May 11 2012
By Allen G. Yee We have all heard about the big Ponzi schemes out there. Madoff and the like, that are responsible for stealing billions of dollars of their victims hard earned money. To many, these large scale works of deception seem remote and don’t pose a threat. And while you may feel far removed [...]
May 11 2012
By Allen G. Yee One year later, but Social Security will be bankrupt 3 years sooner. The concept of social insurance was written into Article 22 of the Universal Declaration of Human Rights which states that Everyone, as a member of society, has the right to social security and is entitled to realization, through [...]
Apr 27 2012
Watch Out! Is the Fed Pushing Us into Another Bubble?Sheila Bair, former chair of the Federal Deposit Insurance Corporation, argues in the attached Fortune article that “it’s time for policy makers to loosen their grip on interest rates.” While the Fed’s low interest policy has kept Treasury bond prices high and spurred stock market gains, [...]
Mar 28 2012
Have you ever wondered why the age of 65 became the retirement age? And, who decided to choose the age 65? This is an important fact to consider and it’s been left out of most discussions. In 1935, the average American lifespan was roughly 61 years. Setting the retirement age at 65 was extremely smart [...]
Jan 16 2012
News Brief By: Allen G. Yee Gold has historically been viewed as a safe haven during uncertain economic times; will it be different this time? Despite the debt issues in Europe and the sustainability of the US and Chinese economy gold is off its recent highs. However, could it be a worthwhile asset to own [...]
Jan 16 2012
News Brief By: Allen G. Yee I am absolutely dumbfounded by the statistical information from the TD Ameritrade survey. Given the current state of the economy, enormous unemployment and lackluster stock market it amazes me to hear that the younger generations are saving at a greater rate than those that presumably have greater disposal income. [...]
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