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				<title><![CDATA[Wealth Education Central  - Articles - ]]></title>
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					  <title><![CDATA[2008 Economic and Investment Outlook]]></title>
					  <link>http://www.wealtheducationcentral.com/articles/20965/1/2008-Economic-and-Investment-Outlook/Page1.html</link>
					  <description><![CDATA[The economy faces serious challenges in 2008:  1. New home sales are at a 16 year low and may go lower;  2. Inflation will be high for the next few months as energy and food prices work their way through the economy;  3. Retail sales will be weak, as evidenced by the Christmas season;  4. Illiquidity in the credit markets will spread from mortgages to auto loans and credit cards due to financial companies tightening their lending standards;  5.]]></description>
					  <author>no@spam.com (Bill Byrnes)</author>
					  <pubDate>Tue, 08 Jan 2008 00:00:00 EST</pubDate>
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					  <title><![CDATA[Surviving A Recession]]></title>
					  <link>http://www.wealtheducationcentral.com/articles/20619/1/Surviving-A-Recession/Page1.html</link>
					  <description><![CDATA[When the major stock market averages declined by 10% from their 2007 highs on Monday, we were in official market correction.  Sentiment is negative owing to the economic back drop of, at best, tepid growth according to the Fed, or a recession.<BR>
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Consumers twenty-five credit binge fueled by home equity loans, credit cards arriving in the mail, sub prime and adjustable rate mortgages and automobile leases, appears to be over.]]></description>
					  <author>no@spam.com (Bill Byrnes)</author>
					  <pubDate>Fri, 28 Dec 2007 00:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://www.wealtheducationcentral.com/articles/20619/1/Surviving-A-Recession/Page1.html</guid>
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					  <title><![CDATA[A Euro, A Yen, A Buck Or A Pound-Currency Fluctuation Explained]]></title>
					  <link>http://www.wealtheducationcentral.com/articles/19620/1/A-Euro-A-Yen-A-Buck-Or-A-Pound-Currency-Fluctuation-Explained/Page1.html</link>
					  <description><![CDATA[Or a Yuan.  (My apologies to all you Cabaret fans.)  As a mutual fund or ETF investor you need to be aware of the currency risks you're taking when investing internationally.  Is your fund hedged against the dollar or not?  Do you want your fund to be hedged or not?  What difference does it make to you?  Let's start with the last question first.<BR>
<BR>
Currencies do fluctuate in value, except for the Yuan.]]></description>
					  <author>no@spam.com (Bill Byrnes)</author>
					  <pubDate>Fri, 07 Dec 2007 00:00:00 EST</pubDate>
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					  <title><![CDATA[Danger: Recession Ahead Proceed with Caution]]></title>
					  <link>http://www.wealtheducationcentral.com/articles/18992/1/Danger-Recession-Ahead-Proceed-with-Caution/Page1.html</link>
					  <description><![CDATA[The Dow, S&P and NASDAQ are touching their lows for the year, down some 8% - 9%. The definition of a market correction is a 10% decline.  A 20% decline is to be expected if there is a moderate recession or the expectation of one.  Are we headed for a recession?  Let's review the economic facts.<BR>
<BR>
Housing, and related, jobs account for 10% of our total employment.]]></description>
					  <author>no@spam.com (Bill Byrnes)</author>
					  <pubDate>Wed, 28 Nov 2007 00:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://www.wealtheducationcentral.com/articles/18992/1/Danger-Recession-Ahead-Proceed-with-Caution/Page1.html</guid>
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					  <title><![CDATA[The CIA's Guide To International Investing]]></title>
					  <link>http://www.wealtheducationcentral.com/articles/18724/1/The-CIAs-Guide-To-International-Investing/Page1.html</link>
					  <description><![CDATA[The world's second biggest economy is Japan (behind the good ol' USA).  China, India, and Brazil have economies growing at upwards of 10% annually.  That's a lot faster then the roughly 2.5% expected US growth over the next year or so (absent a recession, of course).  Together those three economies almost equal the U.S. in GDP.  Add in Japan, and the combined GDP of these four countries exceeds the U.]]></description>
					  <author>no@spam.com (Bill Byrnes)</author>
					  <pubDate>Sun, 25 Nov 2007 00:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://www.wealtheducationcentral.com/articles/18724/1/The-CIAs-Guide-To-International-Investing/Page1.html</guid>
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					  <title><![CDATA[Making Exchange Traded Funds (ETFs) Work for You]]></title>
					  <link>http://www.wealtheducationcentral.com/articles/18424/1/Making-Exchange-Traded-Funds-ETFs-Work-for-You/Page1.html</link>
					  <description><![CDATA[Exchange traded funds are index funds which have advantages over open-end index mutual funds.  ETFs trade all day long on the stock exchanges, may be purchased through any broker, have lower fund expenses than mutual funds, and have less likelihood of generating unwanted taxable gains than mutual funds.  <BR>
<BR>
There are a number of reasons, which we'll discuss, for investing in index funds (Exchange Traded Funds or mutual funds) but let's start with the fact that the S&P 500 index beats 80% of all actively managed funds.]]></description>
					  <author>no@spam.com (Bill Byrnes)</author>
					  <pubDate>Fri, 16 Nov 2007 00:00:00 EST</pubDate>
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					  <title><![CDATA[The ABCs of Exchange Traded Funds]]></title>
					  <link>http://www.wealtheducationcentral.com/articles/18205/1/The-ABCs-of-Exchange-Traded-Funds/Page1.html</link>
					  <description><![CDATA[Every investor should consider Exchange Traded Funds (ETFs).   The younger brother of open-end index mutual funds is growing up fast and showing greater versatility.  ETFs are open-end index mutual funds that trade like stocks (and closed-end mutual funds).  <BR>
<BR>
There are three legal structures of ETFs:  Open-end mutual fund (the difference between the ETF structure and an open-end mutual fund is the ETF is exchange traded, whereas the traditional mutual fund is purchased and redeemed by the fund itself), Unit investment trust and Grantor trust.]]></description>
					  <author>no@spam.com (Bill Byrnes)</author>
					  <pubDate>Wed, 14 Nov 2007 00:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://www.wealtheducationcentral.com/articles/18205/1/The-ABCs-of-Exchange-Traded-Funds/Page1.html</guid>
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					  <title><![CDATA[Investing In Energy Funds]]></title>
					  <link>http://www.wealtheducationcentral.com/articles/17547/1/Investing-In-Energy-Funds/Page1.html</link>
					  <description><![CDATA[It's hard to believe with oil approaching $100 per barrel, but the U.S. will consume over 1 billion (that's 1,000,000,000) more gallons of gasoline in 2007 than in 2006.  <BR>
<BR>
As a certain President once said, we are energy junkies.  We keep craving more regardless of the price.   Ask yourself this:  Are you plugging more stuff into the wall each year?  That requires even more oil, natural gas or coal.]]></description>
					  <author>no@spam.com (Bill Byrnes)</author>
					  <pubDate>Mon, 05 Nov 2007 00:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://www.wealtheducationcentral.com/articles/17547/1/Investing-In-Energy-Funds/Page1.html</guid>
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					  <title><![CDATA[Indexing for Passive Aggressive Investors]]></title>
					  <link>http://www.wealtheducationcentral.com/articles/16695/1/Indexing-for-Passive-Aggressive-Investors/Page1.html</link>
					  <description><![CDATA[Let's dispel the notion once and for all that index funds are only for passive investors.  Sure, the original index funds tracked the S&P and were meant for investors who either believed you couldn't beat the market or didn't want to try.  <BR>
<BR>
Since their beginning, index funds have expanded their breath. You can find a fund which tracks any of the major indices and most industry sectors, such as health care and technology.]]></description>
					  <author>no@spam.com (Bill Byrnes)</author>
					  <pubDate>Fri, 26 Oct 2007 00:00:00 EST</pubDate>
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					  <title><![CDATA[International Investing in The Age of Turbulence]]></title>
					  <link>http://www.wealtheducationcentral.com/articles/16140/1/International-Investing-in-The-Age-of-Turbulence/Page1.html</link>
					  <description><![CDATA[Alan Greenspan writes extensively about the global economy in The Age of Turbulence.  He believes there are common dominators to economic success.  <BR>
<BR>
One is a cultural desire for growth, which includes government integrity, the acceptance of a certain amount of income inequality, incentives to take risk and the willingness to let market forces determine supply and demand.]]></description>
					  <author>no@spam.com (Bill Byrnes)</author>
					  <pubDate>Fri, 19 Oct 2007 00:00:00 EST</pubDate>
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