China Urges New Money Reserve to Replace Dollar

I kid you not. This is the headline of an article in the New York Times web edition this morning. Add that with a similar story on China in this week’s edition of the Economist, and you start to get a sense of the amount of power and clout China now wields on the geopolitical [...]

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The Stock Market

I know these are very unsettling times, and many people are quite anxious as they listen to media reports and watch stock indexes tumble. I believe governmental stimulus will help investors, but it is not surprising for the market to retreat during the plan’s initial implementation. Furthermore, both measures of money supply (M1 and M2) [...]

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Staying Calm in Stressful Times

Another day, another 300 points or so the stock market drops. Oy! That’s the word that comes to mind immediately. As we listen to hourly reports about the growing global financial crisis and read the daily columns about the huge debts we face as a nation, it’s challenging to stay calm in the midst of [...]

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Dare to Dream

As the global economy continues to implode and the stock market reaches new lows, lots of boomers are wondering about their retirement plans. If you watch the talking heads on Sunday morning TV shows, which I admit I do regularly, you’ve seen a zillion commercials on preparing for retirement.  Most commercials show the happy couple [...]

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Planning for the Prime Years of Life

With the stock market sinking daily, it’s hard for many investors to stomach the thought of putting money back into the market. That’s totally understandable. As a short-term strategy, many people are keeping their cash in money market accounts or short term savings accounts. If that helps you sleep at night, then that’s what [...]

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