Long Beach Financial Planner - Pete Mitchell

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Financial Independence in Retirement

How Many People Are Financially Independent During Retirement? Most people want to be financially independent during their retirement years. Government statistics, however, tell a different story. According to the Social Security... 

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Update for October 17, 2011

Monday, October 10, 2011 New hedge fund launches totaled 280 in Q2’11, a slight decline from the 298 opened in Q1’11, according to Hedge Fund Research, Inc. The 578 first half total was the strongest showing since the first... 

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Factoids for October 10, 2011

Monday, October 3, 2011 The VIX Index surged 160% from 16.52 to 42.96 in Q3’11. The S&P 500 fell 13.9% in Q3. The VIX rarely climbs above 40. Over the past 20 years, it has been above 40 only about 3% of the time, according... 

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Steve Jobs, iSad

By Brian Wesbury It took me awhile to warm up to the iPod, partly because I was not a fan of Apple Computer. My computer experience was driven by Windows software and Intel chips. The Apple Mac was from a different world. No matter... 

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A New Quarter – October 3, 2011

Monday, September 26, 2011 A report out today by Aon Hewitt and investment adviser Financial Engines shows that participants in 401(k) plans that utilized some form of professional assistance in allocating their capital from... 

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Week of September 26, 2011

Monday, September 19, 2011 Data compiled by the Rockefeller Institute shows tax collections in the 46 states that have reported rose 11.4% (y-o-y) in Q2’11, the sixth consecutive quarter in which revenues were up, according... 

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Stocks Undervalued by 65%

BY: Brian S. Wesbury – Chief Economist Robert Stein, CFA – Senior Economist Date: 8/29/2011 Market turmoil and a cycle of shrill headlines and worrisome “breaking news” convinced many to evacuate the equity markets. That... 

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