Crowdfunding is a recent phenomenon, through which many people have made a lot of cash and created very innovative ideas.

So, Is crowdfunding just another technology bubblegum that will inflate, pop and leave residue on your face?

Let’s take a gander…

With the recent New Democrat victory in Alberta, the populace has spoken and it got me thinking.

Why do people hate the rich?

The perspective is that they make more than their fair share and others are paid much less. American CEO's make 331x more than their average worker according to Forbes.

Damn.

But when we think of the "rich", we think of fat cat bankers, investors, speculators, hedge fund managers, traders, etc…

We're so tarnished.

What about the NHL hockey players, the NFLers, rock legends like U2 and Bon Jovi? Shouldn't they be a a part of that image? My guess is that they're not.

Down with the rich bastards and capitalists the populace cries! In with the new era of regulation, distribution and higher taxes!

But below is a piece that really made me think...

I don't know who came up with this originally, but it's a story generally attributed to a professor of economics.

It's how our current tax system works based on each segment of our population...

Every time the sun comes up offers a new opportunity for someone to sell you something with a guaranteed promise or return. Snake oil, Air Canada vouchers, world-peace-in-box, appendage enhancers for men and women alike, just to name a few.

Few things are completely guaranteed in life to give you a return. A savings account maybe? Nope, you lose to inflation.  The equity markets? Over the course of an extended time period, yes, with volatility.

Real estate markets? Over the course of an extended time period, yes, with a lot of borrowed money and sunk maintenance costs.

But there is one, bullet-proof guarantee way that you can make at least 20% on your money, instantly. And get $500 in the process.

If you have a kid, then you need a Registered Education Savings Plan right away.