We talk a lot about what people should do with their investments in this deep recession. 401Ks and savings have fallen by a third to a half for most people. Most counseling centers around traditional strategies of wait-and-hold to see that when the market goes up again, will recover the lost value of the portfolio. Sell now and stop the losses, according to conventional wisdom. This is dangerous adviceBaby Boomers!

First, there is no guarantee that the stock market is to be healthy in the near future. You have to take commentators and government officials on a fund this fall followed by a gradual recovery is. This is pure speculation and perhaps wishful thinking. There are reports that emerging markets losses on FHA loans are now more than subprime failures – another wave of foreclosures is in the distance. And no one is talking aboutPotential for massive personal bankruptcies from credit cards in the next year. What do you think out-of-work people have to live?

Baby boomers do not have time for a break, waiting to happen, probably for many years. And even then do not expect the market to climb to higher levels seen in the past. If you sit there and fade passively watch your savings account each month, you can further fifty per cent or so before the lossAt the bottom is reached.

All the articles I've read and seen to avoid comments that the baby-boom generation. The sad fact is that there are written off to be quiet. Our home equity is gone or greatly diminished. Our savings will be devoured. The prospects are not good, and the only advice we receive from the financial community is to be prepared, more … Way of working longer.

Do not expect your company – T. Rowe Price, Bank of America,chi – to let you know a recommended strategy for the Baby Boomers. They are the last thing on their minds at this moment, somewhere in their mission to rescue the next or executive retreat.

Get Mad! If you have any savings, take immediate action. Check your portfolio, even using the tools provided by your company or independent sites such as SmartMoney.com. If you own stocks or mutual funds that performed poorly last year and continue to loseValue per month for sale! If your portfolio includes securities from commercial financial institutions to sell! GET OUT NOW! Remember what happened to WaMu investors and other recent examples. Accident, what you can and re-align your savings in safe bonds, CDs or money market funds.

You must set your homework on your own or someone who understands the dilemma experienced baby-boomers face. Those of us in our laterfifties and sixties did not recover lost profits over the years. Most of the savings we have accumulated over three decades or so far … Phew, evaporated. And most of what remains is your situation is gone when you take personal control over. There is almost no chance to get back what was lost, but you can lose a thing left to do.

We talk a lot about what people should do with their investments in this deep recession. 401Ks and savings have fallen by a third to a half for most people. Most counseling centers around traditional strategies of wait-and-hold to see that when the market goes up again, will recover the lost value of the portfolio. Sell now and stop the losses, according to conventional wisdom. This is dangerous adviceBaby Boomers!

First, there is no guarantee that the stock market is to be healthy in the near future. You have to take commentators and government officials on a fund this fall followed by a gradual recovery is. This is pure speculation and perhaps wishful thinking. There are reports that emerging markets losses on FHA loans are now more than subprime failures – another wave of foreclosures is in the distance. And no one is talking aboutPotential for massive personal bankruptcies from credit cards in the next year. What do you think out-of-work people have to live?

Baby boomers do not have time for a break, waiting to happen, probably for many years. And even then do not expect the market to climb to higher levels seen in the past. If you sit there and fade passively watch your savings account each month, you can further fifty per cent or so before the lossAt the bottom is reached.

All the articles I've read and seen to avoid comments that the baby-boom generation. The sad fact is that there are written off to be quiet. Our home equity is gone or greatly diminished. Our savings will be devoured. The prospects are not good, and the only advice we receive from the financial community is to be prepared, more … Way of working longer.

Do not expect your company – T. Rowe Price, Bank of America,chi – to let you know a recommended strategy for the Baby Boomers. They are the last thing on their minds at this moment, somewhere in their mission to rescue the next or executive retreat.

Get Mad! If you have any savings, take immediate action. Check your portfolio, even using the tools provided by your company or independent sites such as SmartMoney.com. If you own stocks or mutual funds that performed poorly last year and continue to loseValue per month for sale! If your portfolio includes securities from commercial financial institutions to sell! GET OUT NOW! Remember what happened to WaMu investors and other recent examples. Accident, what you can and re-align your savings in safe bonds, CDs or money market funds.

You must set your homework on your own or someone who understands the dilemma experienced baby-boomers face. Those of us in our laterfifties and sixties did not recover lost profits over the years. Most of the savings we have accumulated over three decades or so far … Phew, evaporated. And most of what remains is your situation is gone when you take personal control over. There is almost no chance to get back what was lost, but you can lose a thing left to do.

We talk a lot about what people should do with their investments in this deep recession. 401Ks and savings have fallen by a third to a half for most people. Most counseling centers around traditional strategies of wait-and-hold to see that when the market goes up again, will recover the lost value of the portfolio. Sell now and stop the losses, according to conventional wisdom. This is dangerous adviceBaby Boomers!

First, there is no guarantee that the stock market is to be healthy in the near future. You have to take commentators and government officials on a fund this fall followed by a gradual recovery is. This is pure speculation and perhaps wishful thinking. There are reports that emerging markets losses on FHA loans are now more than subprime failures – another wave of foreclosures is in the distance. And no one is talking aboutPotential for massive personal bankruptcies from credit cards in the next year. What do you think out-of-work people have to live?

Baby boomers do not have time for a break, waiting to happen, probably for many years. And even then do not expect the market to climb to higher levels seen in the past. If you sit there and fade passively watch your savings account each month, you can further fifty per cent or so before the lossAt the bottom is reached.

All the articles I've read and seen to avoid comments that the baby-boom generation. The sad fact is that there are written off to be quiet. Our home equity is gone or greatly diminished. Our savings will be devoured. The prospects are not good, and the only advice we receive from the financial community is to be prepared, more … Way of working longer.

Do not expect your company – T. Rowe Price, Bank of America,chi – to let you know a recommended strategy for the Baby Boomers. They are the last thing on their minds at this moment, somewhere in their mission to rescue the next or executive retreat.

Get Mad! If you have any savings, take immediate action. Check your portfolio, even using the tools provided by your company or independent sites such as SmartMoney.com. If you own stocks or mutual funds that performed poorly last year and continue to loseValue per month for sale! If your portfolio includes securities from commercial financial institutions to sell! GET OUT NOW! Remember what happened to WaMu investors and other recent examples. Accident, what you can and re-align your savings in safe bonds, CDs or money market funds.

You must set your homework on your own or someone who understands the dilemma experienced baby-boomers face. Those of us in our laterfifties and sixties did not recover lost profits over the years. Most of the savings we have accumulated over three decades or so far … Phew, evaporated. And most of what remains is your situation is gone when you take personal control over. There is almost no chance to get back what was lost, but you can lose a thing left to do.

Wamu Personal Loan

First, there is no guarantee that the stock market is going to get well in the near future.  You’ve heard commentators and government officials taking about a bottoming out this Fall, followed by a gradual recovery.  This is pure speculation and perhaps wishful thinking.  There are reports emerging that FHA loan defaults are now exceeding subprime defaults – another wave of foreclosures is on the horizon.  And no one is talking about the potential for massive personal bankruptcies from credit card defaults over the coming year.  What do you think out-of-work people have been living on?!

Baby Boomers don’t have time to wait for a recovery that will likely take years to happen.  And even then, don’t expect the market to rise to the lofty levels seen in the past.  If you sit there and passively watch your savings dwindle with each monthly statement, you may lose another fifty percent or so before the bottom is reached.

All the articles I’ve read and commentaries I’ve watched avoid the mentioning the Baby Boomer generation.  The sad fact is that we are quietly being written off.  Our home equity is gone or greatly diminished.  Our savings are being savaged.  The outlook is not good, and the only advice we are receiving from the financial community is to be prepared to work longer…way longer.

Don’t expect your investment firm – T. Rowe Price, BofA, whomever – to notify you with a recommended strategy for Baby Boomers.  You are the last thing on their minds right now, somewhere way below their next bailout or executive retreat. 

GET MAD!  if you still have some savings, take immediate action.  Review your portfolio yourself using tools provided by your investment firm or independent sites like SmartMoney.com.  If you own stocks or mutual funds that performed badly over the past year and continue to lose value every month, SELL THEM!  If your portfolio contains stocks from commercial financial institutions, SELL THEM!  GET OUT NOW!  Remember what happened to WaMu investors and all the other recent examples.  Salvage what you can and re-align your savings into safer bonds, CDs or Money Market funds.

You must do the homework yourself or employ someone knowledgeable who understands the dilemma Baby Boomers face.  Those of us in our late fifties and sixties don’t have the years to recoup lost earnings.  Much of the savings we accumulated over thirty years or so is gone…poof, evaporated.  And most of what is left will be gone too unless you take personal control over your situation.  There is little chance of getting back what has been lost, but you can do something to prevent losing what is left.