August, 2014 - Crash Proof Retirement
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Monthly Archives: August 30, 2014

This Week: Happy Labor Day!

We hope that you are enjoying your Labor Day Holiday weekend.  Labor Day pays tribute to the contributions and achievements of American workers. It was created by the labor movement in the late 19th century and became a federal holiday in 1894. We know how hard you baby boomers and retirees have wo...

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Saturday, August 23: Where Does The Money Go?

The second quarter report from the Private Equity Growth Capital Council (PEGCC) shows that fundraising in private equity nearly doubled to $50 billion last quarter. This growth signals the continuing desire of sophisticated investors to exit the stock market. Private equity funds can be invested i...

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Sunday, August 17: The Importance of Fiduciary Duty

In the financial arena, professionals can be held to two different codes. The first of these is the fiduciary duty, which legally binds the agent to act solely in the best interest of the client. Brokers, on the other hand, do not operate under the fiduciary standard. Instead, brokers operate under...

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Saturday, August 16: An Apology for Quantitative Easing

“I can only say: I’m sorry, America.” These sound like the words of a treasonous diplomat or disgraced politician. Instead, they made up the opening line of an article written for The Wall Street Journal by Professor Andrew Huszar, a former Federal Reserve official whose work back in 2009-20...

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Saturday, August 9: Phil Cannella Discusses Variable Annuities: World’s Worst Investment!

Carlo di Florio, chief risk officer for the Financial Industry Regulatory Authority (FINRA), recently highlighted concerns stemming from variable annuities, saying those particular investments rem...

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