Here is a video of a British economist, talking about how the rest of the world feel right now about the irresponsibilities of the U.S Government and the U.S financial system.
Click “PLAY” to watch the video…interesting views.
Get the Flash Player to see this player.
A recent report shows that Canada has the world’s most stable banking system, unlike Canada’s neighbors to the south, the United States currently ranks 40. The U.S has suffered a financial industry, stock market collapse due to de-regulations which allowed their banks to do anything they want, including greedy un-scrupulous lending practices.
Read the article below.
I came across this article first thing this morning on Yahoo Finance. It is from Yahoo Finance, and one of its expert panel writers Robert Kiyosaki. I agree with the article simply because I worked in the financial industry for a good six years, and I know that Mutual Funds do take their chunk from the investor in the form of M.E.R (manage expense ratio). This of course cuts into the return of the investor.
Das Brain
My wife signed up for her works retirement savings plan a few months back through her company’s investment brokers “Dundee Securities Corporation”, and she began contributing into a Stock Growth fund.
Well recently, she called the broker to move her assets from Stock Growth Fund into a mutual fund that invest in Money Market instead of stocks to reduce exposure to a downward or volatile market, and the broker tried and succeeded in talking her out of moving it.
by Das Brain
On January 15th I switched mutul funds in my retirement fund from a Balance Fund to a Money Market fund. I basically moved the full amount to the Money Market Fund as part of my asset allocation strategy. For those of you who are NOT very familiar with what a Balance or Money Market Fund is, here is a brief explanation.
Don't forget to bookmark or LINK to this site! (CTRL-D)
Learn to pay off debt, save money, spend wisely, invest and trade stocks and options at MoneyAccumulator.com
You are currently browsing the archives for the Retirement Planning category.
Back to Home Page
MoneyAccumulator.com
