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Tips For Investing After Retirement

Is It Different This Time?

As stock prices have recently slumped, and are off close to 20% from the recent highs, investors are wondering if we are in for a replay of 2008. The media has provided us with a daily barrage of grim economic news, and the “doom and gloomers” and naysayers have reappeared, with renewed concern about the worldwide health of the banking system. As a result, some are questioning the wisdom of maintaining any equity exposure. In fact, I recently have read an article that recommended an “all bond” portfolio, as a means of dealing with this new environment, despite the fact that interest rates are at a 60 year low. C/D’s and US Treasuries that mature within 5 years, yield 1% or less Over the past 50 years stocks have outperformed all other investments with an average return of over 10%, as against 6% for bonds and 5% for cash. In real terms, an all cash and/or bond portfolio would have barely beaten inflation. (Source): Ibbotson and Associates.

I don’t know what the future for this business cycle looks like, and past performance is no guarantee of future results, but I do know that on many occasions in the past, investors were confronted with “unprecedented” events that tested their willingness to maintain a diversified portfolio and stay with their asset allocation.

Can I say for sure, it is not different this time? No, but there have been many reasons and events to exit the markets in the past, and there will be many more in the future. As a result of not staying with their investment plan, or a lack of one, the average investor has significantly underperformed the markets over time. According to DALBAR, over the 20 year period ending December 31, 2010, the typical investor earned about 3.8% per year, on average, vs. a total return of over 9% for the S&P 500.

We have had 13 ten-year periods since 1871 when the stock market went nowhere. In most of these cases, this stagnation was caused by a major market bust sometime during the period. In every single case, once stocks fell out of favor, they provided exceptionally good returns during the subsequent ten years. It should be noted, however, that past performance is no guarantee of future performance.

In my opinion, this is one of the best times in recent history to be optimistic about owning equities. Those who are listening now to the naysayers and doom-and-gloomers will be sorry they did so over the next several years.


Arthur Cecil Pigou.

Barry Rabinowitz, CFP®, MBA, IAR
10930 NW 10th Ct
Plantation, Fl 33322
September 10, 2011

Build Your Profitable Business – Starting Now

Do you ever feel like it’s an uphill battle to build your business so that it’s profitable?

Well, you’re not alone! Most entrepreneurs begin their business because of their passion. Who knew there was so much to learn about how to make that passion profitable, right? I know that business owners everywhere face this dilemma, especially solo-entrepreneurs and those who are service-based (coaches, consultants, healers, etc.)

So just where do you start if you’re ready to stop struggling and begin creating the profitable business you dream of? Well, I’ve got some ideas for you. (Imagine that!) I’d like to outline a step-by-step process you can follow to create the business success you desire.

5 Steps to Build Your Profitable Business

Step 1: Clarify Your Vision

Why is this so important to creating a profitable business? Well, it may not seem obvious at first, but if you don’t know what your vision is for your business you’ll find yourself floundering when it comes to creating success.

By clarifying your vision you create alignment between your personal values, your ideal life, and your business goals. When you do that, you’ll be running a successful business and creating your dream life. You know, the dream life you got into business for in the first place.

Step 2: Claim Your Tribe

Before you can successfully create offers of any kind for your tribe (your niche, your people, your target market) you absolutely need to know who they are, what their problems are and what they want from you. Let’s face it, you can’t create a successful offer if you don’t know who you’re trying to help and what kind of help they want.

At this point it may be time for you to dig deep – deeper than you’ve already gone – to clearly identify how you can best serve your tribe. The result of doing this is that you’ll be able to tailor your brilliance specifically to meet your tribe’s needs – serving them in powerful and relevant ways.

Step 3: Focus Your Expertise

This is where you identify exactly what you’re passionate about sharing with your tribe. You absolutely need to identify and focus your expertise in order to move forward in your business with confidence. Instead of thinking “well, I should just do this because it worked for so-and-so” you identify and focus in on your own gifts, talents, strengths, and passions. Then both you and your clients will be able to see you as the expert you already are.

When you complete these first three steps you’ll be standing on a solid business foundation. And now building your successful, profitable business becomes a whole lot easier.

Step 4: Design Your Programs

With your strong foundation in place you can begin building desirable programs and offers that meet your potential clients’ needs.

Why is this step so crucial to creating a thriving, profitable business? Because you’ve got to know how to share your brilliance in a way that your clients are interested in – in a way that meets their needs and that they’re willing to invest in. How can they understand the deep value that you provide if they aren’t already familiar with what you do and its benefits? They need a frame of reference. They need context. And that’s what your signature programs do for you – help your clients see what you do and understand what’s in it for them.

When you do that well, the programs you create become your signature. You become known for programs that get results clients care about. You will be able to successfully transform the core of your powerful work into a framework that your potential clients understand, are attracted to, and are ready to sign up for. Your signature programs also help your clients more easily achieve the results they desire because you will have outlined a clear path for them to follow.

Step 5: Market Your Magic

By transforming your natural brilliance into desirable programs, you’ve created a little bit of magic. Magic that is uniquely you and that emphasizes what you offer your clients.

It’s time to identify your best marketing options as well as the systems and technical aspects that need to be in place for a smooth launch of your program. As a result you’ll have a personalized marketing strategy for your program that you can have confidence in and actually follow through on. You’ll be in alignment with your values, your program, your clients, and your business goals.

That’s it. Those are the five core steps for building your profitable business.

Just imagine what becomes possible for you in your business once you’ve walked through all five of these steps, taking time to align with your business vision, speaking clearly to your tribe and their needs, focusing your expertise every step of the way, and organizing your brilliance into programs and offers that meet your clients’ needs. This yields amazing results!

Taking action to implement these five powerful steps will (1) result in the successful transformation of your brilliance into your own, unique signature programs that will (2) greatly enhance the one-on-one client work you’re already doing and (3) take you beyond individual client work so that you can leverage your time and energy.

And then what? Then you are indeed building your profitable (and sustainable!) business. And that means you are creating your dream life.

I know that you’re passionate about what you do and that you want to help even more people with your gifts and expertise.

So begin today.

Create the successful, flourishing business you dream of by applying these powerful steps. And don’t do it alone. You don’t have to!

Give yourself and your business future the support needed to grow and flourish with ease.

Silver Investing And The Coming Gold Frenzy

Long term, both gold and silver will do very well as investments as the imminent disaster in the world economy continues to unfold. The prices of both gold and silver will appreciate faster than inflation eats away at the value of other asset classes; much faster. As the middle classes in the developed nations realize what is happening to their buying power and retirement savings, there will be a mad rush into gold. There will be a buying frenzy; people will be going after gold like passengers on the Titanic went after a seat on a lifeboat. And just as there were not enough lifeboats to go around on the “unsinkable” Titanic, there is not enough gold to go around.

Once the Titanic hit the iceberg, there was no way to save it. In the 2011 budget debate, the United States congress did not resolve to reduce, or even cap, the increase in public debt. The U.S. economy is doomed to sink. And it will take the rest of the world economies down with it.

The United States’ Gross domestic Product (GDP) is 23% of world GDP, even though the population of the U.S. is about 5% of world population. When interest payments on the public debt spiral beyond hope of repayment, U.S. Treasuries will no longer be the safe haven they have been for decades. That is when gold buying will quickly reach frenzy levels, and the price bubble of gold will begin to inflate. It will continue to inflate for years. Don’t believe those who tell you that the price of gold is already in a bubble, or that each new high is the peak, never to again be reached in your lifetime. Consider how long the dotcom bubble lasted, or the real estate bubble.

The big money will react more quickly than the public. And the big money will go for gold, not silver, because at current prices, there is only about $9 trillion of physical gold above ground. There is not near enough to go around-to protect the scores of trillions that will be seeking safe haven from inflation and falling markets. There is only about $40 billion of physical silver though. That is less than ½ of 1% of the value of the gold. And there will not be enough gold to go around. A single $2 billion purchase of silver would send the price of silver through the roof.

Because so many people think of silver as an industrial metal, the price of silver is susceptible to a pullback when it is clear that world economies will drop beyond recession levels and spiral into a deep depression; deeper than the Great Depression of the 1930s. But long term, silver will do better than gold. When the gold buying frenzy sets in many will be priced out of the market, just as they were in the over-heated real estate markets during the early bubble-forming stages. Just as people could not save a down payment fast enough to keep up with the rising price of housing, they will not be able to save fast enough to buy an ounce of gold. Many will opt for silver, a few ounces at a time, before the price goes higher.

When the choice is an ounce of gold for $3,000 or several ounces of silver at $100 to $150 an ounce, the choice will be easy. Then $150—then the silver frenzy begins, and the silver price bubble begins to inflate.

However, silver has many industrial uses for which there is no substitute. When millions of people around the world start hoarding physical silver, the physical shortage will become acute. Industrial users who survive the depression must have silver to manufacture their products. I believe the silver frenzy, on a percent increase, will dwarf the gold buying frenzy that precedes it.