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This week (while we watch and wait for the markets to tread water) I’d like to address a scenario or two facing a lot of our readers. Here’s the first: You’re close to or at retirement age. You own your [...]
“Okay, it’s all very well talking about making a profit here and there, but what about income?” True, income is a separate deal and it’s certainly hard to come by currently when you think that government bonds (considered the safest [...]
Welcome to 2009 and all the adventures it holds. And trust me, there will be many adventures (read: a wild ride in markets). Sitting on a losing trade or stock? Just wait 5 minutes. Especially if it’s a currency trade. [...]
I’ve been asked to clarify a few things and this will serve as a good 2008 review/2009 best-guess estimate. Remember: these are only best-guesses. Nobody could predict Madoff with any certainty so there are always wildcards out there. These events [...]
What You Want to Hear For years, the government, Wall St. and the media all told you what you wanted to hear: that stocks, real estate and prosperity would continue up forever. For some- the informed few- they were right. [...]
You make decisions that will affect your life, sometimes in a profound way, based on the information you receive and perhaps even more so, based on what ‘feels right’. If you make the right choices, you get rich. Make the [...]
Back in the day, I was a professional pilot. Before GPS, we would navigate from one radio beacon to the next. A little needle would point us in the right direction to get to a beacon. Once we flew over [...]
Some time back I imagine, a certain ‘financial expert’ said these words to you: “Invest for the long term in a diversified portfolio with the most beneficial tax breaks.” Sound familiar? Hmmm. How good do you think that advice was [...]
This year’s turkey might be a little leaner than usual, but to some, it’s even fatter… Something that’s hard for many to get their heads around is the fact that the stock market isn’t the only thing to make money [...]
A friend of mine works at Disney. She and 6 colleagues had a photo shoot inside the theme park one day. The photographer asked them to form a single-file line. She turns around no sooner than a minute after the [...]
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