News and Notes Archive January 2009

Back Up Your Computer!

Okay, I know we're here mainly to talk about financial issues, but due to a recent event, I'm reminded -- and feel a need to remind everyone I know -- of the importance of good backups.

There is a financial component -- one of the things that comes up frequently when talking to folks about their finances is records and record-keeping.  While the topic of what to keep and for how long will be addressed another time, the point here is that nowadays, many of us keep more and more records on our…

Corporate Bond Defaults

With all the shenanigans going on with corporate balance sheets and companies going under, how risky are bonds?

Without going into a long-winded explanation of the bond market, different kinds of bonds and such, here are a few things to note about corporate bonds.

First off, the corporate bond market is divided into both "investment-grade" and "non-investment-grade (junk)" bonds.  The former are the bonds issued by companies which are judged by the rating agencies as less likely to default. …

Avoiding conflicts of interest - good article in Forbes

Unfortunately, the financial industry is rife with conflicts of interest.  Try though we might, we cannot eliminate them all completely.  We plan in the near future on addressing some of the various forms this take in the financial advisory business and other places, however in the meantime, the following brief article from the Jan 12, 2009 issue of Forbes Magazine is quite interesting:

 Financial Advice Without Spin

When the Treasury needed advice on dishing out $700 billion, it picked a…

Meyers Wealth Management • Integrity and Uncommon Sense           
 550 Hale St • Palo Alto, California 94301 • MeyersMoney.com • 1-800-993-2994
About Us • Advertisements • FAQ • Contact Us • Disclosure • Privacy • Copyright 2011 by David S. Meyers, CFP®