Tuesday, April 28, 2009


“Nothing is more despicable than respect based on fear.” Albert Camus“Fear is not the natural state of civilized people.” Aung San Suu KyiFear is defined in Webster’s dictionary as, "an unpleasant, sometimes strong emotion caused by an anticipation or awareness of danger". Professionals in the field of human emotions and therapy define fear as a “strong emotion caused by the anticipation of loss”

Monday, April 27, 2009

The “Paper Loss” Garbage

Majority of those who have investments in the stock market are freaking out – and rightly so. They are looking for answers as well as ways to halt further evaporation of their savings. In 2008, all the major stock market measures (S&P 500, DOW and NASDAQ) plunged well over 30 percent.

To bring this point home, a hypothetical nest egg valued at $500,000 on January 1, 2008 would have had a

Saturday, April 25, 2009

Develop an action plan for dealing with your credit score

Once you have your credit report and your credit score, you will be able to tell where you stand and where many of your problems lie. If you have a poor score, try to see in your credit report what could be causing the problem:-Do you have too much debt? -Too many unpaid bills? -Have you recently faced a major financial upset such as a bankruptcy? -Have you simply not had credit long enough

Thursday, April 23, 2009

Understand Where Credit Scores Come From

If you are going to improve your credit score, then logic has it that you must understand what your credit score is and how it works. Without this information, you won’t be able to very effectively improve your score because you won’t understand how the things you do in daily life affect your score. If you don’t understand how your credit score works, you will also be at the mercy of any

Monday, April 20, 2009

Will You – REALLY- Need Lower Income in Retirement?

There is this completely bizarre idea that one year you are working - looking for ways to beef up your income - and the next you can comfortably survive on a much lower income. Simply, because you are in retirement.What The Experts Say Some so-called financial experts say you need 70 percent of pre-retirement income after retiring, while others claim its 80 percent, 85 percent or 90 percent.Then,

Wednesday, April 15, 2009

Building Courage for a Better Life

When we develop the habit of courage and unbreakable self-confidence , your whole life changes for the better. Building courage will help you take risks to a better life that you ordinarily would not take. You open doors to a new world of possibilities. When you build courage, you put fear behind you. Courage is the process of admitting that you have fears, yet you are willing to find a way to

Monday, April 13, 2009

Investment Losses Can Lower Your Tax Bill (?)

Investors who are not disturbed by this title should – seriously - check their investment IQs. If you have investments in the stock market my guess is, they are in hell at the moment. It would be the biggest understatement to mention that 2008 was a horrific year – with the DOW, NASDAQ and S&P 500 Index each plunging well over 30 percent.Investing directly in the stock market - in my opinion - is

Thursday, April 9, 2009

Buried in Tasks

Have you been spending too much time on administrative tasks? Not enough time generating new business? Has your personal/family life been reduced to a few hours on the weekend? Does your to-do-list includes hundreds of tasks and many of them don’t seem to accomplish your goals? If you answered yes to any of these questions, you need to read further. You cannot let the tasks rule your life, it is

Tuesday, April 7, 2009

Be Organized, And Achieve Your Goals!

Being forgetful or disorganized is not a good sign of leading a healthy mind and a successful life. The misplacement of files, documents, even where you left your keys this morning will prevent you from achieving your goals. How much time do you think the average American wastes looking for a misplaced paper? There are reports that state that approximately 150 hours are wasted a year looking for

Monday, April 6, 2009

Numbers Don’t Lie, They Just Muddle

I see a bunch of confusing, twisted numbers in hundreds (if not thousands) of colorful, convincing 401(k), 403(b), IRA and TSA brochures – and on some websites. These sources usually portray – and wrongfully profess - that all things being equal using pre-tax contributions and deferring taxes will result in a bigger nest egg. Therefore, those who use such accounts will end up with higher net