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Vanguard Chief Economist Joe Davis's has been a long-time Bitcoin skeptic, writing on Vanguard's website last February that he would not be surprised to see the value of the crypto coin to fall to zero. Now his post has been reprinted, this time as a paid-for post on ETF.com, giving the view renewed currency in the digital echo chamber. ... A Retirement Cost No One Talks About The Society of Actuaries’ Committee on Post Retirement Needs and Risks published an annual report called "Post-Retirement Experiences of Individuals 85+ Years Old" and while most findings aren't surprising, one survey result might be, even to advisors. When participants were asked how big an impact certain events had on finances in the last five years, one category finished neck and neck with medical expenses: rising utility costs. ... Crypto Miner Draws Some Heat, Into His Bathtub One at-home cryptocurrency miner has used the heat given off by his mining circuitry to run hot water into his bathtub, reports Motherboard. The miner, who goes by “Lee” and reportedly works in IT in Alabama, said he could even imagine a mining system heating a swimming pool. ... |