I’m incredibly angry about what has happened in our country in the past several years. At the height of the housing bubble, we had trained economists telling us that houses would never drop in value, and in 2004, with interest rates at near-historic lows, our Federal Reserve chairman, Alan Greenspan, told us that we would [...]
Continue reading...31. March 2009
How do you envision your future retirement? Some shocking statistics recently caught my eye. The median IRA balance is just $55,000, and the median 401(k) balance is just $15,000. Baby boomers are working longer, since most do not have enough saved to retire comfortably. And, given the statistics, it’s likely you are in the same boat. Why [...]
Continue reading...8. October 2008
The fear is palpable. I read it in your emails and I see it in your Twitters. The stock market has plunged (as I write this, two days in a row) and your retirement money is getting sucked dry. If you own a house, it’s probably worth less than it was a few years ago. [...]
Continue reading...29. September 2008
Much has been said about the $700 billion bailout. Our financial news is filled with complex terms like “credit default swaps” and “collateralized debt obligations.” Instead of overwhelming you with financial terminology and fear, this blog post is designed to help you figure out what you can do with your money to help solve the [...]
Continue reading...27. May 2008
What do you really want out of life? I’m willing to bet that your goals include a form of “spend more quality time with my family” and “Have more days when I am truly happy.” We all have goals, dreams, and hopes, but all too often they’re quashed as we join the rat race to [...]
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2. April 2009
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