Baby Boomers – Do You Buy and Hold or Sell and Fold?

I came across a presentation by Steve Hochberg yesterday. It seems to be a question on all Baby Boomer lips today. Watch the “Buy & Hold or Sell & Fold” video excerpt. Steve is the chief analyst at Elliottwave.com. Regardless of whether you believe in Elliott waves or not his presentation provides information worthy of […]

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Is it Time to Invest in Stocks?

First of all what are some of the market gurus saying about the current rally? Is it a bear market rally or is it now a bull market rally given it has risen more than 20% from its lows? What are the Gurus saying? Many Gurus think the bottom is in according to this article< […]

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Accept Responsibility for Your Nest Egg Losses and Learn from it

The first step in learning how to protect your nest egg in the future is to accept your responsibility for your current losses. The wealth management industry is now saying many investors (baby boomers) are apathetic about their retirement nest egg and take no real interest in it until retirement gets close. They also add […]

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Baby Boomers – Who Do You Trust Now?

It seems every day is another day of revelation. As we move into the darkest days of this recession/depression we can expect more worms to be unearthed. So who do you trust now with your hard-earned retirement nest egg? The mantra the “Markets Always Go Up” is the preferred method of taking your wealth and […]

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Wall Street’s 10 Biggest Lies by Al Thomas

Al Thomas’ “Wall Street’s 10 Biggest Lies” should be cut out and stuck on the fridge door. Then every time you go to the fridge you will get a chance to read them and internalize them. That way you will never again be taken in by financial-speak. That’s good sounding advice that will destroy your […]

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Asset Allocation and Diversification is Dead

The wealth managers version of Asset Allocation and portfolio diversification is dead. It was never designed to protect your money in the first place. It was designed to provide a constant stream of income for the fund managers and the financial planners. Why do you think the banks paid such large sums of money for […]

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Oil Futures – This “Ass Ate” Your Retirement Funds

Oil Futures are not asses but Retirement Funds that treat them as Assets may be Asses. My play on words in the title of this post may be funny but it is likely to come to pass. This supposed Asset Class could eat your retirement funds if you are not careful. I wrote an earlier […]

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Mutual Funds Intimidate Baby Boomers and Investors

Many Mutual Funds are now seeing their total funds being reduced dramatically by stock market losses and investor redemptions. In order to stop the redemptions Mutual Funds try to intimidate Baby Boomers not to do anything to protect their nest eggs in retirement. I have taken some statements from the newspapers to make my points. […]

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