Wow! Amazing 11% stock market rally in both the Dow and Nasdaq, on Monday, October 13, 2008, has many people breathing huge sighs of relief. Did we hit bottom? Only delay another bigger stock market crash in the future? Will the world have a recession or a depression? It all depends. It all depends on [...]
Entries from October 2008
Stock Market Rally
October 13th, 2008 · No Comments
Tags: Retirement News
Boost Retirement Income with Dogs of the Dow
October 8th, 2008 · No Comments
 Boost Retirement Income with The Dogs of the Dow Just because you have an asset allocation in stocks, does not mean that you have to forgo income, you can achieve higher rates of return than Treasury Bills or Money Market Accounts by considering the popular Dogs of the Dow for your stock portfolio. Almost everyone [...]
Tags: Retirement Investing
McCain Threatens to Raid Social Security
October 8th, 2008 · No Comments
Privatizing Social Security In the second presidential debate, between Barack Obama and John McCain, the Arizona Senator all but promised to raid Social Security if elected. If you think that the Bush bailout was nothing more than a raid on the Treasury, by Wall Street bankers, just wait until a McCain administration gives Wall Street [...]
Tags: Retirement News
Most Americans Delaying Retirement
October 8th, 2008 · No Comments
A new survey by AARP has found that 60% of Americans have decided to delay their retirement plans. The number of Americans delaying their retirements has more than doubled, from earlier this year, when AARP conducted a similiar survey. I have written extensively on the reasons why delaying retirement may not be the wisest choice. [...]
Tags: Retirement News
Retirement Accounts Have Lost $2 Trillion
October 7th, 2008 · 1 Comment
The economic decline of the last 15 months, has resulted in a staggering $2 Trillion loss to American retirement accounts, according to the head of the Congressional Budget Office Peter Orszag Public and private pension funds, and retirement savings accounts such as 401(k)‘s and IRA’s, have lost some 20 percent in value since mid-2007. And [...]
Tags: Retirement News
The Obama Factor – A Wall Street Bounce
October 7th, 2008 · No Comments
 The Obama Factor Update: November 5th, 2008. Well Obama won, and the stock market went down, will we see an Obama stock market rally over the next few months? Let’s track it, the Dow is at 9500, I’ll check back on December 5th. The original article starts in the next paragraph. Should you vote for [...]
Tags: Retirement Investing
Happy Birthday Green Retirement
October 2nd, 2008 · No Comments
Today marks one year for Green Retirement Planning. Green Retirement’s one year birthday also coincides with the worst economic news and outlook since the Great Depression. It’s no accident. I knew when I started developing Green Retirement, that it would be needed not only to save the planet, it was also going to be needed [...]
Tags: Retirement News
Economic Collapse Winners and Losers
October 1st, 2008 · 3 Comments
Everybody loses when the economy collapses, right? Wrong. There are definite winners in an economic collapse, and if you position yourself correctly, you can take advantage of the downturn. But first, before we get too excited about how we can benefit from general misery and suffering, make sure you are not one of the losers. [...]
Tags: Retirement News
