What’s obvious from today’s market moves is that there isn’t a single thing anyone else but the Fed can say, think, or do that will have a significant impact on your investments, up or down. Whatever you or your pension fund manager are paying for the pinstriped suit your stock broker or investment advisor is wearing, ...more

“Consider annuities with inflation protection”   Using the information from the example given, a 65 year old man has a life expectancy of about 13 years. The 3% annual inflationary increase in annuity benefits is probably about equal to what he could earn in on a bond fund. So, that’s a wash. It appears the annuity...more

I say, forget occupy Wall Street. Let's all break into and occupy the Fed so we can print a trainload of money for ourselves for a change. Let's have a million man march on the Marriner Eccles Building.

I guess if you owned "Falling Waters", you could always claim that leaks were an intentinal part of the design theme.

Most people can save money and gas more easily by just driving less. Plan, combine, and coordinate your trips for shopping, errands, social activities, etc. and you can easily cut 15-20% off the fuel you are consuming now.

"you can be sure all manner of volatility has been sold (at the wrong price) in an attempt to enhance yields."   I wake up every day expecting to hear about some schmuck in an insurance company somewhere who decided to hold the bag for it all for a few $100 million bonus in his pocket. Let’s just hope it isn’t AIG ...more

Wait until you're 70. That will give the government time to raise the retirement age to 72.

I think I'll skip the anniversary this time and invest in the divorce.

So many bubbles everywhere. It's like I got up each morning for the last 180 days and drank an entire bottle of champagne for breakfast before going to work . Thanks Ben Bernanke for keeping me soooooo wasted.