>Financial Porn Can Seriously Distract:
I’d love to reprint this article in this space so you don’t have to go to another link – but alas that would be copyright infringement and we wouldn’t want that (yes, I pay for my downloaded music)!
Click the above link and read a great article about the pornograhpy that is fed to you everyday by the financial press. It’s a very interesting article that should tickle your fancy!!!
>�John P. Scordo, Esq. – www.research-finance.com
For those of you who like to read some of what I read to keep up to date on the latest in investment research, the above link to www.research-finance.com should prove fascinating.
>Wary of Stocks? Property Is an I.R.A. Option – New York Times
This is not a recommendation, purely an FYI. Real Estate in an IRA can be good for the right people, but it comes with a few headaches and rather high fees.
>Betting Against the House
From one end of the spectrum to another. This guy sold his house and is renting, betting on prices to fall.
>Larry Kudlow on the Tax-Advantaged Housing Market 2005 on NRO Financial
Another take on real estate, one worth reading. Contrast this with the following article from the LA Times in the post before this one.
My point is not that there is or isn’t a real estate bubble, simply that there are plenty of points of view and we don’t know who will be right. The future is truly unpredictable, of course in some areas housing prices are down right ridiculous.
>Ameritrade to buy rival TD Waterhouse
For those clients of mine who I manage for this news is important. I had hoped that Ameritrade would acquirer TD Waterhouse as opposed to Ameritrade being acquired by E-Trade. I think this will be a good combination and we will all benefit from expanded services. If you have questions on this merger please don’t hesitate to call or e-mail me.
>The Many Evils of Inflation – Mises Institute
I don’t know anything about the Mises Institute or their politics, please don’t recieve this posting as a political statement. What I want you to focus on with this article is the devastating effects of inflation on your money and how government mismanagement of money is a leading factor in the loss of purchasing power over time.
Inflation is your enemy in life and retirement, unless you are a debtor, then it is your friend. Since most of us are debtors until our later years inflation looks good, but when we hit those retirement years it can wipe out your money, though it does it silently and over time, inflation is slick. Most people fear losing money in the stock market, but ignore the losses they are racking up each year through the loss of purchasing power.
Scott Dauenhauer, CFP