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Why Does the Stock Market Go Up Over Time?

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Why Does the Stock Market Go Up Over Time?

Earlier this week, I was listening to a podcast and the conversation on the podcast got me thinking. I have heard a certain statement time and time again. I have heard it from my pastor, my father and even the people I listen to on podcasts. They all have stated at one point: "The stock market is at its highest value in history." A lot of times this is said with the idea that the value of the stock market is a bad thing. And I will admit, there is no guarantee in the value of the stock market. It flucuates over time and it will go down, but will the fall be that bad?

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Americans Not Prepared for Emergencies

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Americans Not Prepared for Emergencies

Families struggling with finances was the topic of the Fed's latest report of 'Economic Well-Being of American Households.' There was some alarming data reported and Tyler Durden, an author at Zero Hedge, did a nice break down of data in his article on the site.One stat in particular jumped out to me. The Fed Reported "44% of the Americans surveyed don't have $400 cash for emergencies."