Finance Resource

If you’ve spent a lifetime of scrimping and scrapping to build a retirement nest egg, the last thing in the world you want to do is expose it to risk of loss. You don’t want to lose any of it, let alone most or all of it. But, sometimes we do things that are not good for us because we’re not fully aware of the dangers. This includes not faithfully getting medical checkups, driving too fast at night on rain-slick roads, and not considering all the options when we invest our money. The habits we have accumulated over a lifetime are hard to break quickly, and they may prevent us from keeping up with the “times”. Keeping pace with retirement requires that you give up the notion of “making loads of money in the market” and adopt the notion of “keeping what you’ve got”. Good advice but hard to follow.

Assuming you have prepared financially for your retirement, there are two potential hazards you face: losing part or all of your retirement money because of the risks you voluntarily took, and having an unexpected medical emergency that wipes out your savings. Before we focus on the first topic, most of you understand the importance of insurance coverage for your health but sometimes overlook the need for life, disability, and long-term care coverage. But, I’ll bet most of you have full coverage on your auto and house. This is not the time to discuss insurance, but you might want to reassess your priorities. Let’s close the book on insurance by saying there are only two things to remember: first, it is better to be years early rather than one day late, and second, insure everything you can’t afford to lose.

What About a Coach?

Even if you’re in retirement, and especially if you’re not, you can probably benefit from help in planning how to save for your retirement. I’m not sure the term has been coined, but you need a “Savings Coach” the way you need a fitness coach for your physical well-being. You should know that successful investment is about “time”, not “timing”, and that compound interest can deliver amazing results given enough time to work. A systematic savings plan of “paying yourself first”, conservatively choosing tax-advantaged investments, and avoiding speculative risks is the key to your successful retirement. You can start too late, but never too early. The best advice you can give a younger person is that they should always participate to the maximum in their employer’s pension plan PLUS set aside a certain percent of their “take home” pay every month. Then make sure they never invade it for something they’ve just got to have – this is for their retirement. Of course, saving is not “the American way”. At this time most young people are not receptive to advice about money and saving. They’ll learn later the consequences of not saving for retirement.

Speaking of savings, the average 65-year old American has less than $60,000 in savings and investments. In a recent survey by a major insurance company, 40 percent of those asked admit they are not savings seriously for retirement. Overall, 38 percent say they expect their retirement to be “financially difficult”. The American theme is “why save for tomorrow when you can spend today”. This has resulted in a negative savings rate during the past several years: we are spending more than we are taking in by borrowing, refinancing homes and drawing down past savings. The average retiree is not prepared financially: not for lack of opportunity but due to procrastination, poor planning and bad financial choices. Just as bad, many retirees who think they are prepared for retirement now will outlive their money for exactly the same reasons. Most people severely underestimate the amount of money they’ll need in retirement – 30 years or more is a very long time to live on Social Security and your retirement nest egg.

Judging from the statistics it’s a fact that retirees need professional help with financial planning. Due to medical advances, the biggest risk you face, and a risk generally ignored, is that you may live in retirement for 30 years. The urge to speculate, knowingly or unknowingly, is ingrained in many of us as is the mindset to stay liquid by choosing only short term investments. These are the two most common mistakes retirees make with their lifetime savings. To safeguard your retirement, it is imperative that you avoid losses, assume only risks you can afford and make your money work as smart and hard as you did to earn it. These can be accomplished with an understanding of the options, outside professional help and planning. Your savings are what you plan to live on in retirement and if you lose all or some of them, where will you get the needed income?

If your looking for more details – read this eReport and watch a short video seminar free:

http://www.theretirementpros.com/eReport_BBS-1.php

For more on Retirement Planning go to http://www.theretirementpros.com and don’t forget to tune to our Retired Radio station while reading. Remember you’ve got one chance to get retirement right – make sure you know all your options!

Invest is the word to express act of investing or laying out funds or capital in an activity with the belief of profit. Investment is the assurance of something additional than money, time, energy or effort, a plan with the prospect of some valuable result, this job calls for the investment of some hard thinking.

Investment is the assurance of something additional than money, time, energy or effort, a plan with the prospect of some valuable result, this job calls for the investment of some hard thinking. Investors contain be rushing to purchase gold as the financial disaster carry on to bite as a revenue of providing a safe continuing asset as other markets deteriorate. Gold actual value is not that it provided a rapid rough fix but that it obtainable a sure and stable means of caring wealth through investing.

Gold is an attractive investment that should form an important part of one’s investment portfolio. Gold will certainly continue to remain popular as its investment qualities are highly valued. You are satisfied to let them produce within your range, reinvesting payments to purchase more shares, if your goal is setting up to hold the stocks for several years. A classic approach employs making normal purchases. You are not very worried with everyday variations but maintain a close eye on the basics of the company for adjust that could affect continuing growth.

This is not reality that investment policy engages a lot of effort, almost everyone remains thinking that. Investment strategy is about investing your money in varied investment so that you can get to your financial goals within a preset period of time. Each type of investment has separate investments. It is fairly easy to get confused with all the person investments that are available when conducting a research on the different types of investments. Instance, if you think about investing in stocks of electronic companies. Though your investment strategy as to be such so that you can benefit to the highest while taking into account your investment manner and risk tolerance.

It is fairly easy to get confused with all the person investments that are available when conducting a research on the different types of investments. Though your investment strategy as to be such so that you can benefit to the highest while taking into account your investment manner and risk tolerance. Risk tolerance refers to the amount of capital you might be ready to invest without feeling the touch. Investment method is about either being conformist or aggressive. If you are conformist, you will select for mutual funds, and if aggressive investor for shares of companies. When someone who you be supposed turn to when you have any question or doubts about your investments. Make sure you have a sound financial goal, in order to work successfully with your financial planner. Your strategy for investing will be developed based on your ambitions.

This is one of my favorite Jim Rogers videos out there. Jim Rogers is an investment legend and understands how the economy really works. Not like these kooks on TV that give investment advise. Please be prepared and study economics (mises.org) because once you understand how economics really work, you will see how the government created these problems over the past decades and why they will keep trying to fix the problem with more of the same and make things worse. Only when you see how they did and continue to create these problems, will you be in a position to oppose them. Don’t put all your eggs in the dollar basket. That includes a holding dollars, investing in companies using the dollar, or working for a company that pays in dollars. Diversify out of dollars and protect yourself and your family. And prepare every way you can. This is a little older, 4-08, but was one of the videos that first showed me what a really remarkable man Jim Rogers is.

In a recent Market Watch article, Jane Bryant Quinn asks…”what about the financial planners who advise pre- and newly post-retirement clients to hold a substantial portfolio stocks? Are there flaws in that asset allocation?”

“The resounding answer: NO. They’ve kept the faith in a financial portfolio that’s 50 percent to 60 percent invested in stocks for people facing a retirement of 20 to 40 years.” Will investors still believe them when the next wave is over? The current problem is that those heavily invested portfolios are now devastated, leaving many investors, especially retirees, asking themselves why they listened to their advisor’s stock market investing advice in the first place.

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Are these trusted financial advisors working with the best interest of their client in mind as they give you investing advice, or are they driven to “annuitize assets” to earn wrap fees or commission trails? I have a feeling 2009 will be a record year for an exodus from major wire houses.

The stock market involves a whole mix of human emotions: hope, ignorance, greed, fear, desire, dreams and aspirations. Markets reflect how we feel about the future. Why are periods of overvaluation followed by poor or negative returns? Because trees don’t grow to the sky. Everything has its limits, and your advisor should know this.

When enough people realize this, they begin to take their money off the table. Then the market comes back to trend. Finally, when all hope seems lost, the market becomes a bargain again. Savvy investors will keep their powder dry until then. Patience will pay high dividends to the educated investor. DON’T MISS YOUR OPPORTUNITY to profit from this landslide!

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Building A Personal Finance Library: 25 of the Best Books About Money
Building A Personal Finance Library: 25 of the Best Books About Money

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Automobile financing can be complicated when you do not know where to look. There are so many options and you want something that is affordable. You can spend a great deal of time looking for affordable financing, simply because you are not looking in the right places. That is why you need to go to the best places to find your automobile financing.

First, never get your financing from the dealership. Dealership use inflated rates and put confusing words in their agreements so you think you are going to get a better deal than you actually are. You will almost never get the kind of financing you want at a dealership unless they are offering 0% financing. Remember, though, that you will have to repay the loan in three years in order for that to work.

You really want to look outside the dealership for financing. You will be able to get better terms, which will make the vehicle much more affordable.

Your bank or credit union is a good place to start for vehicle financing. Often, you will be able to get great rates through your own financial institution. On top of that, they can automatically deduct your payments so you will never be late on a payment.

When you choose your bank, it is easy to get a prime rate. That means you will save a great deal on interest.

If you are not pleased with the rate offered by your bank, you can then go on the internet and browse financing options. Your best bet is to use a site that offers comparisons. You can then search for the lowest interest rate.

When you do this, make sure you read all the fine print in the agreement. Also, go with a reputable financing company. If you have not heard of them, they might not be the company you want to go with.

At the same time, there are several quality lenders you can find online. When you use one of them, you are likely to get a great rate. Therefore, you want to use the internet to shop for a rate.

There are quite a few financing options available, so you do not want to go with one that is not a good deal. Take the time to look around so you can get good financing. It might take some time to find the financing you want, but it is well worth the time and effort once you find that perfect loan.

Just keep in mind you want to be careful when it comes to financing. Always read the fine print and do not get locked into an agreement that is not fair. Analyze the agreement and be sure you completely understand it before committing to financing.

With that in mind, you can start to shop for financing. You are certain to find some great rates if you keep your eyes open. Simply look around at all available options and pick the one that is best for you. You will then save money and have a loan you are happy with.

Just a quick reference you may be interested in looking at before you start investing in silver bullion of your own. Here is the list of people i follow: Ted Butler (read his weekly commentary every Tuesday), Jason Hommel (updates on silver however he sells his own silver on www.seekbullion.com which may be worth your bit in buying as he is very reputable and honest), Michael Maloney (will study anything and everything that this man writes or says), check out the silver news and updates website: www.silverseek.com, Jim Rogers (a fellow Youtuber has a website: www.allthingsjimrogers.com -excellent), Peter Schiff (www.europac.net), David Morgan – usually only listen to his commentary on www.Kitco.com and subscribe to him re: silverguru right here on youtube. That’s it really…hope this helps…staying up-to-date with silver is a full time job in itself!

In my opinion, this is the type of opportunity investors wait a lifetime for. There is nothing- NOTHING with the upside of silver; especially considering it cannot go to zero (like stocks ala GM). Regardless of how our economy turns out, silver will make a historic move. The question is, how will you participate, when and with whom? learn more here and with Capital Concepts the radio show on WSBR 740AM radio out of South Florida, mf 830-9am and 7-730pm, or on their site during those times www.wsbrradio.com or archived at www.spykermetals.com

Finding the best gold investment advice from knowledgeable experts is an excellent way to prepare a successful diversification with gold, and there are a few important pieces of advice that you could use to your advantage in order to maximize your profit and wealth preservation potential. First things first, before actually beginning a gold investment, it’s important that you thoroughly analyze your investing goals in order to determine whether a precious metal diversification could be right for you. If you seek a powerful safe-haven asset for either short-term profit or long-term wealth preservation, then your next steps are to explore the market by analyzing the spot price and its daily fluctuation, the different types of bars and coins as well as the many dealers that are available to supply these products.

Exploring the market is some of the best gold investment advice you can obtain because many investors simply jump into a diversification without conducting solid research This negligence commonly results in unsuccessful investments. The gold market revolves around supply and demand for the metal, and the most important variable to keep your eyes on is the daily spot price. This spot price is basically the price of one-ounce of gold on commodities exchanges worldwide before additional premiums are factored in. Note that you cannot purchase bars or coins at spot price, this is simply a variable that actual product prices are based on. You can track this spot price on reputable precious metal websites.

As far as the actual bars and coins are concerned, there are many options available to you. Modern-day bullion bars like the Johnson Matthey products and bullion coins like the American Eagles are commonly purchased by short-term profit seekers because of their small premiums. Pre-1933 certified rare coins like the $20 Lady Liberties and $20 Saint Gaudens are commonly purchased by long-term wealth preservation seekers because of their preservative numismatic value.

When seeking the best gold investment advice, you want to ensure that you are working directly with a reputable precious metal firm that is knowledgeable in all different areas of investing. Companies like the Certified Gold Exchange hold a flawless track record of guiding investors to excellence since 1992, thus making them industry leaders in this competitive market. If you seek success with your investment, request your free “Insider’s Guide To Gold Investing” by visiting https://www.certifiedgoldexchange.com/goldrequest/article/Gold-Investment-Advice

Defined within the realm of the statistical Bell Curve, the long tail would reside in the skinny tail at the borders. The long tail, in regards to goods and services, refers to the evolution away from mainstream offerings towards more niche products and services. With the internet drastically reducing the costs of establishing distribution channels, the ability of entrepreneurs to focus more on the longtail sector to fit their customized needs is gaining increasing appeal.

However, almost no one speaks of the longtail of investing. To me, longtail investment strategies are the strategies that do not heavily rely on fundamental or technical analysis, but exploit other strongly predictive factors to produce not only superior returns to traditional investment strategies but also investment opportunities with far better risk-reward paradigms than those produced by traditional investment strategies. Here are 10 reasons why the longtail of investing is the only way to build wealth.

(1)You will never achieve the level of wealth you desire by handing your money over to a large investment firm.

The vast majority of private investors hand their money to large institutions and allow them to invest their money for them. If this were truly the best way to achieve financial freedom, then almost every one you know would be ecstatic with their financial consultant. Think of how many people you know that absolutely rave about their financial consultant.

The fact that 90% of people you know do not rave about their financial consultant should tell you that niche investment strategies, or longtail investment strategies, are far superior. The ones that are happy with the large investment houses already were independently wealthy before they sought out their help. Think about how many people you know that have ever told you, “I wasn’t wealthy before, but thanks to my investment firm, I am wealthy beyond my dreams now.”

(2)Thanks to evolving information technology, there are many better and more highly predictive means of making investment decisions than just utilizing fundamental and technical analysis.

Though people have been really slow to grasp this, once they do, longtail investment strategies, like those invented by SmartKnowledgeU™, will boom. There is no doubt that the level of top-notch financial, political and corporate information available to the average investor has increased by leaps and bounds within the past decade.

There is a virtual treasure map that was created by the flattening of the world over the past decade to selecting stocks that are poised to explode. However, because the largest, most powerful investment institutions in the world have kept the masses of investors fixated on traditional investment techniques such as value and fundamental analysis, the longtail of investment strategies is currently much further behind in its developmental phases than it should be.

The best analogy I can use when explaining why people have ignored the long tail of investment strategies is to compare it to the incredibly slow adoption of Internet Protocol Version 6 (Ipv6) by the United States. When China started preparing its country for Ipv6 a decade ago, the benefits in increased security and its added value properties in e-commerce were evident even back then. However, people in the U.S. were comfortable with the lesser Ipv4 so did not take any action until the progress and superior internet and business capabilities of China, Korea, Taiwan, and Hong Kong finally embarrassed the U.S. enough to move forward and catch up with Asia.

I see the same thing happening in the educational realm of investing. Everyone is comfortable with the traditional investment strategies that have been propagated for the last several decades so nobody sees a need to move forward even though much better strategies exist today. Just as with Ipv6, the world will eventually realize that the safest and best means of investing money reside in the longtail, and they will eventually adopt these strategies.

(3)With so much investor skepticism of corporate integrity sparked by past accounting scandals at Enron, WorldCom, General Motors and the like, and the current, ongoing backdating option scandals, investors will increasingly seek alternate means of making investment decisions other than crunching numbers that they feel are untrustworthy.

Furthermore, technical analysis often yields false positives as well. A chart will show indexes that appear bullish having just broken through a ceiling of resistance only to have the index turn back downward for a prolonged period of time, or a chart will appear bearish having just broken through a floor of resistance only to turn around and begin another bullish ascent.

In fact, you have seen some of these turnaround trends with some of the technical posts that I’ve placed on my blog in previous months. In fact, that is why I always state that I never rely solely on technical indicators to make my decisions. I rely only on technical indicators to confirm or dispel what my long tail investment strategies tell me. Of the three types of analysis, fundamental, technical and long tail, long tail investment strategies yield by far the least amount of false negatives and false positives. That’s why I rely on them so heavily.

This sentiment will lead to an evolution of longtail investment strategies, and the discovery of more efficient and better predictive means of making investment decisions than even those that already exist. Even current longtail investment strategies, such as those utilized at SmartKnowledgeU™ are constantly evolving as access to reliable information increases every year. Making decisions as if you were a fly on the wall of boardrooms is no longer a fantasy. It is possible, thanks to the evolution of the information landscape.

(4)With the growth of blogs and pure information sites on the web, the stranglehold of global investment myths, including the Modern Portfolio Theory of diversification, will soon be exposed for what they are – cleverly disguised sales strategies posing as investment strategies.

Once people realize this, longtail investment strategies will gain wider acceptance, much like acupuncture and herbal medicine eventually gained credibility as healing regimens in the schools of Western medicine.

The new information age has stripped many accepted investment strategies such as diversification of much utility when attempting to build wealth. Furthermore, it has also rendered such beliefs as an inability to time the market and the efficient market model as mere myths. This has been proven time and time again by investment sites such as SmartKnowledgeU™ that have called for steep market corrections in certain global markets and in asset classes like gold with consistent accuracy.

(5)Wider acceptance of alternative, longtail investment strategies that far outperform those utilized by global investment firms will happen as word of successes via these strategies spread throughout the world via the internet.

The internet distribution channel can and will be used to change the mindset of investors.

(6)The Do-It-Yourselfers are Growing – With the success of books such as Stephen Covey’s “The Eight Habit” that emphasize personal accountability to achieve excellence versus handing control over to someone else, cultural shifts will happen whereby people will seek to seize control over their own financial future versus just handing their money to a firm to manage.

As this cultural shift happens, multitudes of people will realize that they are shorting their returns significantly every single year by handing their money to global investment houses.

(7)The flattening of the world and accessibility to previously inaccessible investment information will undoubtedly yield an increasing amount of investment strategies that reside in the longtail.

People will realize the foolishness of believing in the one investment strategy thrust upon them by global investment houses for the past half of century as “the only viable and safe way to invest.” If the younger generation takes an interest in investing, adding their creativity to the investment arena will result in explosive growth in the longtail of investment strategies. However, since the odds of this occurrence are quite low, a more gradual shift towards niche investment strategies is much more likely.

(8)The explosion of social networking sites like YouTube, MySpace, Friendster, Squidoo, Digg, and so forth, will amplify the viral marketing of longtail investment concepts.

Again, ignorance of longtail investment strategies causes fear and hesitancy to use them. Viral marketing of longtail investment concepts will increase millions of investors’ comfort level with these different and unique concepts.

(9)People are ultimately interested in returns, no matter how much global investment firms try to separate themselves from their competitors with smoke and mirror service claims.

All the gratitude for luxury box suites at Los Angeles Lakers games, suites at the Four Seasons Hotel, conferences at world-class golf courses and resorts will quickly wither once people realize how much more money they are earning with longtail investment strategies.

(10)Again, because people will readily abandon all the perks they get as a preferred client at a large investment firm for far superior returns on their portfolios, longtail investing will eventually reach a critical mass.

Eventually the longtail of investing will migrate towards the center and become the mainstream methods of investing, though this may take several decades to occur.