Finance & EconomyFinance & Economy
Avoiding an economic crisis in your retirement years is critical to your future and happiness. Education is the key and Brock and Associates is dedicated to teaching its clients the strategies that will help ensure financial securing and peace of mind.
One More Time...Let's Understand This Economy Now
Last post, titled What You Should Know About Today's Economy, I shared an email conversation with my daughter, Andrea (this was originally written in March 2008). In it I referred to some of the problems in today’s economy, and posed the question if we are in 1977 all over again. Every one of you for whom we have prepared a written Retirement, Tax, and Estate Plan during the past four years have read a section discussing our current “socio-economic environment.” Within that section we made some generic observations about interest rates, the deficit, the falling dollar, international trade, each of the investment markets including real estate, and many other topics. But, throughout those four years we have included in every engagement the following observation:
What You Should Know About Today's Economy
The following excerpt is taken from a conversation between Hank Brock, President of Brock and Associates, LLC and his daughter Andrea in February of 2008. It is in question/ answer format, and will be followed in the next posting by an in-depth commentary on current economic conditions, and how to prepare for the future.