tag:blogger.com,1999:blog-58361476934713066642024-10-07T01:38:53.317-04:00Pearls of Wisdom on Wealth: How to Generate it, Protect it, and Grow It!Unknownnoreply@blogger.comBlogger192125tag:blogger.com,1999:blog-5836147693471306664.post-35543611731184724902013-11-13T18:09:00.000-05:002013-11-13T18:09:00.595-05:00

Investment risk can be defined as the potential that actual returns will differ from those expected. Generally speaking, the greater the variation in potential gains or losses, the greater the investment risk. Therefore, low-risk investments, such as savings and money market deposit accounts, usually mean lower expected returns than high-risk investments such as commodities and financial

Unknownnoreply@blogger.com4tag:blogger.com,1999:blog-5836147693471306664.post-21326494559656618322013-08-09T15:23:00.000-04:002013-08-09T15:23:11.840-04:00

In the United States people are willing to do almost anything for the "American Dream". For some, it may take many years of hard work to fill their homes with beautiful memories and treasures. However, it only takes a few missed payments to lose it. Foreclosure is the worst nightmare for every homeowner with a mortgage. Foreclosure could happen to the best of us. Sometimes unanticipated

Unknownnoreply@blogger.com4tag:blogger.com,1999:blog-5836147693471306664.post-73138680624401302832013-08-05T21:00:00.000-04:002013-08-05T21:00:00.294-04:00

Friday I blogged about the recent unemployment information released by the Bureau of Labor Statistics. My concern with the information released is how it can be manipulated to cause certain reaction in us individually and collectively. The unemployment data released last week does not make sense. While news were released about the decrease in unemployment rate, information was also being

Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-5836147693471306664.post-59485391509388540822013-08-02T13:19:00.000-04:002013-08-05T17:55:53.863-04:00

According to a report issued by the Bureau of Labor Statistics (BLS) –The Employment Situation July 2013, “Total nonfarm payroll employment increased by 162,000 in July, and the unemployment rate edged down to 7.4 percent, the U.S. Bureau of Labor Statistics reported today.” This is the lowest level for the unemployment rate since November 2008! The news even though seems to be

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-5836147693471306664.post-37316864220416694842013-07-21T23:13:00.000-04:002013-07-21T23:13:06.319-04:00

I think one of the goals in retirement planning is to be able to retire with dignity. So what is dignity? According to the definition provided by Mirriam-Webster it is “the quality or state of being worthy, honored, or esteemed”. In other words, to retire with dignity is to retire with more than just the minimum needed to get by. Here's a stat that might surprise you: Nearly half of

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-5836147693471306664.post-63120411830156769242013-06-30T19:32:00.000-04:002013-06-30T19:32:45.147-04:00

P { margin-bottom: 0.08in; }A:link { } The leaders of the Senate tax-writing committee are trying to reform our current tax system by putting every tax break embedded in the tax code up for review – including retirement-savings incentives. Nothing wrong with this, I personally think that there are many tax breaks that are in fact a waste and should be eliminated to help in

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-5836147693471306664.post-59662827665899818292013-06-23T23:05:00.001-04:002013-06-23T23:05:14.770-04:00

1. Trying to make up for lost time - if you have seen your retirement portfolio reduced and feel tempted to take unnecessary risk to make up for losses, resist. With the recent surge in the stock market you may think that is time to invest aggressively to make up for lost time, right? Keep in mind that a more aggressive allocation gives you the potential for higher returns, lower returns and

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-3671147424366068142013-06-02T12:29:00.001-04:002013-06-02T12:29:42.960-04:00

Fear of the future and uncertainty is one of the best selling tactic used by insurance sales people. Insurance companies understand this fear and use it against you. Before I go any further, I will tell you that insurance must be included in your financial planning strategies. The key is to chose the correct insurance for your situation. Insurance is about transferring risk - risk that you

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-28400545662432342282013-04-23T22:19:00.003-04:002013-04-23T22:19:25.850-04:00

If you are "investing" in gold right now you are probably not happy. The gold ride for gold and silver has been brutal. Currently it is trading under $1,400 which is a 26% decline from September 2011 high of $1,900. As I mentioned on an article I wrote August 2011, Gold Is Not An Investment,  Gold does not qualify as an investment since it does not generate income by itself when we put

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-29671887828494289302013-03-29T12:41:00.000-04:002013-03-31T19:24:55.106-04:00

Money is part of our everyday life. Money if used wise it becomes a great servant. However, when we allow poor money management to put a yoke on us and our family, we become the servant of money, and money is a terrible master. One of the lessons we learned from the recent recession is that we cannot trust those in power to protect our investments and savings from the shaky hands of our

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-26707417040878273162013-03-23T22:20:00.001-04:002013-03-23T22:23:42.801-04:00

One of the reasons I started this blog was to share with you not only how to increase your wealth but how our wealth is stolen from us by the same people we hire to protect our wealth. Also, it is my intent to help people wake from their slumber and realize that the "American Dream" and "American Safety" is turning into the American Nightmare and American Insecurity.As I continue my studying

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-55455606937256677362013-03-17T21:58:00.001-04:002013-03-17T21:58:49.788-04:00

Identity theft has become one of our worst nightmares. It has become a $50 Billion illegal machine that is constantly evolving and causing damage to our personal finances. Identity theft does not discriminate; the id thieve does not care about your gender, religion, nor race. Actually your age does not matter, one of the most alarming facts found from various research is that one of the most

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-55882883275962815392013-02-23T21:33:00.000-05:002013-02-23T21:33:13.705-05:00

"Give me control of a nation's money and I care not who makes it's laws" Mayer Amschel Bauer Rothschild "Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States" Sen. Barry Goldwater (Rep. AR)"From

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-68353574468587980312012-11-29T21:54:00.002-05:002012-11-29T21:54:37.494-05:00

Today I want to talk to you about a wise old adage “Measure twice, cut once”, a lesson my father taught me when I was a boy. Even though it is used a lot in carpentry it has applications in different aspects of our lives, including in our businesses. The literal message means that we should double-check one's measurements for accuracy before cutting a piece of wood; otherwise it may require of

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-55524049598110529012012-11-24T15:26:00.002-05:002012-11-24T15:27:57.873-05:00

Everyone by now has heard of the upcoming "Fiscal Cliff", the expected effect of a number of laws which, unless changed, could result in tax increases, spending cuts, and a corresponding reduction in the budget deficit beginning in 2013. Many economists expect that the end result of the fiscal cliff will be another recession. Will the President and Congress reach an agreement for the well

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-87318880328383926192012-11-21T11:05:00.000-05:002012-11-21T11:05:30.129-05:00

“If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations.” - Andrew Jackson“The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-71146461216604482162012-11-17T21:07:00.000-05:002012-11-17T21:07:38.368-05:00

On November 15th the WSJ runs the story titled “FHA Nears Need for Taxpayer Funds”. Here we go again, another bank to bail out. The story outlines serious financial problems facing the Federal Housing Administration (FHA) and it could exhaust its reserve. One of the problems cited for the reduced reserves is the rising mortgage  deliquencies. Interestingly enough, after the housing and

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-26696106985184067512012-10-17T19:09:00.000-04:002012-10-17T19:09:15.737-04:00

Debt is something that too many of us have to worry about day after day, feeling as though things might not ever get better some days. It is so very stressful wondering how in the world you could ever possibly find some debt relief and in many instances, it can cause depression, anxiety and even problems within a relationship or marriage. Throughout this article I want to discuss with you some

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-78864855516693228982012-08-26T13:23:00.000-04:002012-08-26T13:27:18.550-04:00

"Restoring responsibility and accountability is essential to the economic and fiscal health of our nation." ~ Carl Levin   “It is wrong and immoral to seek to escape the consequences of one's acts.” ~ Mahatma Gandhi   “A body of men holding themselves accountable to nobody ought not to be trusted by anybody.” ~ Thomas Paine As I look back to our recent "Great

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-90013635331298864432012-08-17T19:14:00.000-04:002012-08-17T19:17:57.170-04:00

According to Al Lewis on The News Hub, we’re actually in a depression right now, but most people don’t see it. One out of seven Americans are on food stamps – if they weren’t getting cards in the mail every month, you’d see them in soup lines. Millions of home in foreclosure or bank owned and you don’t know it, because the banks aren’t releasing them to the market. Watch the video below.

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-26926704131820075172012-08-17T17:45:00.001-04:002012-08-17T17:45:08.017-04:00

The Securities and Exchange Commission (SEC) announced fraud charges and an emergency asset freeze against a Denver-based company and two Colorado residents for allegedly carrying out a $15.7 million Ponzi scheme that dragged in more than 120 investors nationwide. The SEC alleges that Michael J. Turnock and William P. Sullivan II sold promissory notes to investors with the promise of annual

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-5836147693471306664.post-39917473832857787092012-08-14T22:55:00.000-04:002012-08-14T22:55:42.662-04:00

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-11200600908223371182012-08-09T09:31:00.000-04:002012-08-09T09:31:16.451-04:00

Outflows from U.S. equity funds show no signs of letting up, according to the latest statistics from the Investment Company Institute. For the week ended Aug. 1, investors pulled an estimated $5.68 billion from funds that invest long-term in U.S. equities, more than twice the $2.13 billion they withdrew the week before. Since the beginning of the year, U.S. stock funds have lost more than

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-5836147693471306664.post-56320380422915499832012-08-04T19:24:00.001-04:002012-08-04T19:24:38.753-04:00

Many investors when they close their equity positions and need a place to park their cash, they do not use their checking account. Most of them will sell their stocks and let their stock broker place the proceeds into a money market fund. Nothing wrong with that if you are aware the risks associated with this type of account. Many investors when they receive their monthly investment statement and

Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-5836147693471306664.post-90817994478426092912012-07-28T15:20:00.001-04:002012-07-28T15:20:32.122-04:00

The main purpose of life insurance is to protect someone whose finances depend on you being alive. For example, if only one of you is working, you need a policy to protect the spouse who is not earning money against the loss of income. The same applies in the case when you have a spouse that earns the majority of the household income. Another factor to consider is large financial obligations,

Unknownnoreply@blogger.com2