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Eric Tyson, best-selling author of Personal Finance for Dummies and Investing for Dummies, economist and advisor, analyzes financial news and provides financial planning insights. Eric Tyson's got your back and is looking out for you!

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Using the News

Is now the time to trim stock holdings before stocks fall further?
Implications for the real unemployment rate and future economic growth 
Media folks love to interview financial "experts" for their year ahead predictions. Fortune's piece highlights pitfalls and opportunities to learn from (and ignore) supposed gurus.
Some media and many market timing advocates say yes but they fail to understand a simple stock market investment concept
Quantity and quality matter - how one large newspaper's editorial page is leading investors astray.

Worth Reading/Watching

Which country's debt is really at risk?
Political rhetoric translates into dumb economics
Getting value for your health care spending
Global companies (and their employees) vote with their feet when facing higher taxes
Is it time to pull out of stocks like the time period surrounding the 9-11 terrorist attacks?

The Straight Scoop

Q: I am 60, will receive a state pension when I retire that covers all my basic expenses...my portfolio is 50% bonds and 50% stocks. Because of my pension, does the regular 50-50 wisdom apply to me, or should I have less than 50% in bonds/fixed income?
Learn from the mistakes of those who retired before you
Living On the House: Reverse Mortgages
An examination of how key members of Congress invest their own money and whether they have a stake in the success of the American economy
Q: As I approach retirement...I would expect to put more of my investments in bonds and fewer in stocks. But I also hear warnings about the impending rise in interest rates...

 

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Preferred Portfolios

Gold advocates rarely disclose this shortcoming
Most investors haven't a clue but this little known index provides insight
Bond fund added from proceeds of a stock fund sale
It's been a long debated issue...which is better and when?
It's flashing a buy signal in a neglected overseas market

Book Summaries

Kal Chany's book, Paying for College Without Going Broke, could easily save you thousands if not tens of thousands of dollars.
A good credit score saves you big bucks when borrowing and getting insurance (and can help in other ways too)
The problem is in identifying and separating the best from the rest and publishers make that job difficult for lay people
An easy call to make but Jim Cramer said the opposite 
Inside perspectives from my work as a personal financial counselor as summarized in my best-selling book Personal Finance for Dummies

Guru Watch

Charles Biderman says his firms' following of money flows enables you to predict future stock and bond market movements
The popular commentator, who has been warning of economic Armageddon, is in bed with a major gold coin seller
An update on the myriad predictions of the economics professor who has enjoyed more than his 15 minutes of fame for supposedly predicting last year's financial problems...
Prognosticators in sports' field often as off base as in financial world
Why aren't more media outlets requiring their writers to stay away from product endorsements and other fee arrangements with financial service companies?

 

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