Baby Boomers Cashing in their Stocks for Retirement

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76 Million Baby Boomers To Cash Out Retirement – Can The Economy Handle It?

Original Post January 12, 2015

AS MILLIONS OF BABY BOOMERS MOVE ON TO RETIREMENT, THEY’RE CASHING OUT OF STOCKS. CAN YOUR PORTFOLIO WITHSTAND THE SELL-OFF?

withdraw savings 76 Million Baby Boomers to Cash out Retirement – Can the Economy Handle It?

From Rachel Mills

We frequently discuss the many reasons why the economy as we know it is unsustainable. The Federal Reserve has printed the bejeebus out of the U.S. dollar. Our manufacturing sector is being continually chased overseas. China and Russia are buying gold like crazy. We don’t make much of anything anymore except war. The majority of Americans aren’t saving anywhere near enough for retirement. Even if they were, it is all being inflated away. [Read more…]

Could Low Gas Prices Really Pose This Threat To Your Savings

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IF YOU THOUGHT THERE COULD BE NOTHING WRONG WITH PLUMMETING GAS, YOU MAY BE SURPRISED BY HOW MUCH YOUR SAVINGS ARE TIED TO THE SUCCESS (AND FAILURE) OF BIG OIL.

low gas prices Could Low Gas Prices Really Pose This Threat to Your Savings?

From Rachel Mills

After November’s midterm elections, we had been waiting with bated breath for gas prices to rise again. After all, they usually seem to dip and surge around elections. Or maybe that is only how it seems some years. Memory can be so selective.

But this time the surge in prices following the election hasn’t happened. We suggested to readers, tongue-in-cheek, to fill up their tanks on the way to the polls in anticipation for that post-election upswing, but instead, prices have kept falling. And so, instead of behind-the-scenes forces struggling to manipulate prices downwards for the benefit of the political class, it seems instead that something else is going on. [Read more…]