Investors do better withOUT 'professionals'

Young investors are better off WITHOUT paying “professionals”
Gen X affluent investors witnessed their investable assets grow by roughly 11% on average in 2010. Self-directed affluent Gen X (ages of 29 and 44) investors – those who do not trust any portion of their investable assets to a financial advisor – experienced 28% asset growth in 2010, while their peers who turned to a financial advisor for guidance reported that their investable assets climbed a mere 3% on average during that same time period, according to CogentResearch. A co-author of the study added, “advisors are taking a big risk of alienating a generation of investors that are already inclined to go it alone.” Investors are finding out they don’t need an advisor. Members use our Guide: Wealth Without Wall Street http://www.amazon.com/Wealth-Without-Wall-Street-Commissions/dp/1442168137

Health insurance policies with price comparisons make shopping easier
A greatly expanded website to shop for coverage is result of ObamaCare. Even small business owners can see detailed review of their health insurance plan choices. You can search for the type of plan, costs and benefits that fits your budget. Small business comparisons join the options for individuals and families by ZIP code. http://finder.healthcare.gov/

Economists now fear US inequality may threaten growth
New critics of the gap between rich and poor cite lack of income for middle class as reason for lack of growth in economy. “The guys who are falling behind don’t see much hope of getting ahead and therefore are more focused on redistribution,” says an IMF economist. Ultimately, unbridled inequality threatens social stability as rich and poor nurse their mirror-image resentments.
This socioeconomic time is getting to look more like the Roman Empire at the end. Rich got richer, poor got poorer. Coliseum entertainment got more bizarre to keep crowds happy. Wars in far off countries meant little to society.
http://www.businessweek.com/magazine/how-inequality-hurts-the-economy-11162011.html

“Deficits don’t matter.” Dick Cheney, v President of the United States, 2002

Banks now find criminals by tracking our transactions for patterns
Using software from the military and intelligence fields, banks are going high tech to track down the criminals who want to crack the safety of our accounts.
http://www.businessweek.com/magazine/palantir-the-vanguard-of-cyberterror-security-11222011.html?campaign_id=rss_topStories

First law of physics was broken—could Einstein be wrong?
Scientists reported that they had clocked subatomic particles known as neutrinos going faster than the speed of light, to the astonishment and vocal disbelief of most of the world’s physicists. The same group of scientists, known as Opera, said on Friday that it had performed a second experiment that confirmed its first results and eliminated a leading criticism of the first experiment.
Einstein himself — the author of modern physics, whose theory of relativity established the speed of light as the ultimate limit — said that if you could send a message faster than light, “You could send a telegram to the past.”
“If it is true, then we truly haven’t understood anything about anything,” one observer said, adding: “It looks too big to be true. The correct attitude is to ask oneself what went wrong.”
“It could be the first hint that neutrinos can take a shortcut through space, through extra dimensions.”
Italian scientists at the receiving end of the experiment said they don’t agree. More tests to follow.

SCAMS
Two Americas
The top 0.1%– about 315,000 individuals out of 315 million– are making about half of all capital gains on the sale of shares or property after 1 year; and these capital gains make up 60% of the income made by the Forbes 400. http://www.forbes.com/sites/robertlenzner/2011/11/20/the-top-0-1-of-the-nation-earn-half-of-all-capital-gains/?partner=yahootix

"We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can’t have both.” Justice Louis Brandeis

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