. But then, maybe, it really resonates when a pop culture celebrity who rang in the New Year with millions watching CNN talks about seeing money vanish from his own bank account.
Lots. Of. Money.
Andy Cohen, the high-energy, buzz-generating executive producer of the "Real Housewives" franchise and co-host with Anderson Cooper of CNN's New Year's Eve live coverage from Time's Square, has gone public with how he lost his debit card one day, received what claimed to be email from his bank's fraud department another day and then shockingly discovered shortly afterward that cyber crooks made off with his money using three wire transfers out two of his bank accounts.
"When money is wired, it's out the door and gone," Cohen told me via email.
"Typically," he told me, "banks will not return money if you've given someone access to your account and then the transfers have been completed."
10 Ways You Can Lose All of Your Wealth in Less Than Five Years
10 Ways You Can Lose All of Your Wealth in Less Than Five Years
Sean Bryant Mon, Dec 11, 2023
One of the greatest fears for many people is to suddenly find themselves stripped of their wealth through mismanagement or bad investments. Unfortunately, this fear can become a reality in a matter of years if you don’t take steps to protect your finances.
In this article, we will explore 10 ways that can lead to the loss of your wealth within five years and offer suggestions on how to be smart with your money and avoid such financial circumstances.
Get Ready To Spend Two Years In Prison
Get Ready To Spend Two Years In Prison
Notes From the Field By Simon Black January 2, 2024
If you happen to be a small business owner in the Land of the Free, you are looking at potentially two years in prison if you don’t comply with a new law that just took effect yesterday.
It started nearly five years ago, in the spring of 2019.
Back then, a member of Congress from the state of New York-- a career politician with five decades of experience named Carolyn Maloney-- introduced a new bill to the House of Representatives called the Corporate Transparency Act, or CTA.
At first her bill didn’t go anywhere.
But the following summer, during the peak Covid insanity of 2020, the CTA was jammed into the nearly 1,500-page National Defense Authorization Act (NDAA), i.e. the military budget that Congress is required to pass each year.
Why This Boring, 5,000 Year Old Metal Could Become the Next Hot Commodity
Why This Boring, 5,000 Year Old Metal Could Become the Next Hot Commodity
Notes From the Field By Simon Black December 14, 2023
Over four thousand years ago in the early 2200s BC, the most dominant superpower in the world was the Akkadian Empire. The Akkadian Empire had conquered all of ancient Mesopotamia and brought the neighboring kingdoms under its control.
And the Emperor at the time, a man named Rimush, wanted to demonstrate to the world just how wealthy and powerful his Akkadian Empire truly was.
So he commissioned a statue to be built— a statue of himself, obviously. And he had it made from the most valuable substance in the world. But Rimush’s monument wasn’t made of gold. Or even silver.
Another Central Banker Admits The Truth About The US Dollar
Another Central Banker Admits The Truth About The US Dollar
Notes From the Field By Simon Black November 28, 2023
On March 20, 1602, after a few years of painstaking negotiations, a deal was struck amid the cobblestone streets and legendary waterways of Amsterdam that changed the world of finance forever.
The Dutch Republic (as it was known back then) was already a major economic power in the early 1600s; Dutch merchants boasted enormous fleets of thousands of ships and lucrative trading posts around the world. Money was pouring in to the economy.
But at the same time, competition was fierce. England, Spain, Portugal, etc. all wanted in on the vast wealth that Dutch merchants were minting from the spice trade.
New Relationships Bring Butterflies, Excitement And … Talks Of Splitting Costs?
New Relationships Bring Butterflies, Excitement And … Talks Of Splitting Costs?
‘As confused as a goat on AstroTurf’: This retiree is annoyed his new spouse won't help pay for property taxes, maintenance and insurance — on a home she doesn't own. Who's right?
Sabina Wex Mon, November 27, 2023
Or at least that’s been the case for one New York Times reader. A recently married retiree wrote into the paper’s advice column, “Social Q’s,” for guidance on how to convince his wife to split the costs of maintaining his home, which they both live in. While he’s already paid off the mortgage and only his name is on the deed, he’s “as confused as a goat on AstroTurf” as to why she’s not contributing to the annual property tax and insurance bills.