StopAlerts.com is a service of QVM Group LLC. QVM is a registered investment advisor. Richard Shaw is the principal owner of QVM and is the customary author of articles for StopAlerts, and also writes separately as Richard Shaw for QVM on general matters relating to investments.
I am a wealth preservation attorney, a CFP(r) professional and an Accredited Wealth Management Advisor (sm). I am also the managing member of InvestSense, LLC, an investment education firm. I previously served as a compliance director for several broker-dealers and as director of financial planning quality of advice for a large international insurance company.
I have two blogs, one for public investors, "CommonSense InvestSense" (investsense.com), and the other for investment professionals and investment advisers, "The Prudent Investment Adviser Rules" (iainsight.wordpress.com).
I am the author of "The 401(k)/403(b) Investment Manual."
I am projecting that the US govt is near insolvent and that we will be facing a new Bretton Woods currency agreement bringing gold back into the monetary system in combination with a sudden fiat currency devaluation (across the board-most currencies) against gold over a long weekend or an outright sovereign debt panic by 2020-2025. The least expected outcome double digit inflation is very likely sometime in the future. The Fed PRO-POVERTY policies are going to crush the poor, fixed pensioners and lower middle class since disposable income growth is limited. Beware middle class and retirees your purchasing power will drop dramatically when everyday necessities absorb a larger % of your income. To spread the word to the brainwashed American drones that this economy is one big illusion ponzi scheme and you are infact broke. Issuing more debt to solve a debt problem is crazy. I am accepting nominations for those that played a major positive and major negative impact on our economy. Inductees: The Hammer Hall of Fame Bill Black Brooksley Born David Walker Ron Paul Robert Rodriguez Peter Schiff David Stockman Janet Tavakoli John Bogle Elizabeth Warren Steve Wynn ============================== The Hammer Hall of Shame Ben MadMan Bernanke Lloyd Blankfein Bush II Jamie Diamond Shaun Donovan Barney Fwank Dick Fuld Alan "The Maestro" Greenspan Tim Geithner Paul king Krugman David Lereah Angelo Mozillo Obama The NAHB The NAR Henry Paulsen Nancy Pelosi Charles Prince Franklin Raines Robert Rubin David Stephens Larry Summers Bob Toll Maxine Waters Lawrence Yun
Built my own house, and from this have been redecorating, and offering basic maintenance services to homes and apartments in the N.Y.C. area for 25 years.
Events of Oct. 2008 basically crashed the redecorating business, (redoing an apartment seems to be the last thing on people's minds now), so I have had a lot of spare time to think about the soundness of this country's finances and economy.
With a relatively small net worth, I have nevertheless read and studied a lot over the past 2 years trying to get my mind around the current situation.