Retire Rich?   

Retire Rich?   

What does it mean to Retire Rich? Being rich means many things to different people. Here is my definition of what it means. It means that you have no debt and more than sufficient assets that will generate income to last your lifetime. You could have your assets in...
Bottom Fishing

Bottom Fishing

The S&P 500 hit a new 52 week low today 1810, so did the NASDAQ 4209. The Dow almost hit a new low 15503, and then with just a hint that there might be a reason for oil to move up the markets started a brief rally.  This brief recovery shows the pent up demand...
Unemployment Rate in America

Unemployment Rate in America

COSTELLO: I want to talk about the unemployment rate in America ABBOTT: Good Subject. Terrible Times. It’s 5.6%. COSTELLO: That many people are out of work? ABBOTT: No, that’s 23%. COSTELLO: You just said 5.6%. ABBOTT: 5.6% Unemployed. COSTELLO: Right 5.6% out of...
Bottoms Up

Bottoms Up

The 16,000 level for the Dow, 1,900 for the S&P 500 and 4,400 for NASDAQ appear to be fairly solid bottoms for buying opportunities. We started buying again today near those levels. While it is hard to predict an exact bottom it does appear that the markets want...

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