Greg Sabin

Greg Sabin

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Depending on the time of day, Greg Sabin is either a financial planner, freelance writer, banjo player, or improvisational comedian. It gets very dangerous if he tries to combine any of the above activities. He lives in Sacramento, which means he's always just two hours from where he'd rather be.

articles

What's in President Obama's Portfolio?

Last week, President Obama said that buying stock is a "potentially good deal if you've got a long-term perspective on it." So, the question is, what is the President investing in? The answer: we don't know. But then again, neither does he. The Obamas' investments are held in something called a "blind trust." This type of trust is constructed so that the President and First Lady have no knowledge of what they're actually investing in, thereby... READ ON

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9 Bizarre Moments in Economic History

In the last 2,000 years, commodity shortages, financial speculation, wars, famines, and outright manias have created some pretty strange economic behavior throughout the world. Here are nine examples. 1. Cake or Death? In order to stop rising inflation and devaluation of the currency in third century Rome, Emperor Diocletian instituted fixed prices on most consumer goods. Anyone selling goods at prices higher than those of the emperor was put to death; this led to hoarding of goods. A law was then... READ ON

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Nightmare on Wall Street: 4 Other Times Our Economy Tanked

When we think of economic crises in America, two periods come to mind—the Great Depression and whatever it is we're in the middle of right now. But the U.S. stock market has crashed more times than we'd like to admit. Historically, our economy has been brought to its knees by everything from greedy bankers to horse illnesses. So let's take a deep breath and remember that panics are just part of the American way of life. 1. The Panic of 1873: America Stops Horsing Around... READ ON

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