There is a certain romance to trading on the stock market. Wall Street and all the drama of what goes on there seems exciting and a place where millionaires are made in a day. For many, Wall Street is a far away place and would be too intimidating to actually try to trade in that complex environment. If you get a chance to visit and watch the frantic trading floor in action, that’s plenty.
Baby boomers are notoriously self confident and have a generational attitude of, “If someone can do it, so can I.” When this attitude is brought to investing, that can set up a dangerous situation for the baby boomer from a financial perspective. The explosion of the internet which has put virtually continue reading »
I’m talking about your finances , especially you ladies. While many people are successful of handling their finances (and decisions) jointly, many do not fit in that category. Did you know that:
~ Women can now own property , which in some states prior to 1981 wasn’t possible without a man’s jointly owning it;
~ 85% of all buying decisions are up to a woman to make;
~ Women spent about 5 Trillion dollars in the U.S. last year;
~ Women take home 57% of all the college degrees , so they can potentially earn more;
~ Women now have access to credit , which wasn’t the case before 1973 and;
~ Over 80% of women will need to make financial decisions for themselves at some point in their adult lives.
As more people are feeling the crunch in the economy, due to an increase cost in groceries and living expenses, (in addition to job losses), more people are either cashing in their retirement funds or borrowing against them despite penalties. There is concern that future retirees will be less prepared than now, because of drawing down savings for the short term. However, it might still be the best personal choice at the time for some. Read the linked article from www.msn.com to see some of the problems and choices being made.
Well, I’m not sure it’s a real currency. This has become a very controversial video and topic. The video has raised eyebrows, concerns, and questions among many people. In checking the validity of the video on www.Snopes.com , it is said that this is NOT true, and explains that the Amero was designed as a "collector piece" and not intended as monetary currency. There are still some who say they wouldn’t be totally surprised though….. mmmmm
I’d like to hear from you and what you think about it after viewing this.
Until next time, J.
"Take control of your destiny or someone else will"
