I laughed so hard I ended up crying. The [tag]SEC[/tag] is concerned that the prospectuses that mutual fund companies send to their clients are too big and full of legal mumbo jumbo to be useful to the general public. How many of you think that mutual fund companies WILLINGLY CHOOSE to spend the money to develop, write, print, and mail a 38-page book to your house, not just once, but every single year you own the fund?
Whether or not now is a good time to buy [tag]real estate[/tag] depends, as most things do in finance, on time and amount. For example, if you have been renting for the last year or two and have saved up 20% for a down payment and you just found the house of your dreams, then yes, now is a great time to buy real estate. But what about people looking for a good investment? Is now the right time?
Politicians hate to admit that anything is ever wrong with the economy. Even as they pass “critical” packages using the economy as an excuse, they continue to maintain that everything is just fine. Please go on with your life and please, please, please, keep spending your money. Every financial advisor who has been in the game long enough to know anything has watched as the Bloomberg reporter asks a political appointee how they feel about the terrible numbers that have just come out that are far below every expectation on the street only to hear the shill (sorry) political appointee go about explaining why the numbers aren’t bad at all, in fact, they are just fine, and everyone just has it wrong. You can always spot the newer journalists by the way they try and help the politician understand that the numbers are in fact terrible.
One if the most frequent questions I get from people is what kind of [tag]insider tips[/tag] and tricks do I know as a financial planner. Of course, most people don’t want to hear it, and sometimes it can take a while to explain. Today, one of those secrets is revealed over at What Is A Stock – It’s Not What You Think on the main Finance Gourmet web site. Check it out. Then, subscribe our feed so you can get the next article which will reveal the secret about the [tag]stock[/tag] market and how stocks are priced.