Stormy Weather -

Earl E. Bird here with your investment forecast. It looks like its going to be a stormy one!

But is this really any way to invest?  How can I build a nest egg in this chaotic and stormy climate?

Treasuries are downgraded by S&P so they should depreciate causing yields to go up right? Wrong. Treasuries appreciate in value to all-time highs causing interest rates to plunge.

Look at Europe. Did you know that the euro is worth approximately 40 percent more today versus the dollar 10-years ago? There are rumors that the euro’s future is doomed. Then why has the euro appreciated?

Did you hear how last month Wall Street firms laid a high speed cable from London to New York so trades can be executed six milliseconds faster than before?  Cost of cable = $300 million.  C’mon my fellow nest egg builders, is this necessary for investing?  No, because this isn’t investing, it’s high-frequency trading!

Are these firms working on your behalf or do they simply want a better price than what’s offered to the American public?  I think you know the answer.  As this wind and rain picks up and the investment storm cloud widens, technology is being used against us!

Since 2000, the markets have returned less than zero and are now built against the American saver.  You need guarantees with little risk so look to buy a fixed annuity with a portion of your nest egg.

Pay It Forward:
Trading in your personal account is wrought with danger.  I’d rather walk thru a minefield blindfolded.  The Wall Street machine will destroy the average trader in the end. Advise the youth to invest, not trade.

Earl E Bird

I'm Earl E. Bird and I am very concerned about saving for my senior years. I am amazed at the stumbling blocks that exist when saving for retirement. That's why I take my time when making decisions on building my nest egg.

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