Hi All,

Jeze, the bad news just keeps on coming. Reuters is now indicating that the insurance giant AIG will be reporting a loss of 60 billion dollars, the largest ever in US corporate history (ouch). They are already negotiating with the Feds for more money.

By the way, AIG is trading at .53 cents a share. Its virtually worthless.

On the one hand, I’m happy to see these major corporations go, capitalism is ultimately better off when older less well run businesses fail…but on the other hand, its painful to watch the train wreck happening, especially when so many jobs and taxpayer dollars are on the line. That’s a lot of wealth lost in a very short period of time.

Man. I just want to go to bed and wake up when its time for another housing boom.

Best,

James

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

Click Here to Download
DINK's Free
Budget Template
Click Here to Download
DINK's Free
Net Worth Template

Couples Finance

Blogs You Should Read

Companies Supporting The DINKS

Please consider visiting our gracious supporters:

Get an education with the Online Certificate Programs at Washington Tech