Featured StorySince President Obama's speech Tuesday night, I have read a lot of articles dissecting his remarks and picking his proposals apart. As you might suspect, the vast majority have been politically charged by one side of the aisle or the other.
As Chief Investment Strategist for Money Map Press, I can't afford the luxury of taking sides. It's my job to help the hundreds of thousands of investors who are part of our "family" keep and grow their money... politics aside.
That's why I put together these five bullet points - key takeaways, really - from the president's speech that can help you grow your money this year and for the remainder of his second term.
Take a look...
state of the union video
Minimum Wage Increase: Obama's Proposal and Realities
In his State of the Union address Tuesday night, President Barack Obama urged Congress to raise the minimum wage from $7.25 to $9, saying the move would reduce poverty and stimulate the economy.
"Tonight, let's declare that in the wealthiest nation on Earth, no one who works full-time should have to live in poverty, and raise the federal minimum wage to $9 an hour," President Obama said. "This single step would raise the incomes of millions of working families. It could mean the difference between groceries or the food bank, rent or eviction, scraping by or finally getting ahead.
"For businesses across the country, it would mean customers with more money in their pockets. And a whole lot of folks out there would probably need less help from government."Read More...