“I was talking to [a French friend]. He thinks it is typically American to expect each generation to make it on its own. Americans think they should put aside enough money to pay their retirements, and that’s all.
September 29th, 2009 | Bill Bonner | 8 comments | ContinuedAll Posts Tagged With: "retirement"
Proposals Inviting Government to Take Money from You and Give it to Someone Else
Look, there’s nothing wrong with looking for the perfect solution to something, we try to do that all the time. There is one difference though. We favour getting rid of regulations, taxation and compulsion and letting free enterprise and dare we say it, the individual make their own choices.
September 23rd, 2009 | Kris Sayce | 23 comments | Continued
Feds Can’t Cause a Genuine Recovery Simply by Throwing Money into Economy
Meanwhile, the feds are muddying the waters. They’re trying to fool the consumer…to trick him…to make him think that up is down and down is up. They want him to believe that the fat years are coming back…
September 17th, 2009 | Bill Bonner | 3 comments | Continued
The Inevitable Path Toward Capital Controls in America
This highlights what many people are now saying openly: the end is near for the U.S. dollar as the world’s preferred reserve currency. The dollar isn’t going away, of course. But already the Chinese have set up currency swaps to conduct bi-lateral trade with larger trading partners. These transactions are outside the dollar.
August 21st, 2009 | Dan Denning | 8 comments | Continued
How to Boost Your Retirement Income
Yesterday we gave incoming IFSA boss John Brogden a serve for advocating an increase in mandatory super from 9% to 12%. In fairness, we should point that IFSA has released a new charter (not yet approved by member) that would phase out inbuilt commissions on managed funds starting in July of 2010. That’s a good start in realigning the interests of your super fund with your own financial interest.
July 16th, 2009 | Dan Denning | 5 comments | Continued
Benefit From Being A Baby Boomer
People sometimes ask me: “What should I do with my retirement account?” I often tell them to consider ways of retiring that are not dependent on financial abstractions and various corporate/government promises, such as Social Security or corporate pensions.
January 8th, 2009 | Nathan Lewis | 1 comment | Continued
Baby Boomers Are Ill-Prepared for Retirement
Retirement financing is going to be a big issue for many, many people – even those who thought they had it in the bag. Altogether, trillions of dollars’ worth of retirement funds have been lost already. Read on…
October 30th, 2008 | Bill Bonner | 2 comments | Continued