Monthly Archives: October 2006

As one approaches retirement, investment goals often shift from growth to income and capital preservation. There are two reasons for this change. The first is that investment income is needed to make up for lost salary. The second is that … Continue reading →

Many of the economic worries that caused the financial markets to drop during the second quarter abated over the last three months. Energy prices decreased significantly with oil declining by roughly 25% from its peak in mid-July. Gasoline prices also … Continue reading →

An article in the New York Times a couple of weeks ago gave us a jolt: The International Swaps and Derivatives Association, a trade group, reported this week that the outstanding nominal value of swaps and derivatives at the end … Continue reading →