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	<title>The Official Geezer Guide &#187; Uncategorized</title>
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	<description>Helping Seniors Make, Save and Invest Money</description>
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		<title>Three Great Dividend Paying Stocks for Seniors</title>
		<link>http://www.officialgeezerguide.com/blog/2010/07/three-great-dividend-paying-stocks-for-seniors/</link>
		<comments>http://www.officialgeezerguide.com/blog/2010/07/three-great-dividend-paying-stocks-for-seniors/#comments</comments>
		<pubDate>Fri, 23 Jul 2010 17:59:20 +0000</pubDate>
		<dc:creator>Skip McGrath</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.officialgeezerguide.com/blog/?p=402</guid>
		<description><![CDATA[From time to time I publish articles (with permission) of interest to Seniors from interesting newsletters I receive. This is a great article by Sean Brodrick who publishes the Uncommon Wisdom newsletter Three Dividend Stealth Stocks by Sean Brodrick If you&#8217;re like me, you&#8217;re getting more and more worried about where the economy and the [...]]]></description>
			<content:encoded><![CDATA[<p>From time to time I publish articles (with permission) of interest to Seniors from interesting newsletters I receive. This is a great article by <a href="http://www.gliq.com/cgi-bin/click?weiss_uwd+46602-4+UWD466TEST">Sean Brodrick</a> who publishes the Uncommon Wisdom newsletter</p>
<p>Three Dividend Stealth Stocks<br />
<em>by Sean Brodrick</em></p>
<p>If you&#8217;re like me, you&#8217;re getting more and more worried about where the economy and the stock market might go next. One consolation is investing in stocks that pay nice dividends. Why? I&#8217;ll give you five powerful reasons &#8230;</p>
<p><strong>1. Dividend stocks pay you</strong>. So if you&#8217;re waiting for the market to find its feet and go up again, it&#8217;s nice to be paid to wait. Dividends cushion losses during bear markets — potentially providing a source of revenue during bad times — and they add to returns when stocks go up again.</p>
<p><strong>2. Dividends don&#8217;t lie</strong>. Wall Street can lie about many things — just look at the latest headlines about the sleazy shenanigans of the bankster crowd. But a company can&#8217;t fake a dividend. A company also can&#8217;t fake a record of dividend growth. So, dividends are Wall Street&#8217;s lie detectors.</p>
<p><strong>3. Dividends are where the money is</strong>. Over the past 80 years, stocks have returned almost 10% annually. Here&#8217;s the interesting part: Dividends accounted for approximately 40% of average annual returns.</p>
<p><strong>4. Dividends beat inflation</strong>. Over that same 80-year time frame, inflation has averaged 3%. Dividend-paying stocks provide a nice inflation hedge since their revenues and net income should go up with overall prices.</p>
<p><strong>5. Dividends can outperform in any kind of markets</strong>. Look at this data from Ned Davis Research, which shows what would happen to $100 invested in 1972 in a range of dividend payers, dividend growers, and non-dividend paying stocks in the S&amp;P 500 index &#8230;</p>
<p><a href="http://www.officialgeezerguide.com/blog/wp-content/uploads/2010/07/Dividend-Chart.png"><img class="aligncenter size-full wp-image-404" title="Dividend Chart" src="http://www.officialgeezerguide.com/blog/wp-content/uploads/2010/07/Dividend-Chart.png" alt="Dividend Stocks Outperform" width="499" height="315" /></a></p>
<p>The best performers of all were companies GROWING their dividends. They turned $100 into $2,945 over the length of the study, while an investment in non-dividend payers turned into just $165. Still, the Ned Davis study also shows you have to be careful with dividends. An investment in companies that cut dividends ended up losing money.</p>
<p>These are all good reasons to invest in the right dividend-paying stocks — the kind of stocks we target in Crisis Profit Hunter. My Crisis Profit Hunter picks tend to be in natural resources, and they&#8217;re doing well. Oil prices are rising. China just passed the U.S. as the world&#8217;s biggest energy consumer, so the upward trend in energy prices should continue.</p>
<p>Today, I&#8217;m going to tell you about three stocks that should be on every dividend investor&#8217;s watch-list. I&#8217;ve cast my net wide to find three picks that are &#8220;stealthy&#8221; dividend plays — providing value and opportunity that is hidden at first glance.</p>
<h2>Pick #1: The Dividend Doubler</h2>
<p>Walgreen Co (WAG) is the nation&#8217;s largest drugstore chain, with more than 6,900 drugstores in all 50 states. It only has a dividend of 2.4% — so why would an investor want to pick it up for its dividend? Well, despite the low yield, Walgreen has a lot going for it:</p>
<p>The company has paid dividends for more than 76 years and consistently increased payments to common shareholders every year for 35 years.</p>
<p>On July 14, the company raised distributions by 27.3% (to 17.50 cents per share). The dividend is payable September 11 to shareholders of record August 19.</p>
<p>Now here&#8217;s something really interesting. The company has also grown their dividend at a compound rate of 24.3% over the past six years. That means it is doubling its dividend every three years. Looking back at historical data to 1972, Walgreen has actually managed to double its dividend payment every six years on average. So, the pace of its dividend rises is increasing.</p>
<p>Not everything is rosy for this stock. Over the past 10 years, Walgreen&#8217;s share price has gone down by 1%. But the fact that it is a dividend grower, it&#8217;s in a business that should be recession proof, and it is trading at just 14.3 times trailing earnings and 12 times forward earnings makes it worth considering.</p>
<h2>Pick #2: Betting on Overseas Growth</h2>
<p>Air Products and Chemicals (APD) is a diversified company that provides industrial gasses, medical and specialty gases, chemicals, electronics and services to a customer base worldwide. It dishes up a dividend yield of only 2.8%. So why should it be on your radar? This company is making huge inroads into emerging markets, most recently India and the Middle East. If those regions of the world continue to grow while the U.S. stagnates — a definite possibility for the rest of 2010 and potentially 2011 — Air Products will deliver both price appreciation and dividend growth.</p>
<p>The market for industrial gas increases at double the rate of the global economy. The International Monetary Fund recently raised its forecast for global economic growth to 4.6%.</p>
<p>Air Products&#8217; dividend payments have increased by an average of 10.3% since 2000. A 10% growth in dividends translates to the dividend doubling every seven years. The company hiked its dividend by 8.9% in February, for the 28th year in a row.</p>
<p>Going forward, the company is expected to increase its dividend by 7.9% over the next three years.</p>
<p>The stock recently traded at 17.3 times trailing earnings and 12.6 times forward earnings.</p>
<h2>Pick #3: Rising Dividend AND a Potential Boost from Energy Prices</h2>
<p>Crude oil grabs all the headlines, so many people don&#8217;t notice that natural gas is putting in a bottom, too. That should be a big boost for ONEOK (OKE), an integrated natural gas company that also has an energy marketing and trading business. The company distributes gas all over the Kansas and Oklahoma, as well as the Austin and El Paso areas of Texas. It also owns 42% of ONEOK Partners, a natural gas gathering, processing, storage and transportation company. And OKE recently paid a 4% dividend yield.</p>
<p>This month, the company raised its quarterly dividend by 2 cents to 46 cents a share. The dividend is payable August 13 to shareholders of record at the close of business July 30.</p>
<p>ONEOK&#8217;s dividend is expected to keep growing by 8.55% over the next three years.</p>
<p>Rising natural gas prices should also boost the company&#8217;s share price.</p>
<p>ONEOK recently traded at 14.4 times trailing earnings and 14.3 times forward earnings.</p>
<p>These are just three examples of the kind of stocks that should be on your dividend watch-list. Their dividends aren&#8217;t huge, but they all have plenty of potential — immune to a recession while at the same time growing dividends rapidly (Walgreen) or leveraged to the booming overseas economies (Air Products) or leveraged to energy prices (ONEOK). Stealthy stocks like this can fly under the radar, and wise investors will pick them up for potential long-term price appreciation.</p>
<p>Yours for trading profits,<br />
Sean</p>
<p>__________________________________________________</p>
<p>This investment news is brought to you by Uncommon Wisdom. Uncommon Wisdom is a free daily investment newsletter from Weiss Research analysts offering the latest investing news and financial insights for the stock market, precious metals, natural resources, Asian and South American markets. From time to time, the authors of Uncommon Wisdom also cover other topics they feel can contribute to making you healthy, wealthy and wise. To view archives or subscribe, visit http://www.uncommonwisdomdaily.com.</p>
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		<title>What I am Buying in This Rotten Economy</title>
		<link>http://www.officialgeezerguide.com/blog/2010/07/what-i-am-buying-in-this-rotten-economy/</link>
		<comments>http://www.officialgeezerguide.com/blog/2010/07/what-i-am-buying-in-this-rotten-economy/#comments</comments>
		<pubDate>Fri, 16 Jul 2010 20:44:39 +0000</pubDate>
		<dc:creator>Skip McGrath</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.officialgeezerguide.com/blog/?p=395</guid>
		<description><![CDATA[The risk of a double-dip recession is no longer in doubt.  It is looking more and more like various government stimulus programs, free money from the Fed and housing incentives caused all of the recent gains.  Those have now expired and we are seeing the real economy. Consider: Despite low record interest rates, mortgage applications [...]]]></description>
			<content:encoded><![CDATA[<p>The risk of a double-dip recession is no longer in doubt.  It is looking more and more like various government stimulus programs, free money from the Fed and housing incentives caused all of the recent gains.  Those have now expired and we are seeing the real economy. Consider:</p>
<ul>
<li>Despite low record interest rates, mortgage applications have now fallen to 1996 levels</li>
<li>Federal Reserve rates are between 0% and 0.25%. There is no more room to lower rates</li>
<li>Job growth has stalled. The Bureau of Labor Statistics reports that 15 million unemployed people are competing for 3.2 million job openings — a ratio of unemployed to jobs of nearly 5 to 1</li>
<li>Wholesale Purchasing has stalled</li>
<li>Consumer confidence has tanked</li>
<li>Total inflation is 0% and core inflation (less food and gasoline) is at 0.2%</li>
<li>Retail sales are falling.  US savings rates are at a 20-year high. People are repairing their personal balance sheets by paying off debts and cutting spending.</li>
</ul>
<h2>So where is one to invest?</h2>
<p>The two areas that look good on a worldwide basis are energy and materials.  Hot economies such as India, China, Russia and Brazil and moderate growth economies in Eastern Europe, Australia and Canada are growing enough to increase the worldwide demand for oil and critical materials such as aluminum, copper, iron ore and so on.</p>
<p>Lets look at a few opportunities:</p>
<h2>Energy</h2>
<p>Individual stocks in the energy patch can still be risky –i.e. BP.  One of the investments I like are the multiple limited partnerships (MLPs) in pipeline companies. According to research from Morgan Keegan, MLPs have delivered compound annual returns of 18.5% over the last 10 years. That&#8217;s about 6% more than income trusts and 7% better than utilities. They pay large and steady dividends and make money no matter what the price of oil is.  My favorites are MarkWest Energy Partners (MWE) that now pays a 7.5% yield and DCP Midstream Partners (DPM) at 7.1% yield.</p>
<p>As for the overall energy play, I like the ETFs Energy Select SPDR (XLE), which tracks a basket of leading energy stocks and the United States Oil Fund (USO).</p>
<h2>Materials</h2>
<p>For materials I like the Peru Country fund. Peru is a major producer of copper, gold, silver and even lithium used in all the new electric car and computer batteries. And the country of Peru is enjoying excellent economic growth.  the Peru country fund (EPU) tends to tank whenever the US market tanks, but then it detaches itself and starts acting like a growth fund that it is. It can be a little volatile, but should do well in the long term.</p>
<h2>Gold Investing</h2>
<p>The other area I am in is Gold.  Gold has consolidated a bit to the 1160 range down from a recent high of 1266. It could consolidate a little more to 1140 or so. This is typical – Gold always retreats and tests support after a large sudden run up. And the summer is seasonally not strong for gold –sometimes called the summer goldrums by experienced investors.  But even Forbes Magazine who very conservative is predicting gold prices of $1320 by the Fall while most professional gold investors are forecasting a run up to $1390 before consolidating again with an eventual target of $1500 by the end of the year.  the State of Texas Teacher&#8217;s retirement fund just purchased $500 million dollars of gold -almost three percent of their total holdings.</p>
<p>My favorite gold plays are the physical gold ETF with the symbol GLD and the basket of gold mining stocks, symbol GTX.  If you want a little risk, I have done really well with a junior gold miner New Gold.  It has been as high as $7 but has now settled back to the $4.50 to $5.00 range where I added to my original position of 500 shares bought at $3.30.</p>
<h2>Caution</h2>
<p>As I have pointed out in previous posts – I am not a professional investor or investment advisor, so do your own research –but I just rebalanced my portfolio and put a lot of the stocks and funds mentioned here today into play.</p>
<p style="text-align: center;">++++++++++++++++++</p>
<p style="text-align: center;">Supplement your retirement income. Learn how thousands of individuals are <a href="http://www.officialgeezerguide.com/products/selling-on-amazon.php">Making Money Selling on Amazon</a>.</p>
<p style="text-align: center;">
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		<title>Make Up To $2500/week As A  Social Media Manager</title>
		<link>http://www.officialgeezerguide.com/blog/2010/06/make-up-to-2500week-as-a-social-media-manager/</link>
		<comments>http://www.officialgeezerguide.com/blog/2010/06/make-up-to-2500week-as-a-social-media-manager/#comments</comments>
		<pubDate>Sat, 26 Jun 2010 17:58:19 +0000</pubDate>
		<dc:creator>Skip McGrath</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.officialgeezerguide.com/blog/?p=387</guid>
		<description><![CDATA[This is a great business for us Geezers.  Social media is hot. Even though its been around several years now, the business potential for social media sites like FaceBook and Twitter is still where eBay and Amazon were ten years ago. Earlier this week, I purchased a great program by Ryan Diess that was just [...]]]></description>
			<content:encoded><![CDATA[<p>This is a great business for us Geezers.  Social media is hot. Even though its been around several years now, the business potential for social media sites like FaceBook and Twitter is still where eBay and Amazon were ten years ago.</p>
<p>Earlier this week, I purchased a great program by Ryan Diess that was just what I was looking for to make some money and  expand my business via social media sites like Facebook and Twitter.</p>
<p>I have read every book about Twitter and Facebook that I could buy on Amazon –and purchased three different training programs on Clickbank. None of them worked for me.</p>
<p>I have only known Ryan for about a year, but he is one of the internet marketing good guys. He stands behind everything he sells with a <strong>no-questions-asked money back guarantee</strong> and gives great customer support.</p>
<p>Ryan has discovered a woman in his home town who is banking over $2500 a week<br />
just messing around on Twitter and Facebook. (Now I don&#8217;t expect everyone can do that &#8211;but I can see how almost anyone could earn $500 to $1000 a week with a 20 hour a week investment of time).</p>
<p><a href="http://budurl.com/wuee">Click here to see how she does it</a>.</p>
<p>If the link doesn’t work, you can copy/paste it:</p>
<p>http://budurl.com/wuee</p>
<p>Her name is Kate and what she’s doing is so brain dead simple a 10 year old could do it.</p>
<p>She has NO product</p>
<p>She had NO website</p>
<p>She is NOT an affiliate…</p>
<p>…and all her traffic is FREE!</p>
<p>This is a short, <a title="http://budurl.com/wuee" href="http://budurl.com/wuee">37 minute video</a> and even if you decide its not for you, it won’t be a waste of your time.</p>
<p>Cheers,<br />
Skip McGrath</p>
<p>P.S. I know Ryan and he often pulls down videos without warning when he is afraid the market will become saturated. So be sure and watch this while you can.Up to $2500 a week for messing around is a TON of money.</p>
<p><a href="http://budurl.com/wuee" target="_blank">So please watch now</a>.  If you are at work and can’t watch, then be sure and watch it when you get home.</p>
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		<title>Spot Gold Breaks to New High</title>
		<link>http://www.officialgeezerguide.com/blog/2010/06/spot-gold-breaks-to-new-high/</link>
		<comments>http://www.officialgeezerguide.com/blog/2010/06/spot-gold-breaks-to-new-high/#comments</comments>
		<pubDate>Fri, 18 Jun 2010 19:09:10 +0000</pubDate>
		<dc:creator>Skip McGrath</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.officialgeezerguide.com/blog/?p=382</guid>
		<description><![CDATA[I have written about Gold several times in this blog.  Today, gold broke briefly to a new high of $1260 before setteling back to the $1250 range. Most investment advisers who follow gold are predicting $1300 to $1350 within  a matter of weeks. OF course gold can go down as well as up, but the [...]]]></description>
			<content:encoded><![CDATA[<p>I have written about Gold several times in this blog.  Today, gold broke briefly to a new high of $1260 before setteling back to the $1250 range. Most investment advisers who follow gold are predicting $1300 to $1350 within  a matter of weeks.</p>
<p><a href="http://www.officialgeezerguide.com/blog/wp-content/uploads/Screen-shot-2010-06-18-at-11.41.58-AM.png"><img class="aligncenter size-medium wp-image-383" title="Screen shot 2010-06-18 at 11.41.58 AM" src="http://www.officialgeezerguide.com/blog/wp-content/uploads/Screen-shot-2010-06-18-at-11.41.58-AM-300x203.png" alt="Spot Gold Chart for June 18, 2010" width="300" height="203" /></a></p>
<p>OF course gold can go down as well as up, but the fundementals have never been this positive for gold since just after 9/11. Personally I am using any pullback to add to my positions.</p>
<p>Gold&#8217;s rise has been driven by several factors:</p>
<ul>
<li>Sovereign debt crisis in Europe and a belief that it will eventually hit our shores.</li>
<li>Countries such as India, China and Canada buying gold on the open market to increase their reserves. (For example: Earlier This week, the Central Gold Trust of Canada announced it is going to buy $800 million worth of gold).</li>
<li>Personal gold hording in developing countries</li>
<li>Purchase of gold by Exchange Traded Funds</li>
<li>Mining costs are rising. All of the easy gold has been found and miners have to dig deeper and use more expensive extraction methods. Current gold supply is barely meeting demand. If gold buying continues, demand will soon exceed supply.</li>
</ul>
<p>I have pointed out several times in this blog that I am not a professional investment adviser and you should do your own research, but I am loading up on gold mining stocks (NGD and ASA are my favorites) and Gold ETFs such as GLD and SGOL.</p>
<p>Til next time,</p>
<p>Skip McGrath<br />
Head Geezer</p>
<p style="text-align: center;">Make extra money with <a href="http://www.officialgeezerguide.com/products/online-home-business.php">The Official Geezer Guide to Making Money<br />
with an Online Business </a></p>
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		<title>There is Plenty of Oil If You Know Where to Look</title>
		<link>http://www.officialgeezerguide.com/blog/2010/06/there-is-plenty-of-oil-if-you-know-where-to-look/</link>
		<comments>http://www.officialgeezerguide.com/blog/2010/06/there-is-plenty-of-oil-if-you-know-where-to-look/#comments</comments>
		<pubDate>Wed, 16 Jun 2010 22:30:17 +0000</pubDate>
		<dc:creator>Skip McGrath</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.officialgeezerguide.com/blog/?p=375</guid>
		<description><![CDATA[I always hesitate to write about anything political. Whenever I do, it seems to offend someone, and that is the last thing I want to do.  But I was listening to the President&#8217;s speech on the oil spill crisis last night and came out of my seat when the president told a real whopper.  The [...]]]></description>
			<content:encoded><![CDATA[<p>I always hesitate to write about anything political. Whenever I do, it seems to offend someone, and that is the last thing I want to do.  But I was listening to the President&#8217;s speech on the oil spill crisis last night and came out of my seat when the president told a real whopper.  The comment that startled me with its audacity was this:</p>
<p style="padding-left: 30px;">&#8220;We consume more than 20% of the world&#8217;s oil, but have less than 2% of the world&#8217;s oil reserve. And that&#8217;s part of the reason oil companies are drilling a mile beneath the surface of the ocean &#8212; because we&#8217;re running out of places to drill on land and in shallow water.&#8221;</p>
<p>That statement is patently false!  I don&#8217;t know if was ignorance on his part. To give him the benefit of the doubt, his advisers may have told him that and he believed them and wrote it into his speech.</p>
<p>But here are the facts and they are easily checked:</p>
<p>The US is sitting on enough oil reserves to run this country for another 200 to 300 years without importing another drop of oil. Consider some of these easily proven statistics:</p>
<ul>
<li>An <a href="http://www.usgs.gov/newsroom/article.asp?ID=1911">April 2008 study</a> conducted by the United States Geological Survey, stated that &#8220;North Dakota and Montana have an estimated 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in an area known as the Bakken Formation.&#8221;</li>
<li>The US Geologic survey estimates there are over 4 Billion barrels of easily recoverable oil in protected areas in Utah, Colorado and Wyoming that are now banned from drilling.</li>
<li>There is a pool of oil in shallow water off the coast of Santa Barbara, CA where oil is so plentiful, it seeps from the ocean floor and ends up on the beaches as tar balls. If drilling were permitted, the pressure would be relieved and the seepage would stop.</li>
<li><strong>The ANWR range in Alaska</strong> has only been 20% explored. Already estimates are that the range contains over 10 Billion barrels of oil and if the rest of the region could be explored, that could only be a partial figure.</li>
<li>There is oil in several locations in the <strong>Bering Sea</strong> at depths of less than 500 feet. The field near the end of the Aleutian chain is estimated to contain over 500 million barrels at depths of less than 600 feet.</li>
<li>There is plenty of oil in the Gulf of Mexico located in shallow waters that have been put off limits for drilling which is why we are drilling in deep waters. The US Coast &amp; Geodetic survey list several proven fields off of the East coast of Florida and Georgia. But these are  also off limits to drilling.</li>
<li><strong>The outer continental shelf:</strong> Something in the neighborhood of 90 billion barrels of oil sit beneath the ocean bed 50 to 100 miles off the Atlantic, Pacific and Gulf coasts. Some of these are in very deep waters, but many of the proven fields are in waters less than 1000 feet deep.</li>
<li>A well researched <a href="http://www.kiplinger.com/businessresource/forecast/archive/The_U.S._s_Untapped_Bounty_080630.html" target="_blank">article in Kiplinger Magazine</a> in 2008 stated: &#8220;&#8230; untapped reserves are estimated at about 2.3 trillion barrels, nearly three times more than the reserves held by Organization of Petroleum Exporting Counties (OPEC) and sufficient to meet 300 years of demand-at today&#8217;s levels-for auto, aircraft, heating and industrial fuel, without importing a single barrel of oil.&#8221;</li>
</ul>
<p>Of course this oil spill is a disaster. It will do billions of dollars of damage to lives and property and the environment.  But the real tragedy is that it didn&#8217;t have to happen.  Drilling in deep waters is inherently risky.  I spoke to an oil drilling expert from Transocean and he told me that if this spill had occurred in water less than 1000 feet deep, that there are several technical methods that would work to cap the spill within days &#8211;not weeks, that won&#8217;t work at the 5000&#8242; depth of this well.</p>
<p>I find it ironic that the worst oil spill in American history was caused by the very same environmentalists who have cordoned off all the easy accessible oil and forced us into taking extreme risks of drilling at depths.</p>
<p>Reading this you might think I am against alternative forms of energy &#8211;and you would be wrong. I would love to see electric cars. They make perfect sense. But if even 10% of the current automobiles in service were converted to electricity we would need somewhere between 15 and 20 new power plants. The fastest and cleanest way to do that is with nuclear power, but the environmentalists do every thing they can to delay and block nuclear power construction.</p>
<p><strong>Wind works</strong>.  There are already producing wind farms in California where the environmental lobbies will not allow construction of power lines to get the power to the grid.  They have blocked this construction for the past 3 years.</p>
<p><strong>Solar</strong> is great but will never provide a serious amount of electricity.  You would have to cover an area the size of the entire state of Nevada just to produce enough solar electricity to run a medium-sized American city.</p>
<p><strong>Natural Gas</strong> &#8211; The US is the Saudi Arabia of natural gas and we have reserves off of the East coast of the US that could triple the amount of known natural gas reserves.  Cars and even the big diesel trucks can be easily modified to run on natural gas.  If we were to convert the entire American trucking fleet to natural gas, it would reduce our current oil imports by over 1 million barrels a day. And gas is cleaner and cheaper than oil.</p>
<p>Conservation is the other important priority. Some people laugh at efforts by the government to build more efficient cars, install insulation and energy saving bulbs, but these measures can have dramatic effects on our overall energy consumption.  But we don&#8217; t need government edicts to force them. They make sense because energy costs are rising and will continue to rise and people will turn to energy-saving methods to save money.  When we liven it New York State back in the 1980s we had an older home that was costing us over $800 a month to heat in the winter.  We spent $4000 on new windows and insulation and dropped our energy bill to less than $300 a month in the winter. Rather than forcing people to take these steps, I have long favored tax credits.  Just this year I installed an instant-heat hot water heater at a cost of $1600, but got back $700 of that in tax credits and utility company rebates.  That is the sort of program that makes sense.</p>
<p>Its correct to blame BP for the spill. But its not correct to criticize them for drilling 40 miles off the coast in mile-deep water. That is the fault of the stranglehold that environmentalists have held on politicians and their resulting energy policies in this country since the Carter administration when all of this started.</p>
<p>It&#8217;s high time we got sensible about our energy policy. A good energy policy would use all of our resources and develop alternative energy sources.  If we turn science loose, who knows what we can develop.  China is already working on miniature nuclear power plants to power trains. Why aren&#8217;t we doing this.  I once read an article in popular science that said we could even power trucks with tiny nuclear power plants and fuel cell technology is still in its infancy.  Us geezers may not live to see it, but we own it to our children and grand children to work on an energy policy that first of all provides for our national security and is economically sound.  Its just crazy to send $100 million a day to Saudi Arabia and Venezuela when we have plenty of oil sitting right here in our laps.</p>
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		<title>More older Amercians Starting Their Own Home Businesses</title>
		<link>http://www.officialgeezerguide.com/blog/2010/06/more-older-amercians-starting-their-own-home-businesses/</link>
		<comments>http://www.officialgeezerguide.com/blog/2010/06/more-older-amercians-starting-their-own-home-businesses/#comments</comments>
		<pubDate>Tue, 15 Jun 2010 23:33:10 +0000</pubDate>
		<dc:creator>Skip McGrath</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.officialgeezerguide.com/blog/?p=371</guid>
		<description><![CDATA[I came across an article about seniors starting their own businesses and decided to Google around and see if I could find more stories.  Amazingly there are dozens of newspaper stories out there about what is going on in the Senior community and about Geezers like us starting businesses.  I got some great ideas from [...]]]></description>
			<content:encoded><![CDATA[<p>I came across an article about seniors starting their own businesses and decided to Google around and see if I could find more stories.  Amazingly there are dozens of newspaper stories out there about what is going on in the Senior community and about Geezers like us starting businesses.  I got some great ideas from reading about what others had done and thought you might too.</p>
<p>So here is my list of just the best ones:</p>
<p><a href="http://www.usatoday.com/money/smallbusiness/2010-05-25-olderworkers25_CV_N.htm">Older Americans Starting Their Own Businesses</a></p>
<p><a href="http://www.allbusiness.com/company-activities-management/company-structures/14555614-1.html">More Seniors Starting their own business</a></p>
<p><a href="http://www.nytimes.com/2010/03/04/business/retirementspecial/04WORK.html">Starting Over at 55</a></p>
<p><a href="http://smallbiztrends.com/2010/05/should-we-worry-about-older-entrepreneurs.html">Should We Worry About Older Entrepreneurs</a></p>
<p><a href="http://www.businessweek.com/smallbiz/content/jan2010/sb20100112_799478.htm">More Seniors Choosing Self Employment</a></p>
<p>So what are you waiting for. After you read these articles,  come back to the Official Geezer Guide for help starting your own online business.</p>
<p><span style="font-size: large;"><span style="font-family: Calibri,Verdana,Helvetica,Arial;"><strong></strong></span></span> <!--EndFragment--></p>
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		<title>Selling Your Home In A Crummy Market</title>
		<link>http://www.officialgeezerguide.com/blog/2010/04/selling-your-home-in-a-crummy-market/</link>
		<comments>http://www.officialgeezerguide.com/blog/2010/04/selling-your-home-in-a-crummy-market/#comments</comments>
		<pubDate>Sat, 17 Apr 2010 17:37:08 +0000</pubDate>
		<dc:creator>Skip McGrath</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.officialgeezerguide.com/blog/?p=349</guid>
		<description><![CDATA[A lot of our readers have been ready to downsize or sell their home to move to a better retirement area. They want to sell their homes but think they can&#8217;t.  As bad as things look they are much better today than a year ago. Home builders have not been building homes so the supply [...]]]></description>
			<content:encoded><![CDATA[<p>A lot of our readers have been ready to downsize or sell their home to move to a better retirement area. They want to sell their homes but think they can&#8217;t.  As bad as things look they are much better today than a year ago.</p>
<p>Home builders have not been building homes so the supply of new homes is around 250,000 the lowest it has been since the early 1970s.  And the supply of resale homes is now about 3.5 million &#8211;quite high, but a million less than this time a year ago.</p>
<p>Homes are selling. They are not selling as fast and the prices are low &#8211;but they are selling.  So here are some tips for selling your home in a tough market.</p>
<ol>
<li>Be reasonable with your price. This is a buyers market. A lot of people let their ego get in the way when setting the sales price. I know your home was worth $375,000 three or four years ago. It really hurts to put it on the market at $275,000 but that may be what it takes.  Its not so bad though because the home you are going to buy to replace this one is also 30% lower. So when you move you are still trading equal value for equal value.</li>
<li>Work with an experienced local agent. Stick with someone who has been selling homes in your community for several years. When I sold my last home I called three real estate agencies and asked them the name of their top salesperson. From that list of three I picked the one with the most experience and local knowledge.</li>
<li>Do all the stuff anyone should do when selling a home. Fix up and paint, clear out closets and garages, spruce up the yard and make sure you have good curb appeal.  All of those things really matter. Spending $2000 on improvements in this market could add $5000 to your sales price and reduce your time on market.</li>
<li>Get rid of your sentimental mindset.  We all have a lot of memories wrapped up in our homes. But this is a business transaction and you need to approach it as such.  If you price your home too high it may sit on the market a long time &#8211;and there is nothing that will reduce your value faster than being on the market too long.</li>
<li>Be prepared to bargain. When I sell a home, I price it about ten percent over the market valuation but then I tell the Realtor to put the word out that I am a motivated seller. People always make a lower offer than your asking price so you need some room to move. If they think they can get the house for $20,000 less than the asking price they think they have the bargain.</li>
<li>Don&#8217;t spend your money or commit to a new house until this one closes. In the old days about 5% of all home deals fell through. Today it is more like 20%.</li>
</ol>
<p>Now is actually not a bad time to sell if you want to downsize or move to a different area to retire.  The retirement destinations like Arizona, Florida, Southern California and Las Vegas were all hit harder than the rest of the country. Housing prices in those locals fell far more than in the rest of the country, so you will probably be able to actually trade up in dollar-for-dollar value if you shop carefully.</p>
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		<title>Where to Keep Your Cash When Rates Are Low</title>
		<link>http://www.officialgeezerguide.com/blog/2010/04/where-to-keep-your-cash-when-rates-are-low/</link>
		<comments>http://www.officialgeezerguide.com/blog/2010/04/where-to-keep-your-cash-when-rates-are-low/#comments</comments>
		<pubDate>Tue, 06 Apr 2010 19:22:46 +0000</pubDate>
		<dc:creator>Skip McGrath</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.officialgeezerguide.com/blog/?p=342</guid>
		<description><![CDATA[Here is another great article reprinted with permission from Money &#38; Markets Dividend Superstars editor Nilus Mattive. Your Choices for Keep-Safe Cash Every time Easter approaches, I find myself thinking of baskets, eggs and all the other words we investors typically associate with portfolios and diversification. So I was certainly ready with plenty of holiday-themed [...]]]></description>
			<content:encoded><![CDATA[<p>Here is another great article reprinted with permission from Money &amp; Markets Dividend Superstars editor Nilus Mattive.</p>
<h2>Your Choices for Keep-Safe Cash</h2>
<p>Every time Easter approaches, I find myself thinking of baskets, eggs and all the other words we investors typically associate with portfolios and diversification.</p>
<p>So I was certainly ready with plenty of holiday-themed metaphors when a friend e-mailed me to say he&#8217;d sold his house and wanted advice on what to do with the proceeds.</p>
<p>Of course, the first thing I told him might surprise you: I didn&#8217;t say to invest in dividend stocks. Rather, I said his primary goal should be establishing a nice liquid emergency fund.</p>
<h2>That begs a good question, of course &#8230;</h2>
<p>Where the Heck Can You Put Your Keep-Safe Cash These Days?</p>
<p>It&#8217;s no secret that interest rates are pitiful. And as I told my friend, you shouldn&#8217;t expect much of a return on your emergency funds. Instead, your main goal is having peace of mind and the wherewithal to survive life&#8217;s twists and turns.</p>
<p>For that reason, this account should be considered separate from the uninvested cash in a brokerage account. (That money is best left in a money market fund, either Treasury-only or otherwise at this point.)</p>
<p>Certificates of Deposit (CDs) are clearly the old standby, favored by retirees and conservative investors across the country. That&#8217;s because they are readily available and generally very safe — until January 1, 2014 your deposits are insured up to $250,000 at each financial institution ($100,000 thereafter).</p>
<p>The two big problems are: Penalties for early withdrawals and paltry rates right now.</p>
<p>In my opinion, the penalties are enough of a reason to look elsewhere for a liquid savings vehicle. But if you think there&#8217;s only a slim chance you&#8217;ll need the cash over the life of the CD, they might be okay.</p>
<p>If so, you can find the best current CD rates by using a website like www.bankrate.com. Depending on the term and how much you invest, you should be able to get 3 percent or more. Not bad, but remember that the longer you lock your money up, the greater the chance that interest rates will rise and inflation will outpace your return.</p>
<p>Personally, I would trade higher yields for a greater emphasis on shorter maturities right now.</p>
<p>The first and most important part of any nest egg, is a solid chunk of cash.</p>
<p>Traditional savings and checking accounts are another option. They clearly offer the liquidity you want in an emergency account, but your local bank is probably offering a very poor rate of return right now.</p>
<p>So my suggestion is to start looking nationally using websites like www.checkingfinder.com and www.money-rates.com. A number of financial institutions are working hard to attract new capital at very favorable rates with high-yield savings accounts and so-called &#8220;reward&#8221; checking accounts.</p>
<p>Many of the best current rates are now coming from online-only banks (often subsidiaries of household-name brick and mortar franchises). Examples include OnBank (a division of M&amp;T Bank in NY), FNBO Direct (First National Bank of Omaha) and Ally (formerly known as GMAC Bank).</p>
<p>It&#8217;s worth noting that these accounts often carry a litany of restrictions and requirements such as receiving statements electronically, making regular direct deposits, using debit cards for purchases, etc. Moreover, many of the attractive rates are only applicable on a certain level of deposits (often $25,000).</p>
<p>Still, if you&#8217;re willing to play the game &#8230; and even spread your money around at a few institutions &#8230; you can certainly earn a much higher return than you might believe possible.</p>
<p>What about <strong>bonds</strong>? For liquid savings, they would be my least preferred choice because you will not have FDIC insurance and <em>CAN</em> experience capital losses. And I would absolutely insist that you stick only to <em>very</em> short-term bond mutual funds and ETFs.</p>
<p>That said, there <em>are</em> relatively conservative funds that are paying out a percent or two in annual interest.</p>
<p>For example, in Treasuries, the iShares Barclays 1-3 Year Treasury Bond ETF (SHY) yields 1.1 percent and carries an expense ratio of 0.15 percent. Meanwhile, Vanguard&#8217;s Short-Term Investment Grade fund (VFSTX), which invests in high-quality corporate bonds, currently yields about 2.3 percent. You can find comparable investments from plenty of other low-cost fund families, too.</p>
<p>Again, I&#8217;m not saying that a yield of 1 percent or 2 percent is much to get excited about. And for the bulk of your investments, especially your retirement funds, I have <em>many </em>ideas that will produce double, triple, and quadruple those numbers.</p>
<p>However, we should all recognize the importance of an ultra-safe, ultra-liquid emergency fund &#8230; that is kept in an entirely different basket.</p>
<p>Best wishes,</p>
<p>Nilus</p>
<p style="text-align: center;">+++++++++++++++++++++++++</p>
<p>This investment news is brought to you by Money and Markets. Money and Markets is a free daily investment newsletter from Martin D. Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Dr. Weiss is a leader in the fields of investing, interest rates, financial safety and economic forecasting. To view archives or subscribe, visit <a href="http://www.moneyandmarkets.com" target="_blank">www.moneyandmarkets.com</a>.</p>
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		<title>SUSTA is a Great New Sweetener and Maybe a Great Stock Too</title>
		<link>http://www.officialgeezerguide.com/blog/2010/03/susta-is-a-great-new-sweetener-and-maybe-a-great-stock-too/</link>
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		<pubDate>Thu, 11 Mar 2010 19:12:56 +0000</pubDate>
		<dc:creator>Skip McGrath</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.officialgeezerguide.com/blog/?p=338</guid>
		<description><![CDATA[I was doing some investment research recently looking for good low-priced stocks that would make a long-term investment.  I really like small company stocks, as they have the potential for explosive gains.  Sure I have IBM and Exxon in my long-term retirement portfolio and they have the potential to grow, 5, 10 or even 15% [...]]]></description>
			<content:encoded><![CDATA[<p>I was doing some investment research recently looking for good low-priced stocks that would make a long-term investment.  I really like small company stocks, as they have the potential for explosive gains.  Sure I have IBM and Exxon in my long-term retirement portfolio and they have the potential to grow, 5, 10 or even 15% per year.  But small companies can explode where they gain 100% per year –or even in a few months.  Yes – the risk is higher, but that’s why I keep them to a very small percentage of my portfolio.</p>
<p>I first heard about <a href="http://www.nxtnutritionals.com/susta-overview" target="_blank">NXT Nutritionals</a> (symbol: NXTH) from A Charles Payne newsletter. NXT Nutritionals makes a product called SUSTA in the sweetener market to compete with products like Sweet &amp; Low and Splenda, my current favorite sweetener until I found SUSTA.</p>
<p>As part of my research I decided to buy the product and try it.  Its not yet sold here on the West Coast, so I ordered it from their web site.  Wow –I was hooked within a couple of days. It tastes better than Splenda and its much better for you. Originally designed as a sweetener for diabetics, it has crossed over into the consumer market.  This is a cutting-edge, natural sweetening system that is starting to capture a significant share of the alternative sweetener market.</p>
<p>Here is a link to the <a href="http://www.nxtnutritionals.com/susta-overview" target="_blank">SUSTA website</a> where you can read all the product details.</p>
<p>Not only does SUSTA sweeten the taste of food without the side effects of sugar or chemicals, it also contains healthy probiotics; vital dietary fiber; antioxidants and key cellular nutrients that can lead to increased metabolism.  SUSTA simultaneously supports the health of the bones, heart and immune system. This is a great product for all of us Geezers who need to watch their weight or blood sugar.</p>
<p>SUSTA is currently being sold as a stand-alone sweetener in a 50-packet box and as a yogurt smoothie under the Healthy Dairy brand name. I can’t get these here in the West, but I was back East a few weeks ago and found them in a Kroger store. I am not a huge yogurt fan, but these were really great tasting and seemed to give me a slight energy lift.</p>
<p>SUSTA also announced the launch of a baking version of the sweetener called SUSTA Bowl. That product is currently available for pre-order on their e-commerce site, www.sustastore.com. The company says that pre-orders have been coming in robustly. They hope to have the product packaging ready soon for retail distribution.</p>
<p>The 50-packet boxes of SUSTA are now available in more than 1,900 supermarkets in the Northeast region, Kroger markets in Columbus, OH and Albertson’s Stores in Texas, Arizona and Florida. In New York City, we recently added such premier chains as Gristedes and D’Agostinos.</p>
<p>So if you are a diabetic or just like to use sweeteners instead of sugar, give SUSTA a try.  I think you will love the product.</p>
<p>I don’t recommend specific stocks to others, but if you like to invest in small company stocks, take a look at NXTH –but do your own research. The stock recently fell due to the company issuing more stock to raise capital for expansion and is now selling for around $0.70.  That means you can buy 100 shares for around $70.00.</p>
<p>Small stocks like this are thinly traded and they can really bounce around. It has already swung twice as high as $3.00.  My sell point is $5.00 and I am willing to hold it for a couple of years for a gain like that, so if you do decide to invest, take the long term view so you don’t get whipsawed.</p>
<p><strong>Full Disclosure</strong>:  I did decide to invest in NXTH so I own the stock.</p>
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		<title>MAKE MONEY SELLING COUPONS ON EBAY</title>
		<link>http://www.officialgeezerguide.com/blog/2010/02/make-money-selling-coupons-on-ebay/</link>
		<comments>http://www.officialgeezerguide.com/blog/2010/02/make-money-selling-coupons-on-ebay/#comments</comments>
		<pubDate>Sun, 07 Feb 2010 21:24:50 +0000</pubDate>
		<dc:creator>Skip McGrath</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.officialgeezerguide.com/blog/?p=317</guid>
		<description><![CDATA[I just finished a great new book: How To Sell Coupons on eBay and Really Make Money.  I bought the book because selling coupons is one of the great niches I talk about in my book, Ten Little Known, Highly Profitable eBay Niche Markets.  Basically I wanted to see if I had missed any techniques. [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: left;">I just finished a great new book: How To Sell Coupons on eBay and Really Make Money.  I bought the book because selling coupons is one of the great niches I talk about in my book, <a href="http://www.skipmcgrath.com/products/Niche-Markets.shtml">Ten Little Known, Highly Profitable eBay Niche Markets</a>.  Basically I wanted to see if I had missed any techniques. It turns out that I hadn&#8217;t, but the author of this book, goes into quite a bit more detail.</p>
<h2 style="text-align: left;">How To Sell Coupons on eBay and Really Make Money</h2>
<p style="text-align: left;"><iframe src="http://rcm.amazon.com/e/cm?t=skipmcgratsau-20&#038;o=1&#038;p=8&#038;l=as1&#038;asins=145055749X&#038;fc1=000000&#038;IS2=1&#038;lt1=_blank&#038;m=amazon&#038;lc1=0000FF&#038;bc1=000000&#038;bg1=FFFFFF&#038;f=ifr" style="width:120px;height:240px; margin: 0 20px 0 0;" scrolling="no" marginwidth="0" marginheight="0" frameborder="0" align="left"></iframe>Here is a banner to the book on Amazon &#8211;or you can probably order it from your local bookstore.</p>
<p style="text-align: left;">It is a short &#8211;but excellent read. This guide will teach you step-by-step how to sell coupons and earn $500 or more a week in your spare time. With today&#8217;s rocky economy and unsteady job market, there&#8217;s never been a better time for you to earn extra cash on the world&#8217;s number one auction website!</p>
<p style="text-align: left;">If you would like to learn about more interesting and easy to enter profitable niches on eBay, get a copy of my book <a href="http://www.skipmcgrath.com/products/Niche-Markets.shtml">Ten Little Known, Highly Profitable eBay Niche Markets</a>. We just finished the update for 2010.</p>
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