The Pew Survey has found that 52% of people over 50 years old are considering retiring later than 65 years old, and 68% of people over 57 years old are considering retiring later. This is because 59% of them have lost over 40% in their stock market accounts. This survey does not address the losses [...]
Depressions and Recessions Correlated to Income Inequality
The Washington Wizards theory of inequality and the financial crisis By Ezra Klein The graph atop this post is one I think a lot about: It charts pre-tax income inequality over the last 100-or-so years, and seems to suggest that income inequality is a potential indicator for massive financial crises. As you can see, the [...]
Great Depression vs Great Recession: Bruce Bartlett
This is Bruce Bartlett’s take on the Great Depression and Today’s Great Recession. For a comprehensive comparison go to my blog Ten Differences between the Great Recession and Today’s Great Recession. Eighty years ago this week, the stock market crashed. Although it was more a symptom of the economy’s underlying problems than a cause of [...]
The Great Depression and the Great Recession – Thinking Back to Franklin D Roosevelt
Image via Wikipedia This is a short primer on the Great Depression and Today’s Great Recession. For a comprehensive comparison go to my blog Ten Differences between the Great Recession and Today’s Great Recession. Great Recession is upon us, and while the situation seems to be slightly improving (fingers crossed), it’s the perfect time to take [...]
Ten Major Differences between the Great Depression and Today’s Great Recession
A person who was a child during the Great Depression of the 1930s would be in his or her nineties today. There is no shared national experience of the depths and devastating human impact of the Great Depression. We feel the recession of today as being extraordinary, but how does it compare to the singular [...]
Yogi Berra: “It’s deja vu all over again.” by Rob Brinkman
Retirement Income Planners are constantly searching the landscape of conservative investments for their clients. The emerging choice is the Fixed Index Annuity. As reported by The InsuranceNewsNet, the “third quarter’s indexed annuity sales climbed to $8.6 billion – their second consecutive 8-year record – and hit a record-high 44% of fixed annuity sales.” And [...]
Are you working dumb? By Ken Doyle of Getting Results Coaching
Image via Wikipedia The guru buzz is ‘to work smarter not harder’. Yet even armed with this wise advice, many people have hit an income plateau despite having tons of new technology and business books readily available. Have you ever wondered why? Have you ever wondered why your business is stuck? Does everything seems to [...]
You Fix the Deficit
My wife’s great great great and a few more great’s aunt, Sarah Josepha (Buell) Hale, is responsible for the Thanksgiving holiday and a few other remarkable contributions to history. I read of her life and being a “glass half full guy”, I know that as we give thanks tomorrow, we can be certain the future [...]
A Far From Random Walk From The Stock Market
Image via Wikipedia This is at the heart of our conviction that American‘s will be pursuing a different investment mix in the coming years–as they are today. The next key indicator will be when the bond market fully turns and bond prices go south. Then, where will American’s go? They will go to guaranteed [...]
New York Times Deficit Calculator
The NY Times Economix blog does a great job of highlighting the challenge before us–and without the tribal arguments about taxes or spending–it’s all here and we merely have to pick and choose. My column that’s running with The Times’s new interactive deficit puzzleoffers some detail about the methodology behind the project. This post will provide much [...]
