Funeral Insurance

Isn't it a shame we can't all take out funeral insurance on a dead investment? Probably if we could, then there would be far less likelihood of having any investment 'die' on us! I am getting very cynical in my wisdom as I grow older.

But now is not the time to sell your structured settlement policy. I think with Christmas just around the  corner some people are probably thinking of passing it in or at least taking out a cash advance against it. A small cash advance probably wouldn't do too much harm but to take out a large loan against it at this point in time is probably not the brightest idea for you.

Everyone (by that I mean the average Jill and Joe) are struggling this season with a cash flow shortage. Borrowing heavily against a soon-to-mature policy is not a good idea.

The reason I believe this is because the interest rate on borrowings will rise over the next 12 months and if your income is on the decline, you will end up with worse financial problems.

As always, it's your decision whether to sell or hold, and I am simply advising against it. Hopefully, I'm wrong. But what if I'm right?

Are we in for a double-dip Recession?

So many pundits and "xperts" are offering their opinions that I dare to voice mine. Besides, it will probably be just another noise in the cacophony of cyberspace anyway.

I have said now for the past 2 years that the world's financial system was about to come to a grinding halt through greed, mismanagement, overpayment to CEO's, too little care of shareholders, and also too much being paid to shareholders. Why does every CEO feel they have to offer the highest ROI to attract investment capital? Why haven't any of them taken the steady, fair and long term investing strategy to potential investors?

Not enough thoughtfulness in their marketing strategy. They have all been rushing the bank doors like a bull in a china shop. Well, we the people of the world, are the ones you investor financial guru's have hurt so don't ask us to forget your corporate greed in a hurry nor ask us to forgive you for your greed. Unless you are truly sorry, of course, but watch those Pigs! Boy can they sure fly....