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Entries from February 2010

Is Gold in Your Retirement Portfolio?

September 24th, 2008 · No Comments

In times of economic turmoil money flows into the lowest risk investments.  That used to be the U.S. Dollar and U.S. Government Bonds, but with a massive economic crisis in the United States, where does money find safety?  Is gold in your retirement portfolio?
Many investors buy gold believing that it will provide a hedge against […]

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Tags: Investing

No Wall Street Bail Out!

September 20th, 2008 · 5 Comments

No Wall Street Bailout, without re-regulation, it is not a matter of justice but of confidence.  If the U.S. Government bails out their Wall Street buddies, without re-instituting the market regulations that have been stripped away by both Democrats and Republicans, American and International investors will not have the confidence to invest in the United […]

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Tags: News

Dead Cat Bounce!

September 18th, 2008 · No Comments

Retirement investors should be cautious following Thursday’s 400 point stock market rally.  After two days of plummeting share prices, the 4% rally on September 18, 2008, shows all the indications of being a dead cat bounce.  What is a dead cat bounce? Wikipedia describes it as follows:
“A dead cat bounce is a term used by […]

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Tags: Investing

Everyone Toast The Fed!

September 16th, 2008 · No Comments

Everyone, let’s all toast the Federal Reserve today, and I mean that in the nicest way.  The decision not to raise rates by the Federal Reserve, and the Treasury’s decision not to bail out Lehman Bros. over the weekend, should put to a close the latest ugly chapter in this credit crisis novel.  Not that […]

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Tags: Investing

America: Too Big To Fail

September 16th, 2008 · 1 Comment

 Too Big To Fail
To those of you who believe that the U.S. economy is going to collapse, you’re right, it should, if the U.S. were any other country it would, but it is not going to happen.  The reason? America is too big to fail.  America, no matter how corrupt it’s financial markets are, or […]

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Tags: News

Stock Market Crash

September 14th, 2008 · 1 Comment

Monday, September 15th 2008, and why is it always Mondays, may witness an historic stock market crash. Regardless, of whether the stock market collapses or not, it will be a bad day for brokers around the world, as nervous investors stalk them over the phone and in person.  Frightened retirees, will be hounding their brokers, […]

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Tags: Investing

Frugal is Green

September 11th, 2008 · 1 Comment

The Greenest Americans, are not Prius owners, organic shoppers, or Sierra Club members.  The Greenest Americans are Frugal Americans, who probably don’t realize, that they are doing the most to help save the planet.   Frugal Americans, because of their low consumption lifestyle, reduce their carbon footprint greater than almost anyone else.
Frugal is not to be […]

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Tags: Retirement

Obama McCain Retirement

September 8th, 2008 · No Comments

 
Speaking via satellite to an AARP gathering this past Saturday, both presidential contenders Barack Obama and John McCain, addressed the issue of retirement. The nominees agreed that Social Security needs to be strengthened and protected.  Obama presented to the group, his proposals on Social Security and Medicare reform, while McCain promised to set-up a bi-partisan […]

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Tags: News

Fannie Freddie and You

September 7th, 2008 · No Comments

What caused the failure of Fannie Mae and Freddie Mac, the government backed agencies who secure half the U.S. house lending market, and the sudden government takeover?  The answer is contained in a reuters news report, and bodes ill for the U.S. economy overall, but may provide a silver lining for retirees.
“The companies never lost […]

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Tags: News

Save Bus 39 North Beach San Francisco!

September 6th, 2008 · No Comments

 Save Bus 39 North Beach Telegraph Hill
If you are a retired senior living in North Beach or Telegraph Hill, or you know someone who lives in the neighborhood, it is imperative that you act now to save bus route 39 service.  Your ability to continue living in the North Beach Telegraph Hill area is threatened.
The […]

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Tags: San Francisco