Missed Fortune Super Blog

A Savings Vehicle That Makes All the Difference

Missed Fortune – Government Spending & 2 Highly Predictable Facts

If the average American has more expenses than income, what are their choices? They can 1) cut expenses, 2) increase income, or 3) both. Unfortunately, Congress doesn’t operate under the same rules. For them the answer is to raise taxes and print more money, which causes inflation. This means two things for you: Your money […]

Missed Fortune – Is Anyone Minding the Store at the Federal Reserve?

Is anyone minding the store at the Federal Reserve? On May 8, 2009, Rep. Alan Grayson asked the Federal Reserve Inspector General about the trillions of dollars lent or spent by the Federal Reserve and where it went and the trillions of off balance sheet obligations. Inspector General Elizabeth Coleman responded that the IG does […]

Missed Fortune – Some People Did Not Suffer Any Losses the Last 2 Years! Why?

Last week, I published an article explaining why IRAs and 401(k)s are proving not to be best for a secure retirement, with many people seeing up to 50 percent in losses on their accounts the last few years. Recovering from losses can be tough when money is left in the market. Realize that when an […]

Missed Fortune – Hard Questions & Solid Answers

Hard Questions and Solid Answers 1) How do you deal with consumer and credit card debt when you are behind? 2) How do you handle creditors? 3) How do you determine between wants and needs? 4) Should I still be charitable during these economic times? 5) When is filing bankruptcy o.k.? 6) At what point […]

Missed Fortune – “So, Just How Safe is Life Insurance?”

With investing being more uncertain today because of banks closing, businesses shutting their doors forever, and despicable investors like Bernie Madoff no wonder one of the most asked questions we get is, “How safe is life insurance?” Even insurance giant AIG has given the insurance industry a black eye.¬†Insurance is the backbone of our financial […]

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