Financial Advisor Update

Run, Don't Walk From Treasuries

Stock quotes in this article: FNM , FRE  

Hard work and savings were too often replaced by borrowing and spending money we didn't have to buy things we didn't even need. These trends need to reverse if we're going to get out of this mess. This is a painful period for everyone.

Nobody likes recessions, but we can think of it this way -- the U.S. rose to become the greatest country in the world directly following the Great Depression, one of the worst periods in our history. Sometimes, it is in the darkest days that people, and countries, find their character and rise to become even better.

One thing that has not changed in all these years is that this nation still hates a loser and loves a winner. It's that kind of spirit that is going to carry us through this difficult period and toward an even better future.

  • Loading Comments...
  •  
1 2 3 4 5 6
Next >

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,499.24 1,113.61 2,210.28 35.46
Oil *
71.96
UP
27.74
UP
7.20
UP
19.97
UP
0.06
10 Yr
3.55%
SPDR Gold
110.44
+0.26%
+0.65%
+0.91%
+0.17%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services