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Dear Friends,
Seems an elderly gentleman had serious hearing problems for a number of years. He went to the doctor and the doctor was able to have him fitted for a set of hearing aids that allowed the gentleman to hear 100%. The elderly gentleman went back in a month to the doctor and the doctor said, “Your hearing is perfect. Your family must be really pleased that you can hear again.” To which the gentleman said, “Oh, I haven’t told my family yet. I just sit around and listen to the conversations. I’ve changed my will three times!” ![]() Secular Bear Market.....what you don't know will hurt you
We didn’t hear much about it during the optimism of the 2003-2007 bull market, nor since the current cyclical bull market began a year ago. But it is pretty much agreed that when the market topped out in March 2000 it was the end of the long 1982-2000 secular bull market, and beginning of a 2000 to who knows when Secular Bear Market. Read the article »
THREE WAVES OF NEW TAXES
In just six months, the largest tax hikes in the history of America will take effect. They will hit families and small businesses in three great waves on January 1, 2011: First Wave: In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families. These will all expire on January 1, 2011: Personal income tax rates will rise. Read the article »
How Safe are Your Bonds ??
Good news for the economy could be very bad news for bond investors this year. It may come as a shock to the unprecedented number of retail investors who, fleeing the stock market and seeking stability, have poured their savings into fixed income over the past year, but rising interest rates can hurt the value of bond investments. Read the article »
Reverse Mortgage
George and Rita have a problem. He's in his 80s, she's in her 70s, and they're running out of retirement savings. As their savings have dwindled and the cost of living has risen, they're finding their investment income and Social Security benefits no longer cover their monthly costs. Read the article »
Remember Grandma's Apron ?
REMEMBER making an apron in Home Economics? I don't think our kids today know what an apron is. A little history of the all important 'APRON'
Read the article »
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REAP Financial Group, LLC
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