The Wall Street Journal recently published a terrific article that I thought I should pass along to you in case you missed it: “Don’t Join the Ostrich Generation“. It highlights some disturbing financial trends, and then discusses ways for you to protect yourself. First, some troubling facts: Many Americans are avoiding planning for the future. […]
S&P Downgrade
Lessons of Lower Ratings Regarding S&P’s decision to downgrade the U.S. credit rating, the Wall Street Journal’s article Lessons of Lower Ratings provides an historical perspective of how other countries have performed after a cut in their credit ratings. As discussed in the article, history suggests the recent downgrade could actually be a long-term positive […]
Ignore the Economists
CNNMoney just published an excellent article titled Don’t Listen to Recession Forecasters. This is a great article for those investors who believe they can time the market by predicting recessions. As the article suggests, the odds are greatly stacked against this approach. Here are two key points to consider from the article (with my comments): […]
