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

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