Ted Bauman Explains Why Credit Market, Not Taxes, Are The Real Problem

Ted Bauman edits three financial newsletters for Banyan Hill Publishing, a company he joined in 2013. He grew up in South Africa and moved back to the United States a number of years ago. One of his financial newsletters is Plan B Club which helps people protect their money and keep it from being taxed as far as the law will allow. Another one, Alpha Stock Alert, gives people the information they need to safely grow their money. The other publication, The Bauman Letter, shows people the strategies to follow in order to gain personal freedom. While he was in college he studied economics.

As Ted Bauman points out, people in the U.S. have always had a preoccupation with taxes since the founding of the nation. It’s been a big topic of late due to the Republican tax plan that mostly dramatically slashed the taxes on corporations and the very wealthy. The reason we care about taxes he says is that paying them reduces our disposable income. What we could have used on some other items or, better for building our wealth, is sent off to the government. The average middle-class family pays somewhere between 15% and 25% of their gross income in taxes each year including both income taxes and FICA. That’s a pretty big number. Read more at ezinearticles.com about Ted Bauman

However, taxes are not really the problem Ted Bauman says. The real threat to everyone is the servicing of debt. It’s rather credit markets that are the real problem. Through credit markets massive amounts of money are taken from low-income and middle-class people and funneled to the richest household in the United States. It’s also pretty much invisible. Most people think the major expenses in their lives like their house, medical expenses, and education are a fundamental reflection of supply and demand. People think these things are expensive because there’s a lot of demand for them but, in fact, that isn’t even remotely true.

Credit is cheap in America for a reason and it’s because it benefits the mega-wealthy. If people couldn’t access credit everything would be far less expensive simply because they couldn’t afford to use cash to buy their house, for example. Because credit exists people go into massive debt for things that they otherwise couldn’t or wouldn’t buy. Ted Bauman points out that the richest families put their money into the consumer lending market which creates a system that feeds on itself for their benefit.

To know more on Ted Bauman, visit:http://www.talkmarkets.com/contributor/Ted-Bauman

 

Ted Bauman Shares the Reasons Why The Bitcoin Craze will Die Soon

 

The Bitcoin craze shows no signs of dying down and more people around the world are looking to purchase Bitcoin with its values breaking all previous record. But, Ted Bauman recently issued a warning to people who want to invest in Bitcoin as the currency of the future. Even though many experts call Bitcoin a bubble waiting to burst, people are still not shying away from purchasing more of Bitcoin. Ted Bauman provided a practical reason why Bitcoin might not work as a currency. Follow Ted Bauman at tumblr.com

For any currency to work well, it should be easy and fast to process. It is the reason why Visa became so popular and has replaced the use of cash. But, the processing time of Bitcoin is quite lengthy. If you consider a scenario where you want to pay for a purchase using Bitcoin and have to wait for about 20 minutes for the payment to go through, you might want to skip paying using Bitcoin in the future. It is a problem that Bitcoin users might face in the future if the Bitcoin miners keep using the technology that they are currently using. The problem is that there is not much that can be done to the Bitcoin technology other than reducing the amount of data in each mining block. But, it can lead to many security issues and cause further problems for the currency. The good news is that the Bitcoin miners are continuously looking for a way out of this problem. But, time is running out for them, and they need to find a solution quickly. According to Ted Bauman, it is best for investors to keep investing in Gold rather than Bitcoin if they want to secure their financial future. Avoiding the volatile Bitcoin market is the best thing that they can do for their future.

Ted Bauman has years of expertise and knowledge in the financial market and has been part of some major publishing houses. Currently, he is the director of the Banyan Hill Publishing and writes articles on the current economic and financial issues trending around the world. Ted Bauman spends most of his childhood and college life in South Africa where his family immigrated to once he was born. He went to the University of Cape Town and earned his post graduation degree in Economics and History. He has spent most of his adult life working for several non-profit organizations as financial advisors.

Read more on Sovereign Society:http://sovereignsociety.com/meet-the-experts/ted-bauman/

 

Matt Badiali Predicts Electric Vehicles Will Raise The Price Of Copper

Chilean owned mining company Codelo believs that copper will increase to $4.55 a pound during 2018 which is up forty-six percent from the current price which is up fifty percent from 2016. The change is credited to the electrical company’s acceleration, but the change was not expected to happen so fast. There is a slow reaction from mines when it comes to metal supply, demand can increase quickly having a major impact on the prices. There is expected to be a deficit in the supply that there is no reason to close the gap in.

Electric vehicles are part of the reason that the demand for copper is increasing. There is an average of one hundred and sixty-five pounds of copper in the average electric vehicle according to Morgan Stanley analysts. The battery is over eighty-eight pounds of copper, the vehicle is the rest. There is twenty percent copper in an electric car battery when it is weighed. The demand for copper will rise as the demand for electric cars increases since they cannot be made without copper. Learn more at Seeking Alpha about  Matt Badiali

Almost thirty-nine percent of the supply of copper is used in electronic and electrical products. Thirty percent of the copper supply is used in the construction of buildings. The largest economies in the world are what the prices of copper increases and decreases with. The price of copper will increase as the supplies gets tighter when there is a lot of economic growth. The price decreases when there is more copper than demand for copper when economic growth decreases.

Demand is currently rising. The one-year price target has increased to $3.20 a pound by Goldman Sachs, an investment bank. The prices were below $2.75 a pound for the majority of 2017. Follow Matt Badiali on Twitter

Matt Badiali has spent over twenty years studying natural resources. He is an expert in the industries of energy, mining and agriculture. He has owned oil wells, worked on drilling rigs, and went exploring abandoned mines to make his investments in natural resources profitable. Badiali has went around the world performing his research because he believes that you have to see things for yourself to know what is really going on. Read more:https://ideamensch.com/matt-badiali/

 

 

Ted Bauman Says Retirement Should Be Based on Value

There is a number on the dashboard of software for personal finance, according to financial gurus it one of the three most important numbers in your life. Your credit score and age are the other two. There financial indicators are more important than good works, ethics or morality. The other number is your net worth. Visit Ted Bauman at medium.com to know more

Future Speculations

There is a difference between value and price. The amount of money that someone wants in exchange for something is price. Such as paying $1.75 at Starbucks to get a grande, or buying a video game console for $299.

The subjective assessment of the usefulness of something is its value. While the price of the video game is set at $299, there are other things that you can do with that. Value is supposed to be indicated by price in the market, but they can become detached from the value. An example would be the toys children spun on their finger and the prices were high because of the demand until the children got bored with the toy. When demand dropped so did the prices.

Adding time to the relationship between price and value is where you get the net worth in the picture. Learn more at Seeking Alpha about Ted Bauman

The Next Generation

At retirement the assets making up net worth are usually cashed in, including homes. Some people sell their home to pay for assisted living to live out their remaining days in and be taken care of. If the younger generation does not have the money to buy the homes at the price used to measure net worth there could be a problem.

It looks like today’s younger generation will not be financially stable in 2037. The worth of every household would be $56,540 if the wealth was equally divided according to the global wealth report from Credit Suisse Research Institute. The top one percent have more than half the wealth with the average wealth being just over three and a half thousand dollars. Those who are worth more than the median is in the fifty percent of the richest of the population. Increasing inequality means that the numbers going into retirement might be faulty.

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