Okay, I admit it.
I fall for what seems to be the daily ritual of “is the market up or down?” and “wow, it is really up today” or, unfortunately, “boy the market really stinks today.” And, let’s be honest….don’t most of us walk around and think there is nothing we can do about it?!
With the ever so recent stories of banks borrowing 7.7 TRILLION dollars from the Federal government during the height of the financial meltdown (yep, you read that one in the last day or so?) to stories about how employee retirement plans are being plundered by the companies they work for (in fact, a good read is Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers), it is easy to become very jaded on who and what to believe and who and what to trust. It seems like our very core has been violated because of this. And, by the way, it is always easier (or harder to fathom) to really show what 7.7 TRILLION dollars looks like: [Read more...]
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