http://www.conference-board.org/economics/ConsumerConfidence.cfm
The Conference Board Consumer Confidence Index™, which had decreased
moderately in January, declined in February, reaching yet another all-
time low. The Index now stands at 25.0 (1985=100), down from 37.4 in
January. The Present
My comment: As expected we are already in the risky side.
Peace and best wishes.
Xi
Obama Pressed to Use Nationwide Talk to Spark Hope on Economy
http://www.bloomberg.com/apps/news?pid=20601087sid=a0DL0uM2K2forefer=home
On Feb 24, 4:03 pm, xi xieu.l...@gmail.com wrote:
http://www.bloomberg.com/apps/news?pid=20601087sid=aw1LU5_qRb.Irefer=home
Feb. 24 (Bloomberg) -- House Education and Labor Committee Chairman
George Miller said 401(k) retirement plans do not provide sufficient
retirement security for many Americans and must be revamped.
Miller, a California
My comment: For US friends. Arable land with good water supply.
Commodities. Grow food at home.
That will not turn rich to anyone probably, but it can give a better
life without dramatic troubles
Peace and best wishes.
Xi
Investors Sit Tight as Flaws in 401(k) Plans Exposed
China Said to Plan $3 Billion Investment in Fortescue
http://www.bloomberg.com/apps/news?pid=20601087sid=alrRVjOYXUaUrefer=home
Feb. 24 (Bloomberg) -- China, the world’s largest metal consumer, may
invest about $3 billion in Fortescue Metals Group Ltd., Australia’s
third-biggest iron ore
It may take more than the worst bear market in 77 years to rattle U.S.
retirement-plan investors.
Right before the baby boomers retire, how convenient!
I feel REALLY sad for the baby boomers!
On Feb 24, 12:10 pm, xi xieu.l...@gmail.com wrote:
My comment: For US friends. Arable land