Watch this video on YouTube “Sell Everything!” That’s the advice to investors from RBS, a large investment bank based in Scotland, which issued the dire recommendation to its customers on January 8. The warning urged investors to sell everything except...
Watch this video on YouTube “Retirement Investors Flock Back to Stocks” was the front page headline of The Wall Street Journal on May 2, 2014. I retweeted it to my Twitter feed, adding, “Just In Time To Ride Them To The Bottom Again.” Five...
Watch this video on YouTube Two economic indicators suggest that the US economy is recovering from the recession. The housing market is almost back to 2006 levels in most areas of the country. We’ve also seen record highs for the Dow Jones stock index. Yet,...
Watch this video on YouTube Lost in the hoopla over the government shutdown, defunding Obamacare, and raising the debt ceiling are some proposals contained in President Obama’s budget that will have a significant impact on retirees, inheritors, and savers. Most...
Watch this video on YouTube The middle class. Marketers target it. Politicians champion it. Economists talk about it. Most of us consider ourselves part of it. Yet, when I’ve asked for a clear definition, I have not found anybody yet that really can tell me what...
