Bernie Madoff received 150 year prison sentence yesterday, and with good behavior he could be out before his 200th birthday!
He was told by the judge that he had committed an “extraordinarily evil” and shook the confidence of the legal and financial system.
Subscribing to the MyWealth Blog will allow you to gain a unique perspective on the financial world. Our unique approach differs us from mainstream media in that we look at the markets from a global perspective. Our content tackles news and opportunities in not just the United States stock market (like the vast majority of the media), but also general market trends and world finance.
Because of this, ETFs and the currency market opportunities make up a good chuck of our discussions, rather than just articles about individual companies. Reading our articles will open you up your mind to more than just the mainstream media to gain a more real and balanced view of the markets and invest with more success. Take a look at some of our more popular articles:
There have been a lot of news reports recently about 401(k) plans becoming more transparent.
This stock market has really been historical over the last 12 months. 2009 in and of itself has been quite a ride, but where does this leave us? The market has been stabilizing and trading in a range for two months. There may be a big move to the upside this Fall out in front of the heavy inflation to follow.
**Congratulations to Azeez K., Adetayo A. and Yvonne Z. for being this week's winners**
Oh the Swiss Central Bank (Swiss National Bank - SNB) is at it again! They are intervening in the currency market by selling their currency (furiously, I might add)!
Early this morning, the Swiss intervened in the EUR/CHF pair, driving it up about 280 pips so far. That’s a huge move for this currency pair.
Back on March 12th, the SNB warned that they would intervene and that “policy makers will act to curb any irrational appreciation” (in the Swiss franc).
With the Fed in meetings the next two days, and fears of heavier inflation much greater than ever before, Bernanke and company find themselves in a very difficult spot and will have to tip toe around inflation fears and focus on their bigger fears of deflation.
Estate planning is an area of our Finances that is probably the least exciting, and often the most over looked.
In addition, many people just want to jump right into all of the tax savings strategies without ever taking care of the basics.
Here are the Four Estate Planning documents you must have.
