Showing posts with label financial planning. Show all posts
Showing posts with label financial planning. Show all posts
Thursday, April 9, 2009
Peak Oil Preparation: "Save $50 a Day, How Three Super Savers Do It," By Kiplinger.com, March 31, 2009
Posted by
Clifford J. Wirth, Ph.D., Professor Emeritus, University of New Hampshire
at
Thursday, April 09, 2009
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financial planning
Wednesday, April 8, 2009
Peak Oil Preparation:"The Wall Street Journal" Gives Advice for the Recession, April 1, 2009
"Five Financial Moves You Should Definitely Make -- and Five You Shouldn't."
Some of the advice is good: "Guard Against Inflation."
But some advice is questionable. Unless you really know where to invest, the stock market is probably not a good idea, as permanent economic depression will undermine stock values. Investing in retirement is always a good idea, but the stock market is not the way to go. Investing in what will benefit you before and after economic and societal collapse is best. Answering that question will take much thought and planning.
Some of the advice is good: "Guard Against Inflation."
But some advice is questionable. Unless you really know where to invest, the stock market is probably not a good idea, as permanent economic depression will undermine stock values. Investing in retirement is always a good idea, but the stock market is not the way to go. Investing in what will benefit you before and after economic and societal collapse is best. Answering that question will take much thought and planning.
Posted by
Clifford J. Wirth, Ph.D., Professor Emeritus, University of New Hampshire
at
Wednesday, April 08, 2009
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comments
Labels:
financial crisis,
financial planning,
stock market
Wednesday, April 1, 2009
Peak Oil Employment: "How to get a job," By Jia Lynn Yang, March 30, 2009 CNNMoney.com Fortune Magazine
"It's brutal out there. But the people getting hired aren't necessarily the most connected - they're the most creative. From food diarists to Twitter stalkers to candidates tapping the "hidden" job market, here's what's working now." (Continued here).
Posted by
Clifford J. Wirth, Ph.D., Professor Emeritus, University of New Hampshire
at
Wednesday, April 01, 2009
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comments
Labels:
employment,
financial planning
Tuesday, March 31, 2009
Peak Oil Employment: "How to Get a Job When No One's Hiring," By Jia Lynn Yang, March 30, 2009 (FortuneonCNNMoney.com)
"David Perry, a longtime headhunter, says you're wasting your time if you're looking for job postings online. And he should know: he's often the guy on the other side helping companies lure new talent. Perry, who's based in Ottawa, says that in the last 22 years he has accomplished 996 searches totaling $172 million in salary. And the bottom line in today's economy, he says, is you have to tap the 'hidden job market'."
(Contined here)
(Contined here)
Posted by
Clifford J. Wirth, Ph.D., Professor Emeritus, University of New Hampshire
at
Tuesday, March 31, 2009
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comments
Labels:
employment,
financial planning
Sunday, March 29, 2009
Peak Oil Financial Planning: Living the Frugal Life
Introducing "Living the Frugal Life" a blog on "How we live well on less. Frugal recipes, practical tips, money confessions, and a dollop of modern homesteading technique," by Kate of Southeastern Pennsylvania.
See Kate's Most Popular Posts and Topical Topics
See Kate's Most Popular Posts and Topical Topics
Posted by
Clifford J. Wirth, Ph.D., Professor Emeritus, University of New Hampshire
at
Sunday, March 29, 2009
1 comments
Labels:
financial planning
Thursday, March 26, 2009
Peak Oil Financial Planning: High Oil Prices and Inflation Loom
"Financier sees oil shock from credit crunch," By Christopher Johnson
Reuters, March 26, 2009
"The global financial crisis and collapse in the oil market have stalled vital investment in oil exploration and production and are likely soon to lead to a sharp spike in prices," says energy investment banker Matthew Simmons. "We are three, six, maybe nine months away from a price shock. We are not talking about three to five years away -- it will be much sooner." (Continued here)
Thus, in addition to the dollar losing value from "printing dollars" to pay for bailouts the dollar will weaken from inflation brought on by high oil prices. This will bring about tighter credit and reduced investment in oil production and ageing/corroding oil production infrastructure.
Soon, governments will have to subsidize oil production and the unemployed, as well as heating oil and natural gas for heating their homes.
Reuters, March 26, 2009
"The global financial crisis and collapse in the oil market have stalled vital investment in oil exploration and production and are likely soon to lead to a sharp spike in prices," says energy investment banker Matthew Simmons. "We are three, six, maybe nine months away from a price shock. We are not talking about three to five years away -- it will be much sooner." (Continued here)
Thus, in addition to the dollar losing value from "printing dollars" to pay for bailouts the dollar will weaken from inflation brought on by high oil prices. This will bring about tighter credit and reduced investment in oil production and ageing/corroding oil production infrastructure.
Soon, governments will have to subsidize oil production and the unemployed, as well as heating oil and natural gas for heating their homes.
Posted by
Clifford J. Wirth, Ph.D., Professor Emeritus, University of New Hampshire
at
Thursday, March 26, 2009
0
comments
Labels:
financial planning,
inflation,
infrastructure
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