Losing Your Nest Egg is All Your Fault – so there!

Over the Christmas break I have read several articles about the devastation to retirement funds caused by the credit crisis. In many cases the finger is pointed at the investor for not getting involved enough with their investments. They seem to imply that it is all your fault your investments are down the tubes. Had […]

Read the rest »

Banks Moving Jobs Overseas Should Do Proper Risk Analysis

With all the protections banks around the world are getting from their governments it appears proper risk analysis is out the window. It is very disheartening that they are using that protection as a way to cleanse themselves of bad decisions and poor investments at the expense of sacking large numbers of their employees. This […]

Read the rest »

Want to Know How The Subprime Mess Destroyed Your Nest Egg?

Wharton University of Pennsylvania have put together a fantastic presentation dedicated to explaining the sub prime crisis and what needs to be done to fix it. There are 7 videos you can watch that explain the various stages and compare it to Japan. There is an Interactive Special Report on the Sub Prime Crisis, The […]

Read the rest »

The World needs Financial Firewalls against Toxic Derivatives

The world financial system has allowed toxic derivatives to be sold around the world with no questions asked from any government or financial institution. Why is it we quarantine animals, food, drugs and even illegal aliens but allow billions of dollars in derivatives to pass through our countries unchallenged? One thing this globalization of financial […]

Read the rest »

If I was Mr Paulson…. I’d declare Martial Law on Wall Street

I am so annoyed by all these people who said they did not realize what was happening and are now providing expert opinions on how to fix the credit crisis. Greenspan says he did not expect Wall Street to take advantage. He actively encouraged Congress to support sub prime loans. “In 2004 Business Week Magazine […]

Read the rest »

Last Chance to Design Robust Retirement Plans for the Future

I have found some people in the wealth management industry have come from an engineering background. They have used their engineering training to try and design robust retirement plans for their clients. They understand an investment philosophy needs to be able to withstand serious market turmoil. One of them was a civil engineer who designed […]

Read the rest »

4 Year of Socialism May Cure America of that Disease

Socialism slows down economies and reduces investment returns. It taxes the very people who create the wealth that gives you the returns on your nest egg. In a Socialist state risk taking is punished. America seems likely to become a Socialist State in November and this will seriously affect Baby Boomers retirement nest eggs. I […]

Read the rest »

The Best Time to Panic is Before Everyone Else Does

Baby Boomers it is now time to Panic. I don’t mean the uncontrolled hysterical panic of absolute fear. I’m talking about a controlled panic even if that sounds like an oxymoron. Panic gets your adrenalin working and makes you more alert. It’s then a fight or flight choice. You need to take the flight option […]

Read the rest »