Finance - U.S Economy

July 15, 2010

Interview with Deborah Owens, author of the book A Purse of Your Own: An Easy Guide to Financial Security

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Mike Carruthers:
When you look at how most wealthy people got that way you realize that they look at money differently than other people and they understand that…

Deborah Owens:
The average person is usually wrong and they understand that they have to act the opposite than everyone else and generally they’ll be OK.

 May 10, 2010

Interview with Richard Florida, author of the book The Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity

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Mike Carruthers:
Although the economy seems to be recovering it has taken a toll and changed how people live.

Richard Florida:
And I think what we’re doing right now, in the reset, people all over our country are resetting the way they live and reinventing new ways of living and working – and that’s what’s going to pull us up.

Richard Florida, author of the book The Great Reset…

November 17, 2009

Interview with Dr. Tim Irwin, author of the book Derailed: Five Lessons Learned from Catastrophic Failures of Leadership  

www.drtimirwin.com

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Mike Carruthers:
It’s not all that uncommon for very successful people to get all the way to the top and then fail in a big way - and there’s some lessons there for all of us.

Dr. Tim Irwin:
Failure is really about character, not in the sense of being dishonest or fraudulent but rather a failure of character in the broader sense – for example arrogance or being dismissive.

Dr. Tim Irwin

 August 27, 2009

Interview with Bill Schultheis, author of The New Coffeehouse Investor: How to Build Wealth, Ignore Wall Street, and Get on with Your Life

coffeehouseinvestor.com

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Mike Carruthers:
If the recent loses in the stock market have taught us anything it's the old rule of diversification.

Bill Schultheis:
There was an interesting segment on "60 Minutes" in April about the tragedy of 401K plans and how people who were close to retirement lost 50% of their portfolio. Well that means they had 100%  in stocks and so they were not diversified.

May 11, 2009

Interview with Randy Charles Epping, author of The 21st Century Economy--A Beginner's Guide

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Mike Carruthers:
In order to sense when the economy will start to pick up again, it's important to understand the difference between leading and lagging economic indicators.

Randy Charles Epping:
Leading economic indicators are the ones that tell us where the economy's going. Unemployment is a lagging economic indicator, it tells us where the economy's been.

May 7, 2009
Interview with Steve Wiseman, author of The Truth About Protecting Your IRAs and 401(k)s

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Mike Carruthers:

You're probably at least a little concerned about the economy, your money and the stock market.

Steve Wiseman:
There are people now that are overly concerned about the fact that the market will never come back - it will. We're in a difficult period but it's not unprecedented.
 

Interview with Steve Wiseman, author of The Truth About Protecting Your IRAs and 401(k)s

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