David Haas, Consultant Rotating Header Image

Posts under ‘Retirement Planning’

Is Your IRA/401k About To Go To Jail?

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 […]

Clickity-clickity-clickity-clickity-clickity-clickity-clickity…….SOWHOOOOOOOSH!

When I look at the graph you’re about to see, I can’t help but think back to my last roller-coaster ride. I can literally hear the “clickity-clickity” of the ratchet mechanism slapping beneath the cars, preventing us from slipping backwards as we’re propelled relentlessly forward in a steep and seemingly unstoppable ascent. I remember thinking […]

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 […]

FINANCIAL PLANNING: My Guess Or Yours? Why It’s Absurd And Doomed To Fail From The Very Start

Upon reading that title, I’m sure some of you are thinking that I must have completely lost my mind. Well, of course that’s not true. But, how could something as universally accepted, widely followed, and apparently “innocent and necessary” as financial planning be setting so many of those who unquestioningly apply it on a course […]

How To Survive The Coming Dollar Collapse

I am posting this article with the permission of its author, Christopher Laird. Chris maintains a newsletter service and a website of his own at www.prudentsquirrel.com. You may want to click through and check it out. I STRONGLY BELIEVE THAT EVERYONE WHO HOLDS THEIR WEALTH IN DOLLARS SHOULD CONSIDER ALL POSSIBLE SCENARIOS WHEN PLANNING FOR […]

Jim Rogers Interview: Telling It Like It Is

Anyone who wants to weigh opinions of commentators on financial markets would be well-served to listen to people who have made millions and billions of their own and have ALSO managed their personal affairs in such a way as to break completely free from any constraints of obligation to a particular editorial stance, political party […]

Fixed Indexed Annuities: What They Are and How They Might Benefit You

Fixed indexed annuities – also known as equity indexed annuities – made their initial debut in the middle part of the 1990’s but have been gaining popularity at an especially rapid pace over the last five or six years due, primarily, to the extreme levels of volatility in the stock and bond markets. So why […]

George Soros On The Financial Crisis