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Ocean Piracy: Fill Your Trading Account With Booty From The “Pirate Portfolio”
The saga on the high seas continues…
As much of the world continues to monitor the story of the American cargo ship captured by Somali pirates and holding its captain hostage, the increase in piracy has sparked a fascinating conversation.
It involves the use of innovative products that enable shippers to defend themselves from pirate attacks.
While it may not seem like a lucrative business, the uptick in high seas shenanagins over the past year or so threatens to become more prevalent if it’s not addressed. And with millions of dollars worth of cargo traveling by sea every day, both the shipping industry…
10Apr2009 | Smart Profits Report | 0 comments | ContinuedFour Ways to Protect Your Retirement From the Ongoing Financial Crisis
In the depths of a bear market that has carved between $500 billion and $2 trillion from U.S. retirement accounts so far this year, as many as two-thirds of all Americans have stopped contributing to their retirement plans, a new study shows.
And that’s precisely the wrong decision to make at the wrong time. No matter how poorly the financial markets are performing, saving for retirement has to remain a top priority.
“It’s not a time for people to stop contributing,” Diane Young, director of retirement and goal planning at TD Ameritrade Holding Corp. (AMTD), the Omaha, Neb.-based brokerage firm that conducted…
29Oct2008 | Money Morning | 1 comment | Continued
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