Month: November 2017

Bitcoin mania will end in tears

Unless you are living under a rock, you surely have heard of bitcoin as it surpassed the $10,000 mark yesterday and briefly topped $11,000. You may have no idea what it is or how it works but the stories of kids turning into multimillionaires in short order are undoubtedly tickling your greedy side. We are all human and can't resist the thought of turning a few dollars into millions and then enjoying ourselves sipping a drink with a tiny umbrella on some exotic beach. But please heed my warning. The bitcoin mania will end in tears for most investors (especially those considering buying late in the game) and unless you are in it for a quick buck and trade, then please don't give into temptation.

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Growth alert: New home sales hit 10-year high

Sales of new single-family homes surprised economists in October to the upside. Sales rose last month hitting their highest level in 10 years amid robust demand across the country. The Commerce Department said new home sales increased by 6.2 percent to a seasonally adjusted annual rate of 685,000 units. That was the highest level since October 2007 and followed September's strong 645,000 units. It was the third straight month of rising new home sales growth showing the strength underpinning the US economy.

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How to Be a Better Interviewer

How to be a better interviewer? Great interviewers were made, not born. It takes practice, work, and making lots of mistakes. Here are resources that helped me prepare as I launched the Inspired Money podcast. The good news is that there is not just one way to do it. Find the way that works best for you, then rinse and repeat. 

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Dr. Robot? Chinese robot is the first to pass a medical exam

In China, a robot has passed the written test of their national medical licensing exam, an essential entrance exam for doctors, making it the first robot in the world to pass such an exam. While many people will worry about how this will affect jobs in the future, the initial impact should be extremely positive in assisting doctors to analyze data faster and more comprehensively than ever before. This could also help to reduce healthcare cost while improving outcomes.

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