Illinois, New York and California continued their streak as the nation’s biggest losers of residents and their wealth to other states, according to a Wirepoints analysis of newly-released Internal Revenue Service migration data.
In an age of macro-economic turmoil and stress, the risk of the tide going OUT is far greater than the odds of a rising tide lifting all boats. So as Warren Buffett famously quipped … “Only when the tide goes out do you discover who’s been swimming naked.” And of course, if that happens to be you
Markets matter more than ever … Read More »
Pension Problems Piling Up … Anyone paying attention knows the world is facing a global pension crisis. And if you don’t think it will affect you … think again. Consider this report recently issued by the Federal Reserve Bank of Chicago … How Should the State of Illinois Pay for Its Unfunded Pension Liability? The
Pension Crisis Threatens Property Owners Read More »
You may have heard … Illinois is a mess … at least financially. Of course, there’s opportunities in there for real estate investors paying attention. So let’s take a look and see what we can learn … Rauner: Tax burden driving Illinois businesses, people to flee state– Lake County Gazette, 6/7/17 (Bruce Rauner is governor of
America’s MOST messed up state … Read More »