The bad news is the economy will probably get lots worse before it mends. We are in the worst financial panic since the Depression; stocks have gone down almost as much they did in the Depression’s worst year.   
The good news is that most of the pain for investors should be over. We are probably very close to the bottom, and things should shoot up nicely from near here, years before the economy heals, as they did in the 30s and 70s.You’ve paid the price for great reward; don’t give up now!  Investors who managed to hang on after the losses of 1931 – the Depression’s worst year for stocks – saw their portfolios triple in value within five years. Those who cashed out got trampled.
The life insurance industry continues to crumble, with new warnings on Lincoln, Genworth, Transamerica, Hartford, and Prudential. We have a new tool that can help estimate how long your money will last, even if the plunge continues. TaxWatch^™ trades are nearly done, completing the tax-saving strategy started last summer. We are about to release several new portfolio products, including a CD fund. WORTH magazine named me one of its “Top 250” advisors, an honor, indeed.
If you’re not getting my weekly Chairman’s Communiqué, you’re missing a lot; we need your email address. Send it to Deborah at deborah.mask@camarda.com.
Happy Thanksgiving!