Thursday, May 3, 2012

Saturday, April 16, 2011

The Big Short - The Home Mortgage Crisis

Recently I spent some time reading the Big Short by Michael Lewis. I had some background in secularization in the past and was interested in understanding the details of the market crash. It's an interesting story, so I found this video on an interview with Mr. Lewis to describe the situation.

If you still will be taking out a mortgage in the future, I'd suggest you watch this to ensure you don't fall into one of these scams and think you will be secure in the bond.

Thursday, February 17, 2011

Who's controlling your retirement?

One of the purposes of this blog is to make sure no one is in the position to lose their retirement savings. Yes, you can claim I "blew it" in not forecasting the big downturn of 2008. But, I was impacted like everyone else and was just as concerned. Fortunately, I held my breath and hung in the market and today have gained everything back plus some. Below is a video I found that helps a little to understand what are the needs / issue of a retirement account. You may or may not agree but it is additional information for you to make the right decision for yourself.

Thursday, February 3, 2011

Bank bailouts (TARP) explained

On November 19,2010 I attached a comic video explaining the QE2 process as implemented by the Federal Government. Below is the same author's view on TARP or the bank bailout. It's an interesting and easy to understand video.

Saturday, January 22, 2011

Morningstar Retirement Week

Beginning Monday January 24th, Morningstar will be reviewing retirement products and strategies. For those that are in or near retirement I encourage you to watch the below video that explains some of the concepts to be presented. It talks about various instruments that you may be using and some of the pitfalls you may encounter. Explained by Christine Benz from Morningstar it gives you a brief overview of the video scheduled for Monday.

Saturday, January 15, 2011

Food... is it a good play for your future ?

As we all get older everyone needs to ensure our portfolio will outlast our needs. But, have you considered inflation or the price effect of overages and shortages for the one thing we all will need to In the normal course of events, commodity prices vary by season, need and the ability to supply and transport. These factors all play a role in the final price we pay in the store. Does it pay to have these commodities in your portfolio ? In my opinion, the risks are greater than stocks and bonds since we usually grow the items in some form. They have limited shelf life and we are often at the mercy of other forces for the final production.

The other day I heard a comment by one of the talking heads that noted that the world population may peak around 2040 or 2050 (the best I remember). I found that interesting as I had not considered that possibility and the impact on world economies and markets when demand becomes constant. European countries appear to be relatively close to that point already as their death rate and birth rate are relatively close. Since China implemented the 1 child rule a number of years ago, they may run into the same situation soon, if they are not already close. That leaves, India, the Middle East and Africa continuing to grow. The stat that was thrown out us that normal replacement ( deaths = new born) is 2.3 children per family ( husband and wife). Some areas of the world are above and some are below. This means demands for food may change depending on population shifts. Since we all need to have food to survive, do we have enough area to supply the population in our country ? How will that effect your price in the store ? Will we need to import or export surplus.

See the below excerpt I saw on CNBC that may help decide whether the agricultural commodities are good for you and the effects on how the prices may change.

Friday, December 24, 2010

Our Economic Future - In the hands of woman ?

As the future progresses and the investments you have may change, make sure you understand the changes the future of business will bring and who will lead the companies. Maybe you will not totally agree with all the comments in the below video but if you do not, watch the advertisement at the end of the video from Ford (Lincoln) and it may help change your mind.

Tuesday, December 21, 2010

Muni Funds in a Retirement Portfolio ?.....Beware !

The December 18th edition of "60 Minutes" on CBS-TV broadcast a segment where Meredith Whitney, a well known Wall Street Analyst with her own company, provided her analysis of State and Local debt. To say the least, her forecast was dire but, in my opinion not too far off the mark. Living in Connecticut and active on local boards over the last decade, I have seen the state actions that have created this situation. The basic issue is the lack of will by the state legislature to address debt issues and limiting spending when growth slows. Since all the states handle the funding they provide to their towns and cities differently, the financial status of all entities may differ. Below is the link to the segment from '60 Minutes' and the questioning by Maria Bartiromo from CNBC about the segment.