Archive | September, 2011

Political Drama and Economic Paralysis

23 Sep

We are currently about a month and a half out from the 1st of August, a date that seemed to start a chain reaction of political debate and legislative gridlock surrounding the debt ceiling controversy. While a last-minute compromise was eventually reached, the national and international fallout from two political parties’ very public struggle to [...]

My Big Fat Greek Debting

23 Sep

Unfortunately, the news from across the pond seems to continue to get worse. Europe, already mired in a deep economic slump related to uncertainties surrounding debt crises in Greece, Ireland and Spain, got more bad news as Italy, one of the Eurozone’s largest economies, saw their credit rating downgraded by Standard & Poor’s. We have [...]

Location Location Location?

23 Sep

I have seen the argument made that, in the context of some significant economic stress points around the globe, the United States is sort of like the good looking house in the bad neighborhood. We have our own financial issues right now, to be sure, but nothing as bad as what is going on in [...]

IRA

23 Sep

With all the talk about big-picture financial concerns, one thing that can get lost is what these economic ebbs and flows means for your savings and investments – particularly 401(k)s and other individual retirement accounts. With regard to Social Security and retirement accounts, we are seeing certain investment products getting sliced because of low bond [...]