If you’re not already aware of it, you might benefit from knowing about this conversation that has been occurring – actually, for more than a year now: 401k/IRA Screw Job Coming? Many thanks are due to Karl Denninger for keeping this important topic alive. It’s one that’s not always easy to track due to the [...]
Posts under ‘Strategic Thinking’
4 Deaths, 3 Estate Planning Mistakes
What would you want to leave behind for your family? If your choices were A) a contentious mess, or B) a well-coordinated estate plan, you would choose option B, right? All too many of us end up with option A. In fact, a recent national survey discovered that only 44% of Americans have a simple [...]
No Parachute: Real Estate Markets Still In Freefall
Many people want to believe (hope?) that we are experiencing a rebound in housing. In my opinion, this thinking is premature by at least 3 to 4 years, perhaps even a decade or more. Below is a link to a chart from the www.ritholtz.com blog (an excellent blog that should be on your financial reading [...]
Surprise! Another Stealth Yet Serious 401(k) Hazard
Note to readers: Participants in 401(k) plans face numerous challenges to building a safe, dependable, fully-integrated, and efficient retirement program for themselves. The unfortunate fact is that many – if not most – plan participants use the 401(k) as their primary (or sole) vehicle for savings and investment. In my opinion, they do this at [...]
Banking Video by Attorney Gary Fielder
Gary Fielder, a Denver attorney, has put together one of the best educational videos I have ever seen detailing the monetary history and the ongoing struggle for control of our nation. Gary’s late 2008 video is crucial to gaining a full understanding of why we’re in the financial straits we’re in today and it is [...]
SPECIAL! A Private Video Conference With Marc Faber
Spend the time. See the future. Educate yourself with the wisdom of a master. Marc Faber Video
Economics Professor Dr. Ravi Batra Accurately Explains The Historic “Social” Origins Leading Up To Today’s Economic Crisis
Here’s a link to an excellent interview of Dr. Ravi Batra by Matt Renner of www.truthout.org. Dr. Batra has been a keen observer of the American economic evolution during the decades that lead to our current situation. He has written a number of interesting books over the years but this interview is a terrific summary [...]
The True Origins Of The Global Credit Crisis Explained
The financial talking-heads and, therefore, the general public tend to believe that “sub-prime mortgages” are almost entirely to blame for the global financial crisis. To me, this is ridiculous on its face and is more of a cruel joke – bordering on class-sanctioned bigotry – than anything even remotely related to fact. Depending upon how [...]
The Corrosive Nature Of The Credit Default Swap (CDS)
Regular readers of my blog have seen me mention Karl Denninger and his work in previous posts and here is another of his articles that is definitely a MUST READ. Karl has an insightful mind and, in my opinion, is better-informed than most media-proclaimed “experts” in many areas of finance. For those of you who [...]
The Great American Pump And Dump
Here is a useful definition straight from the Financial Industry Regulatory Authority (FINRA) web page which describes several different types of scams investors need to be wary of. This scam, the “pump and dump”, has been around forever and anyone who’s ever been involved in investing has heard about it. What people may not have [...]