401(k) Getting Hammered? There Are Alternatives, If…

March 6, 2009

Yesterday, the stock market dipped to new lows and today, the slide was continuing, but was up at the close.  Thank Goodness!  The news, however, continues to be rife with stories about 401(k) accounts dropping in value every day, with years’ worth of savings being wiped out, and no decent prospects to get them back [...]

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Happy Thanksgiving!

November 26, 2008

What a great holiday!  This year, it comes at a time when our country’s financial climate is in great turmoil and when poignant change is just over the horizon.  It comes just in time to remind us of all the important things in life, all for which we can be thankful. 
 
God.  Family.  Friends.  Love. [...]

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401(k)’s and Self Directed IRAs

November 14, 2008

401(k) accounts have recently become a very hot topic in the media.  Now that our economy is officially in a recession, many of you have felt the effects of the recession in your 401(k)’s because of the falling value of stocks.  Many 401(k) programs do not allow you to shift from one investment to another [...]

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Stunned and Amazed!!!

November 11, 2008

As I venture into developing this blog, I realize I should start with a brief background of myself. My name is Paul Smudski. I have been a Real Estate Investor in earnest for about five years now. Before that, I spent almost 20 years investing in stocks, bonds, and mutual funds as [...]

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Opportunities Abound

October 8, 2008

Really?  Opportunities abound?  In this market? 
We have been hearing about the meltdown of the credit markets for the past couple of weeks.  The government has authorized up to $700 Billion to be spent to “rescue” the markets from the Mortgage-Backed Security debacle.   And the talking heads on CNN, MSNBC, and even Fox News are talking [...]

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