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Well, the big day came and went. The Obama team announced the stimulus package… and the stock market fell through the floor when it was supposed to do just the opposite. What went wrong? It’s a new administration and they [...]
Money is a zero-sum game. Any time someone receives money, someone else has parted with it- this is the basic law of economics. A simple example is you buying something from a store; a profit was made at your expense. [...]
My thanks for all the kind feedback about last week’s piece, A Blessing in Disguise. It’s good to know that our readers appreciate a broad spectrum of analysis that includes the philosophical variety. It’s also good to know that our [...]
I’m tired of being the messenger of bad news, so this week I’m going to talk about something different… something positive! Hey, it wasn’t me who burned the economy by allowing banks to leverage their assets by 30:1, I’m just [...]
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 [...]
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