Archive for February, 2012
Many people underestimate lifestyle costs, medical expenses and What is enough? What is not enough? If you’re considering retiring in the near future, you’ve probably heard or read that you need about 70% of your end salary to live comfortably in retirement. This estimate is frequently repeated, but that doesn’t mean it’s true for everyone; [...]
WEEKLY QUOTE “Love is the master key that opens the gates of happiness.” – Oliver Wendell OIL APProaches $110 PER BARREL As NYMEX crude futures settled at $109.77 Friday, economists wondered how the U.S. consumer might cope if $5 gas became a reality. Spurred by supply concerns and heightened tensions over Iran’s nuclear program, crude had [...]
WEEKLY QUOTE “In times of rapid change, experience could be your worst enemy.” – J. Paul CONSUMER PRICES UP 0.2% for January Major factors in this increase in the Consumer Price Index include a 0.9% rise in the price of clothing as well as rising rents and healthcare costs. Core CPI also rose 0.2% in January. [...]
New regulations mean plan sponsors will have to be more 401(k) plan sponsors will need to become 401(k) plan analysts. The Department of Labor is implementing new regulations for 401(k)s this year to address some longstanding issues. The intention is to make indirect plan costs visible and leave plan participants better Beginning April 1, the [...]
WEEKLY QUOTE “A successful person is one who can lay a firm foundation with the bricks that others throw at him or her.” – David WILL THE MORTGAGE ACCORD BRING MUCH RELIEF? While the $25+ billion settlement reached last week between five large mortgage servicers and 49 states was momentous, it may not help many borrowers [...]
Here is a humorous clip from Saturday Night Live with Steve Martin. This clip deals with the issue of debt. The humor lies in the truth. Don’t buy stuff you can’t afford. Feel free to forward this on to your children and grandchildren. We all need a good laugh.
Take a glimpse into the dark-side to witness the confusion and horror in an investor’s life. This fun 6 minute video will show you how information overload can harm you as an investors. In the quest for peace of mind about investing many investors turn to various sources of so-called “expert” information. The most common places [...]
Watch this video and you will learn how to become a successful investor and glean a true understanding of the dynamics of this process. Society improves through academia, yet, sadly, many people make investing decisions based on the appeal of a slick marketing campaign or a well produced television commercial. The key to successful investing [...]
The frenzy is building. Should you Anticipation is high. Facebook filed an S-1 form with the Securities and Exchange Commission on February 1, taking its first big step toward going public. It aims to raise $5 billion through its upcoming IPO. Some of the details from the S-1 Facebook’s revenue climbed from $777 million in [...]
WEEKLY QUOTE “If you would be loved, love and be lovable.” – Benjamin JOBLESS RATE DOWN TO 8.3% Are we seeing a trend here? The unemployment rate has now fallen 0.8% in the last six months. We haven’t seen a descent this sharp and swift since 1984. January hiring blew away forecasts: the Labor Department said [...]