Showing posts with label financial adviser. Show all posts
Showing posts with label financial adviser. Show all posts

Sunday, May 31, 2009

Suze Orman Now Says What???

If you pay any attention to the financial gurus teaching about investing in the stock market so you can “live your dream retirement,” you should be able to recite this mantra or something like it: Invest in the stock market for the long term, and you’ll come out great. Generally, long-term is defined by these advisors as 10 or more years.Of course, the recent turn of events has decimated the

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

Monday, February 2, 2009

Conventional Financial Planning is WRONG!

Or I guess, I should have said in my opinion before making that statement. That is how passionate I feel about the manner in which so-called financial “experts” have managed to convince the vast majority of the American public (and I can safely say about 95 percent) to believe myths. The end result - people are literally gambling their hard earned dollars on porous, revolving door financial