Tuesday, June 23, 2009

The Plot Thickens in Madoff's Ponzi Scheme

65 billion lost in Madoff's Ponzi Scheme. This is not chunk change. A lot of finger pointing. I suspect more civil fraud charges are on the horizon. Good reading

http://www.nytimes.com/2009/06/23/business/23madoff.html?ref=business

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Ford Motor Family Pulls Together During Tough Times

Great Story. It will be interesting to see where Ford Motor Company is 5 years from today.


http://www.nytimes.com/2009/06/23/business/23ford.html?_r=1&ref=business

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Sunday, June 21, 2009

Thinking about buying life insurance? All permanent life insurance contracts are not the same. The case for permanent participating whole life insurance.



http://www.forbes.com/2009/02/10/mutual-life-insurance-financial-adviser-network_0210_financial_planning.htm



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Thursday, June 18, 2009

Do You Know the Hidden Truth about 401K's & IRA's?

A lot of talk about 401k's and IRA's. Are they good as the financial press claims? Discover the Hidden Truth about 401K's and IRA's.



http://www.wealthandsafety.com/Hidden-Truth-About-401K%27s-and-IRA%27s.html

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Saturday, June 13, 2009

Is The Financial Hurricane Getting Closer?

Worried about collecting Social Security? You may want to shift some of that worry to Medicare.

Medicare's liability is about 5 1/2 times the size of Social Security's ($18 trillion) and about six times the size of the entire U.S. economy.

So what should we worry about? We should worry about the massive, unfunded liability that is being created for future generations. Click Here

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Friday, June 12, 2009

Thinking About Buying US Corporate Bonds?

Thinking about buying US Corporate Bonds?

You may want to rethink that strategy. Take a look at the outcome of GM and Chrysler corporate bondholders. http://www.ibdeditorials.com/IBDArticles.aspx?id=328317766151198

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Tuesday, June 2, 2009

What Kind of Kid Are You?

Invest 5 Minutes and ask yourself the question "What Kind of Kid Am I."

Are you disciplined to do what you need to do now to have a bigger tomorrow, or are you too focused on just what you need to do right now?

You are your greatest asset. A good rule of thumb is to focus 65% of your time on things you should do for today, and 35% of the time focused on tomorrow. Why? Tomorrow is right around the corner.

http://www.ted.com/talks/joachim_de_posada_says_don_t_eat_the_marshmallow_yet.html

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