Saturday, November 29, 2008

AARP

AARP Finance - Well Black Friday seemed to start of the sales season with a bang, however many people including AARP members were sticking to using lists of items they were searching for rather than impulse buying.

The stock markets around the world are on an upward trend and its a question on how long the trend will continue.

Many AARP member have seen 35% falls in the value of their 401(k) plans but it will be some time before these losses are made up. If your plans are showing heavier losses than this then you need to consider alternative investment strategies to bring in more money.

During times of recession many AARP members look for alternative ways to bring in more money, such as starting a home business or taking on part time jobs, however with increasing job loses the home business idea has a better chance of success.

David Ogden - Tomorrows Home Business
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Friday, November 28, 2008

AARP


AARP Finance - Black Friday might offer the biggest savings yet as retailers slash prices to capture sales at any price, however this could be their downfall. In the UK two popular retailers Woolworth and MFI are in trouble.

There is better news for AARP members as banks around the world are beginning to show signs of recovery after receiving government aid packages and becoming partly nationalised.

Stock markets are closed in the USA as AARP members celebrate Thanksgiving but around the world stocks are holding firm/

David Ogden http://igetgoingtoday.vom/
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Wednesday, November 26, 2008

AARP Finance


AARP Finance - A recent AARP article suggested that prudent investors should have around 6 months worth of living expenses in cash or short term savings in order to cover unforeseen event, which seems a good idea. Depending on your income this could be a sizable amount, so you need to take care that at least two thirds of your assets are earning money for growth.

At the moment AARP members have a difficult choice to make as interest rates are low and many are wary of purchasing stock. so what alternatives are there. Some ARRP members are taking the future into their own hands and building income by starting a home business, this can however prove to be expensive, when one looks at advertising costs and the like and also they need to sell products or services which people can still afford.

One of the major concerns of AARP members is health and this industry continues to grow - Walgreen (NYSE: WAG) reported a 2% increase in same store sales for October in its 7000 plus stores. Walgreen is ranked third of the big three pharmacy chains. During the September/October period, Walgreen stock plummeted more than $10/ share, but has been relatively even-keeled since then, mostly trading in the $22-$25/ share range. Walgreen offers a dividend yield of 1.9% at its current price.

David Ogden - Tomorrows Home Business
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Monday, November 24, 2008

AARP


AARP Finance - Will Thanksgiving mark the turning point of the market.

Traditional stocks and share have always risen either during the week either side of Thanksgiving day, the question of AARP members lips is will this mark the start of a revival.

Citibank group is struggling to survive and may be up for sale. The automobile industry is struggling even with the price of oil falling and many jobs in associated businesses continue to be at risk.

AARP members need to take stock of the situation and those that have savings are seeing lower returns due to the fall in interest rates which are now hardly matching inflation. It is better at the moment to use some savings to pay off credit and loan account which have high rates of interest rather than keep the money in the bank.

Fannie May and Freddie Mac have both announced an armistice on foreclosures during the holiday period until January. "With this suspension, seriously delinquent borrowers may have an opportunity to avoid foreclosure and work out terms to stay in their homes," said Federal Housing Finance Agency director James B. Lockhart III, the regulator in charge of Fannie Mae and Freddie Mac. This will provide a little bit of cheer for a few AARP members.

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Sunday, November 23, 2008

AARP

AARP Finance - "There are Americans showing up to work in the morning, only to have cleared out their desks by the afternoon. Retirees are watching their life savings disappear, and students are seeing their college dreams deferred. These Americans need help, and they need it now." President-elect Barack Obama said Saturday offered an outline of his economic recovery plan and jobs were the top priority.

The question on many AARP members is will it be too little too late. details of the plan are nor know but will include rebuilding infrastructure such as roads and bridges and building alternative energy resources for when oil prices rise again.

Like the financial market it will take time for the results to filter into the economy and in the meantime GM will probably go bankrupt at the the end of the year. Supporting British Leyland during the last financial crisis cost the UK taxpayers $900 million and still the company failed. so perhaps the big three in in the USA should be left to their own devices. One has to wait an see how this issue will affect AARP members.

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Friday, November 21, 2008

AARP

AARP Finance - There is some slightly good news on the horizon as stock markets in Asia rise but it is a question if USA will once again bounce back.

The Rescue package for the automobile industry is on hold until early next year. Many AARP members are questioning the need to support private businesses that have been mismanaged. yes jobs will be lost, but why should inefficient businesses be allowed to continue at a cost to the tax payer.

A country can only do so much to support its industry unless you follow the communist model of controlling a country, and look how that fared. The USA is the land of the free so it is up to every person to make the best of it. Rather than become a nation living on handouts. There is a need to resolve one own problems.

There are still opportunities to earn money by working for ones self, take a leaf out of what wealthy people do, buy into an existing successful business and work at building a steady income stream for the future.

Avoid at all cost get rich quick scams and settle on building a business for the long term.

David Ogden - Tomorrows Home Business
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David Ogden
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