market mayhem

Market mayhem

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If everybody is thinking alike, then somebody isn’t thinking.” Gen. George S. Patton

The market mayhem continues pretty much unabated since the beginning of the year. Today the Dow is down significantly – over 2%. So, what may be driving this, and will it continue?

One obvious answer to what is driving this, China. How China accumulated $28 trillion in debt in such a short time Government intervention is the only thing keeping China’s stock market afloat

Then there is the market at home, is there simply a problem with fundamentals? A Year of Living Technically: Charting the Markets of 2015 (I urge you to look at the first chart, at least) Ralph Acampora: “We’re falling apart here and no one seems that worried.” US stocks suffer their worst first week since records began

Now that your head is spinning from the current state of markets, let’s focus back on the long term, your retirement:
I will start, as always, with fees. The Huge 401(k) Hit You Can Avoid Do you know where your 401(k) fees are hiding? Of course, it can’t always be that simple. New 401(k) suit targets Vanguard fund fees

How about some simple advice? You may not agree, or may not follow these, but they tend to be pretty sound. Everything You Need to Know About Money on One Index Card Warren Buffett’s 15-Minute Retirement Plan 7 Personal Finance Lessons from Bruce Lee

Another great idea on retirement, know your way around the retirement playing field. Newly improved retirement tax rules Understanding the retiree benefits of HSAs

A couple of iPhone tips for the weekend:
Everyone with an iPhone will like this trick. How to Force-Refresh the iOS App Store on iPhone or iPad This hidden iPhone trick does wonders to speed up your phone

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