TARP- Totally Awful Recovery Program

Good TARP and Bad TARP Neil Barofsky the US TARP Inspector General has resigned and stated the problem with “too-big-to-fail institutions” has not been resolved. So my advice is to keep your retirement money very close to you. If we get a second financial crisis there is a good chance we will have to finally [...]

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Dubai World Collapse Sends a Tremor Through the Financial Markets

Read this article, Dubai heat felt around the world to get the latest information, “THE tip is that the company that led Dubai’s spectacular growth, Dubai World, will be bailed out of its financial strife by black gold, with the richest member of the United Arab Emirates, Abu Dhabi, writing the cheque. Let’s hope it [...]

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Blog Software Upgrade Planned over next couple of days

I thought I should let you know that I plan to upgrade me WordPress blog to the latest version over the next few days. I might even change the theme and look a bit if I am successful with the upgrade. As with all upgrades things can go wrong. I’ve got two full backups of [...]

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Between a Rock (Deflation) and a Hard Place (Inflation)

Between deflation and inflation our governments gamble on inflation as the lesser of two evils. There is no doubt in my mind that Reserve Banks all over the world are an evil blot on our modern society. They are laws unto themselves and do not account to the voting public for their behaviour. It took [...]

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Retirees Survival Guide – Australian Financial Review

It’s great see some good advice being directed at retirees at last. The “Retirees Survival Guide Your Ultimate Manual” is an article written by John Wasiliev in the Australian Financial Review. At just two pages it lists 11 strategies you should consider if you want to manage your way through this financial crisis and well [...]

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The Miracle of the Dow – Falls 10 Storey’s and Walks Away!

If you believe what is happening to the Dow then a miracle happened this week. The Dow effectively fell out of a 10 storey window and got up and walked away. If you believe that then you may have a problem grasping the reality. I’ll grant that with the government manipulations going on the save [...]

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Retirement Catch-22 for Baby Boomers

Although this is an American report it is probably no less valid in most countries where Baby Boomers have to manage their own retirement nest egg. Baby Boomers are caught in a Retirement Catch-22 between their retirement expectations and their retirement preparedness. The Report “Baby Boomers and Retirement: A Generations Catch-22″ is the results of [...]

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Aussie Baby Boomers – This Blog is for you too

Hello to all the Baby Boomers in Australia that have visited this blog today. I hope you find it informative and useful. You probably got here after reading Annette Sampson’s article in the Money section of the Sydney Morning Herald. Please take the time to read the About Me so you may know more about [...]

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