Spending and Investments Decline, Chance of Recession Rises

With spending and investment portfolios declining in the midst of a household debt contraction our chances of going into recession are rising.

Household spending fell in June for the third straight month; never in the past five decades has this happened outside of a slump.

The Standard & Poor’s 500 Index plunged 16.8 percent in 11 days,

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At Some Point It Doesn’t Pay to Learn More About Investing: Andy Tobias

Andy Tobias, author of “The Only Investment Guide You’ll Ever Need”, believes that after a certain point, it doesn’t help to know more about investing.

Andy Tobias:

If you’re using more complex strategies, that implies active trading. Transactions have costs. There are brokerage commissions. You have the spread. And then you have taxes if the trade’s not

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Rethinking Housing: The Meaning of Homeownership has Changed

The meaning of homeownership has changed.

Here is what it means to be sensible about buying a home:

You should save up at least a 20 percent down payment.
You should get a 30-year fixed-rate mortgage.
You should spend no more than 30 percent of your gross income on housing.
If you have student loans or credit-card debt as well

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The Inflation Outlook and How It Should Influence Your Investments

The forecast for inflation is a topic of considerable debate, partly because it has important investment implications, and partly because forecasts range from expectations of high inflation to Japan-style deflation.

Few firms have as much interest ininflation as PIMCO because of the effect of inflation on the valuation of its portfolio.

Mihir Worah, managing director and head

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Debt to Wealth: Tools You Can Use

Turning debt into wealth is easy, right? Here are some of the tools the rich use to help with their wealth creation:

Budgeting Tools: Yes, believe it or not, wealthy people budget. They may not budget the same way other people do, but they know exactly where there money is coming and exactly where it is

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Warren Buffett on Investing

Warren Buffett is one of the most successful investors of all time. People want to know Warren’s thoughts about investing topics – and for good reason. Here are some of Warren’s thoughts about investing:

Investing

Read and think before you invest.

Read everything on investing you can get your hands on and fill up your mind with various

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Risk – Where it Comes From and How it Affects our Lifestyle

The concept of risk is inherent in life – it affects just about everything we do that makes up our “lifestyle”. Most certainly risk affects our investing. It also affects how we manage our career.

Scott Shane, in his new book Born Entrepreneurs, Born Leaders: How Your Genes Affect Your Work Life s tells us more

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Saving for Retirement Being Hurt by Economy & Attitude

The low savings rate is affecting the ability of families to save for retirement.

The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday.

The percentage of workers who said they have less than $10,000 in savings grew to 43% in 2010, from 39% in

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Saving and Investing – Keeping it Simple

Want the cleanest, simplest way to invest your savings?  Some people are hurt by not saving regularly, while others lose out by chasing the latest, greatest investment.

Paul Sullivan, New York Times columnist, shares with us strategies for saving that employ simplicity. Paul Sullivan:

For the wealthy, index funds have an image problem. They are considered

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Financial Planning to Improve Cash Flow and Build Net Worth

Here are some financial planning steps to do periodically that will help you improve your cash flow and build up your net worth.

1) Rebalance.
When it comes to your investments, a strategy of benign neglect is often more fruitful than a more active approach. That’s why I’m a big believer in making changes to

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