retirement: Do You Have 10 Years To Spare? - 10/29/08 12:05 AM
I'm signed up with Financial Partners for their email updates, although I don't know how much stock I put in their viewpoint today's email was interesting.The part that really hit home was the amount of time a needed to recoup losses after the ups and downs of the market recently: "A 50% capital loss requires a 100% gain to recover monies. In order to make 100% returns an investor targeting 7% p.a. needs more than 10 continuous years of 7% p.a. returns. Or over 16 years at 4.5% p.a." If your retirement fund is in stocks that means a minimum of … (0 comments)

retirement: 5 Fears Standing In The Way Of Expat Real Estate Investors and Success - 09/12/08 06:53 PM
Depending on where you make your home as an expat, you may be pleasantly oblivious to North American news. But, like a bad case of malaria the negative world of English news can come back and sucker punch you when you least expect it. Don’t let their fear paralyze you- use it to empower you.What you’ve got to do is decipher what is ‘real’ and what is ‘imaginary’. Sober yourself by separating the truth from the fiction.By doing this you’ll be able to free yourself from day-trader mass market psychology and its rollercoaster ride of gut wrenching twists and turns.I’ve been … (0 comments)

retirement: That Is Exactly The Problem - 05/01/08 08:49 PM

If you're poor or relatively poor, it's possible to have many of the things the middle class has," "It's just that you have to pay for them for a longer period of time." Michael Haan, a sociology professor at the University of AlbertaFocusing on needs not wants puts a lot of people into financial debt, they have to stop digging the hole. Perhaps this is why we have Gen X and Y in so much debt. When graduates start work they are looking a minimum of $20k student loans and credit card debt. Mix that in with a poor understanding of … (2 comments)

retirement: Come On Gen X - What's Up? - 11/09/07 02:54 AM

I am worried about my generation. They didn't want anything and now when they realize, "Hey money is all right!" They are so in debt that they can't get ahead nor can they save for their future.
This article is such an eye opener for me, I am so happy that I made the choice to give up new clothes, that cool car and nice furniture for a few years to pay off my student loan and all my credit card debt. I am also happy that I learned to invest and wait, to not let my current appetite steal from … (6 comments)

 
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