Monday, August 31, 2009

Hey SEC- Check this out!

Our friends at the SEC and FINRA really need to see what others are saying...

Check this out...

Barry Bulakites

Sunday, August 30, 2009

The Mistakes We Make and Why We Make Them Part 1

How investors think often gets in the way of their investment success. While many investors vow time and agin not to make the same mistakes with investing again, most of us are unaware of how the mistake was even made in the first place. Only understanding the reasons why we make mistakes that in hindsight seem so avoidable will help us avoid the mistakes again in the future.

Behavioral finace is the study of why smart people do the stupid things they do when it comes to investing money. The empotions that overwhelm us when dealing with money often leads to trurning smart people into stupid investors.

For example we will focus on the winning stocks and ingore losers when deciding if we are good investors. A typical investor will extoll the virtures of the stock they bought that is up 20% and ignore the other 5 losers they bought.

Barry Bulakites
America's IRA Experts
America’s # 1 Provider of Retirement Distribution Strategies

The 2nd Half of The Recession

Is it a "V" recovery or is it the dreaded "W"?

While the recovery seems underway many believe that this is just the beginning of a really bad time for the economy. With new home sales increasing 7.7% last month and the stock market up the lure to get back into the market for the average american investor is clear. But is it wise?

We believe that the 2nd half of the recession looms and that the wise investor will put themselves in position to win either way the economy goes. Retirement planning today is complicated but one thing is clear and undeniable which is that not losing money is critical.

The fundamental problems with the economy are not being solved by Washington. Therefore it is paramount that people protect themselves from the next drop in the market.

Barry Bulakites
America's IRA Experts
America’s # 1 Provider of Retirement Distribution Strategies

Saturday, August 29, 2009

Goodbye Ted

Ted Kennedy was laid to rest today besides his brothers bringing an end to a era. Like many great men he was personally flawed. But he served his country well and never gave up, never gave in, and never stopped fighting.