QUESTION OF THE WEEK: My wife and I are just starting to invest for our retirement. This week was filled with so much bad news, we wanted to ask if you think we should keep investing for the next few months. Do we need to wait until things are better before investing any more money [...]
How do we get the national debt under control?
THIS WEEK’S QUESTION: “My wife and I are worried about our country’s out-of-control debt and struggling economy. It’s scary to think about the America that we’re passing on to our kids and grandkids. Has anyone proposed a decent plan to get our country’s debt under control?” OUR ANSWER: Yes, but I don’t think very many [...]
Why did the Dow drop 512 points? S&P downgrades U.S. debt?
THIS WEEK’S QUESTION: ” Why did the DOW drop 512 points this week? I thought we resolved the debt crisis. What’s going on?” OUR ANSWER: It’s hard to say unequivocally. Even the smartest analysts don’t agree on the same catalysts and tipping points. But this past week’s events were largely affected by Spain and Italy’s [...]
Production/Collections Trends in 2010
Many of you have been asking about how unemployment may affect your production/collection trends throughout 2010. Unemployment rates trend upwards, even after a recession is over. That’s because employers don’t usually start laying people off until well into a recession. If their businesses are struggling, they’ll first look at improving their marketing campaigns, sales, etc. [...]
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