Cash is a Position – But Not Necessarily For Ever

No matter what the wealth managers say about it, cash is a position especially in times of crisis like now. Cash is a position but that does not mean you will be in cash forever. The way they tell it is will not protect you and you could miss out on the next bull market. […]

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Are Governments planning to take over your retirement nest egg?

The governments response to the current credit crisis and the affect on retirement funds may be to throwing the baby out with the bath water. Retirement nest eggs have lost a lot of money during this market turmoil. Governments are now very concerned. Argentina is about the take over $30Bn in private retirement funds. In […]

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The Era of Obamanomics and the Redistribution of Your Nest Egg

Congratulations to Barack Obama for winning the US presidency. Two years and $600M later he is now President-Elect. This may be a dangerous time for Baby Boomers as a Democratic Congress may convince President Obama to redistribute your 401(k) for your own good! As one article put it, “Two questions however hover like a spectre […]

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A Chance to Recover Your Nest Egg if the Rally Continues?

There are several things happening right now that might give us a significant rally in the stock market. It may be short-lived but it may give Baby Boomers an opportunity to reduce their exposure to the stock market and put some money into cash. No one knows if this rally will continue or how far […]

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Is This How Governments Will Destroy Your Nest Egg?

Governments around the world are spending billions of tax-payers money propping up their financial systems. It’s a financial black hole with the money disappearing into it as fast as it is printed. They may save the world financial system but the world economy may well die in the process. There could be years of poor […]

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Forgive Mortgage Brokers for They Know Not What They Did

The Mortgage Brokers of America are trying to tell us they did not realise what was happening. “Forgive them for they know not what they did,” seems appropriate in the circumstances. Seriously though does anyone believe the Mr Quinn, the out-going Chairman of the Mortgage Bankers Association of America when he said, “Everybody believed that […]

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Christmas Stock Market Rally possible – so be prepared

After all the gloom and doom everyone is hoping the worst is over and the stock markets will start to recover. A Christmas Stock Market Rally is almost becoming a self-fulfilling prophecy. The point for most Baby Boomers is that it may be a chance to reduce your exposure to the equities market either in […]

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My eBook has Saved Me Thousands of Dollars

I redeemed my retirement nest egg from a WRAP Account manager in November 2007 because of the research I did on the Internet about how retirement funds work and the problems associated with them. My timing was perfect but  I believe I was very lucky. Had my financial planner given me good reasons to stay […]

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