It’s Labor Day here in the USA and that means it’s time to celebrate the workers of America. Unfortunately, this is a tough day to celebrate when so many people are out of work. The current 7.4% unemployment rate is a level that’s historically consistent with past recessions. So, if you have a job be thankful. And while we celebrate the employed we shouldn’t forget about all those unemployed out there.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.