Archive for February 2017

The Ricks Report – February 21, 2017

­ The Ricks Report February 21, 2017 Numbers of $ignificance FEWER CHOICES – There were 1.65 million existing homes for sale nationwide as of 12/31/16, a total that has dropped 460,000 in the last 6 months. The 1.65 million “for sales” is the lowest level ever reported for a statistic tracked since 1999 (source: National…

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The Ricks Report – February 13, 2017

­ The Ricks Report February 13, 2017 Numbers of $ignificance NOT QUITE FREE TRADE – The United States exported more goods and services in calendar year 2016 to the United Kingdom and Japan ($119 billion of combined exports) than we exported to China ($116 billion). The population of China (1.39 billion people) is 7 times…

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The Ricks Report – February 6, 2017

­ The Ricks Report February 6, 2017 Numbers of $ignificance RENTERS SOAR – The 109.6 million households in the United States on 12/31/06 were split between 75.4 million owners and 2 million renters. The 118.6 million households in the United States on 12/31/16 were split between 75.6 million owners and 43.0 million renters (source: Census…

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Helping Make Your Retirement Money Last

For every five years longer a retiree lives, he or she spends about 15 percent less on average. This means that people in their 70s spend about half of what they do in their 50s. Even with the ramp-up in medical expenses that often comes later in life, retirees still tend to spend less as…

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