sacredhands on Feb 11th, 2008401(K) Nest Eggs Robbed At Fee Point By Greedy Mutual Funds
There was a time when people stuffed cash under their mattress, fearful that putting the money in the bank was a sure guaranty of losing it all. Some today would call that fear irrational, but after reading about a rogue banker who lost $7 billion and nobody at the bank knew it (supposedly), maybe the [...]
sacredhands on Jan 20th, 2008Work Versus Retirement What Will You Miss After the Transition
When your purpose in life is almost 100 percent derived from your work, then what happens after you retire? Where does your ego go for satisfaction when the daily rituals of work disappear? Will all that “free time” truly provide you with a sense of identity that equals the stroking your job nurtured through your [...]
sacredhands on Dec 27th, 2007Paris Hilton Checked Off Grandpa Barron Hilton’s Inheritance List
Imagine being the grandfather of Paris Hilton and watching her daily antics play out around the world. Would it bring a smile to your face or make you want to hide in a hotel closet? The answer, my friends, is blowing in the cash: Barron Hilton just announced he’s leaving 97% of his $2.3 billion [...]
sacredhands on Nov 23rd, 2007Spinster Bonds With Grandparent Vibe In Italian Hometown
For those women who have never heard of the word narcissism before, please, enjoy this article about yet another ambitious feminist who can’t seem to sustain a personal relationship but can sure find time to bond with the abstract love shared by her grandparents. It’s a touching tale of self-indulgence that makes every effort to [...]
sacredhands on Nov 22nd, 2007Tumbleweed Tiny Houses Make Affordable Housing A Backyard Retirement Option
Old age brings a rash of problems that have nothing to do with your life but somehow become the focal point of your daily existence. Who knew pill popping at $5 a pill times four or five would produce such a strain on your meager purse. When your children come to visit why is it [...]
sacredhands on Nov 8th, 2007Did Your Pension Fund Buy Sub-Prime Investment Vehicles?
Newsflash: “Analysts said the alarming write-downs at a handful of Wall Street firms could pale in comparison to the possible damage from shaky paper striking at the heart of assets held by insurance giants, mutual funds and big pension funds.”
If you thought only guys like casino owner Steve Wynn were allowed to gamble away fortunes [...]
sacredhands on Nov 6th, 2007Medical Costs Increase Slower For Seniors Than Those Younger
It sounds good, doesn’t: the medical costs for seniors is increasing at a slower rate than for those poor suckers who are under 65. Gee, why is that? Our guess: The Bush administration has allowed the health care and insurance industry to shift the cost burden onto working stiffs who have no clue of how [...]
sacredhands on Oct 1st, 2007WHO Age-Friendly Cities Report Advantages and Barriers in Delhi India
There’s been a lot of talk lately about how Baby Boomers are migrating to big cities for retirement. The idea is simple: buy a condo, walk everywhere, and live in close proximity to culture. HelpAge India conducted a survey to find out just how welcoming Delhi India was to seniors. The results: not good. “The [...]