Whoa! GM Stock Has Vanished, Too?

Imagine it's June 1, 1999 and you happen to be sitting in on one of our seminars, listening to our webinar, or reading this blog and we tell you NOT to invest your serious cash directly in the stock market. The stock market is rolling and all you have to do is just pick a stock or mutual fund and you are on your way to your "dream retirement."On that particular day General Motors (GM) and General

Converting to a Roth IRA Right Now is a Very BAD Idea

Financial "experts" are bombarding the American public with advice about how to salvage their depreciating wealth - courtesy of the stock market's freefall. One very popular - but TOXIC - piece of advice is that now is a great time to convert qualified funds (pre-tax dollar accounts) to Roth IRAs.Just so we are on the same page, this is NOT a discussion about Roth conversions, in general - we'll

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