Do Your Investments Match Your Risk Tolerance?
March 9, 2010 by Pete Mitchell
Filed under All Posts, Alternate Investments, Everything IRA, Stock Market Info.
DO YOUR INVESTMENTS MATCH YOUR RISK TOLERANCE?
Now is a good time to examine what’s in your portfolio.
The stock market is unsettled … and perhaps its fluctuations are unsettling you. It’s a stressful time for the economy and Wall Street, and you may be concerned about your portfolio given what’s going on with oil [...]
March 8, 2010 Weekly Economic Update by Pete Mitchell
March 7, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
The Labor Department reported only 36,000 net job losses last month, so the jobless rate was flat for February, unless you were one of the 36,000 that lost their job, then it was pretty close to 100%. Economists had widely assumed the unemployment rate would inch upward due to winter weather affecting construction and retail industries.1 As I’ve been saying for a while, we are not out of this, not even close.
Dealing With The Aftermath of Being Unemployed by Pete Mitchell
March 5, 2010 by Pete Mitchell
Filed under All Posts, Government Programs, Insurance Information
Any period of unemployment is fraught with stress – both personal and financial. While landing that formerly-elusive new job can be a relief, it is only the first step on the road to recovery from unemployment. This transition time is akin to breaking the surface after being underwater for several minutes. It’s a relief to be breathing again and feel the sun on your face, but it’s no time to relax. You must start swimming right away to get back to a healthy financial shore.
Time to replace the 401k by Pete Mitchell
March 4, 2010 by Pete Mitchell
Filed under All Posts, Alternate Investments, Your 401(k)
In fall 2009, TIME Magazine raised eyebrows with a cover article called “Why It’s Time to Retire the 401(k)”. Author Stephen Gandel, the magazine’s senior economic writer, argued that 401(k)s, 403(b)s and IRAs had proven themselves “a lousy idea, a financial flop.”
Monthly Economic Update for March 2010 by Pete Mitchell
March 3, 2010 by Pete Mitchell
Filed under All Posts, Monthly Update
Quote of the month. “I always have to dream up there against the stars. If I don’t dream I will make it, I won’t even get close.” – Henry J. Kaiser
The month in brief. We saw a very pleasant 180º from January. New M&A action, nice corporate profits and the possibility of a rescue for [...]
