Gold 401K

Gold Top 401k
Gold Top 401k

Nockout 401k! Down to the account?

2008 will go down in history as the worst year performance record of individual retirement account. Most 401k plans and IRA accounts dropped 40% on average for the year. Many retirement accounts that weighed heavily on international funds performed even worse. Most international funds have closed over 70% for the year and most of the energy funds closed 50% for the year. Just take a moment … Make the market erased all the gains that have been created over the last 10 years in one year.

Why Wall Street does not tell anyone that the market goes down? It always amazes me today that the reserves of the large Wall Street firms Release level coupes and sectors, but could not save. Bear Stearns, Lehman Brothers, Merrill Lynch, Wachovia, Washington Mutual, and a host of other institutions Financial details were not available in this debacle. Why not stoop to the expected results or rating to sell? The reason is simple and Wall Street's dirty little secret. They simply have no idea about the market and do not really know anything, but the sale of its services. They just bias and the bias of greed. Most investment funds are structured to impose fees and tell the media or investor the average cost in dollars over time. What happens to the baby boomers thinking about retirement this year and next? How can compensate for loss of 40% which took place in a year? In fact, the only positive investment funds in 2008, the fund or funds Madoff. These are funds that invest in the market goes down instead of upward. That's what traders called a short sale. Unfortunately, most investors never 401k shorting a stock and does even know that such investment is still possible. In addition, why should they? Wall Street mutual funds continue to have rights regardless of what the market does. Can you imagine paying someone to lose ten years the value of your savings? He spent the year last. After Wall Street, he said, do not worry you are in for the long term. What happens to the baby boomers who do not have a long waiting period? What if it lasts until 2015 or longer? These are questions people should ask themselves.

Oh, I forgot the new stimulus plan will save everyone. This will be the third stimulus of the first Bush presidency and the debt will only make this country more. It seems that both early recovery plans worked very well. Do not forget the rescue of AIG, Citi Bank, car manufacturers and a host of other financial institutions using the TARP. Who pays for all these rescues anyway? This is not the taxpayer pays? What will happen the U.S. dollar as it becomes so diluted? What is the purchasing power of the current individual retirement? What with the generation baby-boomers who was planning to retire? Again, these are questions people should ask themselves.

The stock market is now return to the same level as 1997. If housing prices return to 1997 levels? If food prices return to 1997 levels? If the price of gold at 1997? If energy prices return to 1997 levels? You get the picture. The answer to all these questions is a simple NO! If I hear once more than the market are safe and the new president will fix this mess, I have news for you, not soon!

Beauty U.S. financial system was the fact that the market could fall into recession. Believe it or recessions are not healthy. They allow system cleaning by removing the excess. Yes, times are tough for many in recessions. However, it allows markets to make a fresh start and resolve problems until the next craze for overheating. Called peaks and valleys. The problem today is not more Excessive peak of a bull market after 18 years (1982-2000) who was never allowed to have a good recession. The market moves to the extreme like a pendulum that moves from left to right and it takes time to find the point averages. In 1990, the market has moved into new peaks as a dot-com and technology, nothing had been purchased by the public. In 2001, the bursting of the tech bubble and the tragedy 9-11 took place. The economy has been through the last recession, while Fed Chairman Alan Greenspan lowered the federal funds rate 1%, causing the next bubble, this time in the house. The housing bubble is much greater than before the technology bubble that most investors and dealers could borrow 50% of your broker to buy stock (T Reg). Borrowers in the housing market, which in many cases allowed to borrow more than the price of housing. In many cases 125% of loan value. In addition, many borrowers were not qualified even to own a credit card let alone a house. This problem can be solved with another stimulus check? Of course not. What about the rise of unemployment? Oh, I forgot that the government will rebuild roads in the country. It did not work in the 1930s and that it will not work not now.

This crisis will take time to resolve. Government intervention more, take more time. We believe that this gathering of During the first half or first quarter is very possible. However, the second half is likely to be very difficult. How can you do more of it to be good. rides can fix a flat tire so many times before on the rim of the wheel and tire ripping in half. The tire (economy) seems be the last step.

Source: Nicholas James InTheMoneyStocks.com

About the Author

Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He managed money for a large, affluent private client group. After applying his knowledge to his client base, he decided it was time to begin teaching those interested in learning his methods. He is an expert in Technical Analysis. He has become an accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. In 2007, he partnered with Gareth Soloway to form www.InTheMoneyStocks.Com and realize his dream of educating others about the truth of the markets.

Top #1 Recession Proof Business Work From Home Better Than 401K TriVita Nopalea