Jan 13 2010
2.4 Million Job Openings for 15.3 Million Unemployed: How Average Americans don’t Partake in the Current Casino Stock Market Rally. Most of Net Worth is Stored in Housing but not for the top 10 Percent.
For the most recent job opening data, according to the JOLT survey by the BLS, there were 2.4 million job openings in November of 2009. Now this might seem like a large number but it is not. Consider the fact that we have 15.3 million Americans that are still officially labeled as unemployed. And this [...]
Oct 5 2009
401k Investing: Is the 401k a Relic of Past Investing Models? S&P 500 versus Certificate of Deposits.
Given the current investing climate, I think many people are questioning their investment strategy with the 401k. Many have been led to believe that stock markets will always return 7 to 10 percent on an annualized basis. Yet that is not the case. In fact, as of March of this year if an investor had [...]