Suitcase Economics

I know that i often hear it from business people that the rate of business industry growth is not what it used to be a decade or two decades ago. This kind of ideas comes from a decade of shrinking corporate profits combined with a large scale shift in buying practices by the consumer. If the answer is to look at your ROI then you see many changes in your bottom line profit margin. So many businesses have to stress speed access to a product or service compared to actual face value of the items itself. This is caused many managers and business owners to change how they advertise,market and overall sales of products or services. Adding to the flexible climate shift  you have all of your competition is outsourcing a lot of product development and manufacturing into foreign countries. This really is putting American business into a newly unknown territory where business is forced to sell their products in a global market. This definitely has major market share plus for business growth but a definition of who you are and what you do is much harder to get in front of the prospective customers. The research speaks for itself in many trade magazines like Forbes who know that it's hard to get your customer to buy from your business because your product,service and message is being drowned out by global competitors. This is why you see less Mom and Pop businesses still open operating in the century we currently live. The factor of globalization has almost wiped out small business in America with a change toward larger retail and global corporate giants able to sell their products on a mass scale. The bigger killer is cheap imports from China,Singapore and Malaysia which reduce the overall quality standards on a market share. By drowning the markets with cheaper foreign goods it's making American businesses who used to enjoy supremacy scramble for the share of whatever markets are available. American businesses are taking the brunt of global changes with more need to address the trade imbalance that still exists with our wealthy partners worldwide. We, that is American business is the engine of creative and ingenuity need to get more involved with lifting up our quality and standards again a a leader in the world..

Retirement Planning

I recently was talking to a long term friend of mine about retirement  finances in older age. He exclaimed all the virtues of being very wealthy having more than a hundred thousand dollars to his name in retirement accounts. Well, this really started me thinking that their must be lots of average working people have very little knowledge about investments and retirement planning. First of all only about 10 percent of the total population of American people have a excessive  amount of financial wealth. This puts my friends in a higher income and saving level bracket than most of America. They both have amassed a larger amount of riches due to their income and investment levels over about 17 years. Their are many in working America that live with paychecks that don't know what it is to be financially wealthy.  These are the people who struggle to live and generally don't have a retirement savings in a plan of their choice.  I know that many people try their best to live with what little they have financially so due to being poor they never plan for retirement.. Planning for you and your spouses retirement is a important thing to do so that your setup later in life for after retirement expenses. Any smart investment planner will tell you that you'll need to put away about a third to half of your mutual married lifetime income into these accounts. Your choice of accounts should reflect a broad spectrum of investments into CD,Roth IRA,Stocks,Bonds,Mutual Funds and other investment tools This will achieve a good retirement package being a married couple for your golden years ahead. Financial planning should include expected life changes after retirement. Some examples of items to be considered are hospital medical expenses,doctors,down sizing of your home by selling it, changes in your portfolios value. These expenses i have listed can make you quickly deplete your lifetime savings and put your retirement plan into a tail spin. Always consider what you as a married couple want to mutually achieve for your later years by describing it in detail on paper. When you've agreed to the full plan then start looking for the right investment tools that fit the plan. You should build into your married retirement plan a certain cushion of extra money for items like your favorite golf course,travel on a cruise ship and exotic adventures to Belize,Cancun beaches etc. Think very hard together trying to anticipate even the most basic expenses like the costs food,home, the costs of keeping your cars registered,insured. If your doing everything right together you'll enjoy a great retirement lifestyle filled with long years of happiness and exciting adventure in your later golden years of life.

Have a Great Day..

New Ideas. .

Well i have to admit i haven't been here in unfortunately a long time so i lost probably most of my loyal readers.. Sometimes it takes time to get back into things if you been away from it for a while. I just scanned through all my old post log to my amazement this blog started in 2009.. I cannot believe it really this long i have been writing this business and financial blog. I know that at one point i had hit a milestone in global readership with surpassing the ten thousand marker. I figure that i must have done things right at the time to gather that much readership which doesn't come overnight. I had to unfortunately quit doing this blog and mostly everything else due to health problems which i am happy to report i am feeling increasingly better.. Doctors say if i keep up with my walking and self empowerment program with my health i will be in a great position to be one of the business movers and shakers of the world.. I love my doctors enthusiasm for overcoming difficult goals but in part how can i disagree as he knows more about his field than i do and the same is reciprocal about my being a business expert. So i thought i would do what the doctors told me which is to slowly go back to working full time which includes all forms of work including writing. Things are changing so i am feeling good enough to write again which is actually a good thing since i am a workaholic. So look for a gradual return to this blog as i a written media forum for intelligent business articles that make sense from a business standpoint.. Have a fantastic day today with your business peers and family..