EUR/USD Analysis

Filed Under (Finance Help) by Admin on 03-08-2009

EURUSD has not yet recovered from its largest downward correction in nearly 10 years. Technically its still in an uptrend within a corrective phase. When this part of the corrective rally terminates, Euro dollar value should be between 1.4490-1.4690.In the meantime there is a continuing to month correction of the rapid rally that began April 22nd and topped out at 1.4338 on June 3rd. This is

New Money Rules for Financial Security - #7. Retirement

Filed Under (Investor News) by Admin on 03-08-2009

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

Contemplating on Money RulesOne of the questions that needs to be addressed now is the impact of the present recession on our retirement plans. So far a bull market and a portfolio designed according to basic money rules gave many the hope of retiring early. But the onset of a bear market and the current recession have erased a significant amount of wealth from the portfolios of most Americans.

The notion that our money could work for us rather than the other way around is perhaps no longer valid. And with it, the early retirement plans of many have been dealt a hard blow. According to EBRI (Employee Benefit Research Institute), long-tenured workers nearing retirement have seen their 401(k) accounts shrink an average of 30% over the past 14 months.

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