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Vanguard executives have just issued a statement saying that deflation is a real risk for the global economy, but didn't seem to be concerned with the U.S. economy. If global deflation should become a problem, how will this impact our investments? Quote from CNBC: "Executives at Vanguard...

A friend of mine who is 55 years old will be retiring from a school district in June and will begin collecting a pension at that time. She will then do occasional substitute teaching. She would like to withdraw money from her 403(b) as soon as she retires. Under section 72 (t) of the IRS code...

According to a Dutch study, male civil service employees significantly reduced their chances of dying by retiring at age 55 because of an immediate reduction in stress: Study: early retirees less likely to die - Encore - MarketWatch http://papers.tinbergen.nl/13119.pdf

I came across a video that is probably worth 9 minutes of your time. Whether you're ER'd or still doing the daily grind it is awesome and inspiring. TEDxSF - Louie Schwartzberg - Gratitude - YouTube

The Federal Housing Finance Agency will be filing lawsuits against Bank of America, JP Morgan Chase, Goldman Sachs, and other banks either today or Tuesday for misrepresenting the quality of mortgage securities during the housing bubble. I have to tell you, this is absolutely the best news I...

A recent study shows that the net worth of Whites is now 20 times that of Blacks and 18 times that of Hispanics. By Comparison, the gap between Whites and both of these minorities was 7 times greater in 1995. The median net worth for Whites in 1995 was $113,149 with Hispanics having $6,325 and...

The massive debs that the public is accumulating in order to bail out speculators has become a justification for deep cuts in social programs. The rich are getting richer at the expense of the poor, and as Warren Buffet puts it, "But it's my class, the rich class that's making war, and we're...

I'd like to thank everyone on this forum for providing information and support that gave me the confidence I needed to begin my ER 5 years ago today. My, how time flies when you're having a good time! Much of my free time is now spent traveling the U.S. DW and I spent the night in an RV park...

This is an interesting article that explains how many of us in the 3 lower income quartiles won't be able to retire until age 65 or older, and some believe it or not until our 80's. Many of us won

The gap between the "Super Rich 1%" of the U.S. population and the other 99% is now greater than it was before the stock market crash of 1929. Jack Bogle has warned that the "Invisible Hand" no longer serves the people. Instead, Wall Street is obsessed with restoring the unregulated market that...

Do the richest 1% of our country believe that they are "divinely protected" and chosen for "great earthly wealth.?" The unemployment rate of America's young now stands at 21% compared to Egypt which has 25%. Will young Americans react with anger and hostility when they bear the brunt of tax...

Retirement doesn't look too rosy for many baby boomers who are now turning 65 at a stunning rate of 10,000 per day according to this article... Baby boomers facing retirements in jeopardy - Business - Your retirement - msnbc.com

This is an interesting article on 5 reasons why the market should continue to rally and 5 reasons it has yet to find a bottom: Will the stock market rally stick, or vanish?

If you're like me, you may still be suffering from shell shock due to the economic calamity of 2008. Today's Wall Street Journal has an excellent documentary with an interesting perspective on what caused the economic collapse of 2008 and what to expect in the future. End of Wall Street...

It should come as no surprise that Washington Mutual Bank had to be rescued by JP Morgan Chase after reading some of the unethical acts of its employees in their quest for greed. They approved loans for school teachers who claimed incomes that rivaled stock brokers. They verified the income...

Will we see a repeat of the 1930's and 1970's when individual investors stopped buying stocks, which significantly slowed a market recovery? Stock Investors Lose Faith, Pull Out Record Amounts - WSJ.com

JP Morgan Chase has announced that they will rewrite the terms on real estate loans for up to 400,000 borrowers. These customers will be moved into mortgages with lower interest rates, smaller principal amounts and more-affordable terms. They're hoping that other mortgage lenders will follow...

George Soros once said that he avoided using derivatives, "because we really don't understand how they work." Warren Buffets believed that derivatives were, "financial weapons of mass destruction." Felix Rohatyn, who been given credit for saving New York from financial ruin in the 70's described...

Since 1956, the average bear market has lasted 14 months. The current bear market began on July 7, 2008. If this bear market turns out to be average, it won't be over until about September 2009. How long to you think the current Bear Market will last? Past Bear Market Statistics Sept...

In another act of desperation, the federal government will attempt to slow the slide in the stock market and revitalize the seriously malfunctioning credit markets by doing something it hasn't done since the depression; it will make direct loans to non-financial corporations. The Fed will...

Below is a link that will take you to Sunday's CBS 60 Minutes. This news story offers an accurate explanation of how Wall Street used "Credit Default Swaps" to nearly destroy the American Economy. Wall Street's Shadow Market Video - CBSNews.com

It's not certain, but probable that the Paulson Bail out Plan will become law. A key provision from the Bail out Summary is this: "The government can use its power as the owner of mortgages and mortgage backed securities to facilitate loan modifications (such as, reduced principal or interest...

A tetative Bail-Out Plan has been reached. Are you satisfied with it? Lawmakers Reach Tentative Bailout Deal - WSJ.com

Washington Mutual, the largest thrift in the U.S. wil be purchased by J.P. Morgan Chase in a deal that was orchestrated by federal regulators. WaMu placed corporate profits before competent loan underwriting during the housing bubble and is now losing its independence because of excessive...

The events of the past few weeks on Wall Street are causing many Baby Boomers to consider spending more years in the w*rk force before retiring. With the spend and borrow mentality Americans have embraced, especially over the past decade, it should come as no surprise that savings took a back...