I first heard about NXT Nutritionals (symbol: NXTH) from A Charles Payne newsletter. NXT Nutritionals makes a product called SUSTA in the sweetener market to compete with products like Sweet & Low and Splenda, my current favorite sweetener until I found SUSTA.

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.

Here is a link to the SUSTA website where you can read all the product details.

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.

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.

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.

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.

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.

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.

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.

Full Disclosure:  I did decide to invest in NXTH so I own the stock.

How To Sell Coupons on eBay and Really Make Money

Here is a banner to the book on Amazon –or you can probably order it from your local bookstore.

It is a short –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’s rocky economy and unsteady job market, there’s never been a better time for you to earn extra cash on the world’s number one auction website!

If you would like to learn about more interesting and easy to enter profitable niches on eBay, get a copy of my book Ten Little Known, Highly Profitable eBay Niche Markets. We just finished the update for 2010.

I was recently introduced to the Internet Marketing Report Card (IM Report card).  This is a wonderful free site where you can check out the reputation of any product, service or person related to making money on the internet.

I had no idea that I was reviewed there until one of my radio listeners (www.wsradio.com/skipmcgrath – 10 am every Wednesday) emailed me that I was ranked 3rd in the country out of the top 25 internet marketers. You can read my review at the Skip McGrath Page on IM Report Card.

So take a look at Internet Marketing Report Card. Sign up for a free account (it only takes a minute) and post a comment. If you like any of my books you can write about them. I would love to hear your unbiased comments.

The other thing that is really neat about IM Report Card is that you can actually make money every time you  rate someone or post a comment –or even when you recommend someone.  You won’t get rich, but there are a few active folks who make an extra $50 to$100 a month or so for just a few minutes work each day.  And you are also doing people a service when you warn them away from bad promoters or crappy internet products.

UP to 200 Banks Could Fail in 2010

Washington has so thoroughly botched its supervision of the banking industry that 200 banks are likely to fail this year — easily surpassing last year’s 140 bank failures … inevitably involving the greatest bank losses in history … and already costing the FDIC ten times more than the great S&L and banking crisis of the 1980s did.

I am not basing these conclusions on conjecture. They come straight from official sources. Specifically …

In her testimony before the Financial Crisis Inquiry Commission on Thursday, FDIC Chairman Blair attacked the Fed under Greenspan for causing the housing bubble and subsequent debt crisis with its highly stimulative, low interest rate policy of the 2000s.

She slammed virtually all of Washington for allowing banks to establish a huge, high-risk “shadow banking system.”

And she made it abundantly clear that, without sweeping, far-reaching reforms, we risk another devastating debt crisis.

Each of her conclusions is abundantly obvious and thoroughly documented. What she did not mention, however, are the following equally obvious facts:

Obvious fact #1. The Fed under Bernanke is now pursuing an even more stimulative, lower interest rate policy than it did under Greenspan, threatening to create even larger bubbles and more devastating busts …

Obvious fact #2. In just the last two years, between bank bailouts and easy money, Washington has done more to encourage the growth of the shadow banking system than in all previous years combined, and …

Obvious fact #3. Despite all the talk and testimony, the nation’s powerful banking lobby virtually guarantees that, in the absence of another Wall Street meltdown, the chance of sweeping reforms is virtually nil.

So here’s America’s financial dilemma in a nutshell:

Without sweeping reforms, the nation is doomed to repeat history with another debt disaster. But without another debt disaster, the nation’s political will for sweeping reforms is dead or dying.

In the meantime, the aftershocks of the 2008 debt crisis are getting worse, as the latest news clearly illustrates …

171 actual total failures: In addition to the 140 banks and S&Ls that failed in 2009, 31 credit unions went under, bringing the total tally to 171.

Worse than the 1980s: If you’re among those who think today’s banking crisis isn’t nearly as bad as the great S&L and banking crisis of the 1980s, think again. The average bank failing today is six times larger than it was back then, producing far greater losses. Moreover, each bank failure is costing the FDIC about TEN times more than it did in the 1980s crisis, according to the Meridian Group of Seattle. As a result …

Worst FDIC losses of all time: The FDIC lost more money in bank failures ($36 billion) than it lost in the ENTIRE five-year banking crisis from 1987 through 1992 ($29.6 billion). And in 2010, with the number of failures likely to increase, the losses will be even larger.

Big banks still losing billions with consumers: Until last week, the consensus opinion on Wall Street was that the troubles at the BIG banks were over; that to close this chapter in history, the only task remaining was a mop-up operation at smaller regional and community banks around the country.

That theory was shattered on Friday when JPMorgan Chase revealed it was forced to add $1.5 billion to its consumer loan loss reserves. The big problem: When it took over Washington Mutual last year, the biggest failed S&L of all time, it inherited a cesspool of mortgages that are now going bad at an accelerating pace. Other big consumer banks — like Citigroup and Bank of America — likely face similar woes.

The trading profits of big investment banks are a bubble: What most Wall Street bank analysts still don’t seem to recognize is that the giant trading profits they’ve been so enthusiastic about are generated by the same low-interest Fed policy that created the housing bubble — and is now in the process of creating MORE bubbles.

Without the Fed’s largesse, without the low-cost financing, and without the big risk appetite it generates, most of the big bank trading profits would have been impossible. More to the point: Just as soon as the Fed finally executes an exit plan, the bulk of those profits are likely to turn to losses.

What To Do

First and foremost, do not let up your guard when it comes to keeping your money safe. Yes, I know. With all the talk of the “end” to the crisis and Treasury bills paying virtually nothing, it’s tempting to venture away from safe harbors.

But how much more yield can you get by doing so? If you switch from Treasury bills to bank CDs, for example, the most you can gain is a small fraction of a percent. And if you switch from bank CDs to low-rated corporate debt, the extra yield you get is even less attractive.

In sum …

At this early stage so soon after the worst debt crisis since the Great Depression, the TRUE RISK of putting your money in higher yielding savings vehicles is still very high. Nevertheless, banks and other borrowers are asking you to take that risk WITHOUT paying you more than pennies for it.

My recommendation: Tell them to go fly a kite!

For your keep-safe funds, use strictly short-term Treasuries or equivalent.

Second, if you do other business with a bank or if you still want to keep some part of your savings in bank CDs … at least be sure to avoid the banks most likely to fail and stick with the ones most likely to survive. (For the latest Weiss Lists of the weakest banks and S&Ls, click here. For the strongest, click here.)

Third, bear in mind that, when it comes to your investment decision-making, TIMING is everything.

Last year, the stepped-up pace of bank failures did not derail the weak-but-continuing recovery in the U.S. economy. And for now, that’s bound to remain the case. As soon as we see signs that’s about to change, we’ll do our best to alert you. Until then, we stick with our current posture: Continue to invest, but do so with great caution.

Good luck and God bless!

Martin

About Money and Markets

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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 http://www.moneyandmarkets.com.

“When we get piled upon one another in large cities, as in Europe, we shall become as corrupt as Europe.”

“The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”

“It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.”

“I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.”

“My reading of history convinces me that most bad government results from too much government.”

“No free man shall ever be debarred the use of arms.”

“The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.”

“The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. “

“To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical. “

And, In 1802 Thomas Jefferson said:

“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…”

Signed by Washington on October 3, 1789 and entitled “General Thanksgiving,” the decree appointed the day “to be observed by acknowledging with grateful hearts the many and signal favors of Almighty God.”

While there were Thanksgiving observances in America both before and after Washington’s proclamation, this represents the first to be so designated by the new national government.

Here is what George Washington had to say:

Whereas it is the duty of all nations to acknowledge the providence of Almighty God, to obey His will, to be grateful for His benefits, and humbly to implore His protection and favor; and Whereas both Houses of Congress have, by their joint committee, requested me to “recommend to the people of the United States a day of public thanksgiving and prayer, to be observed by acknowledging with grateful hearts the many and signal favors of Almighty God, especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness:”

Now, therefore, I do recommend and assign Thursday, the 26th day of November next, to be devoted by the people of these States to the service of that great and glorious Being who is the beneficent author of all the good that was, that is, or that will be; that we may then all unite in rendering unto Him our sincere and humble thanks for His kind care and protection of the people of this country previous to their becoming a nation; for the signal and manifold mercies and the favorable interpositions of His providence in the course and conclusion of the late war; for the great degree of tranquility, union, and plenty which we have since enjoyed; for the peaceable and rational manner in which we have been enable to establish constitutions of government for our safety and happiness, and particularly the national one now lately instituted for the civil and religious liberty with which we are blessed, and the means we have of acquiring and diffusing useful knowledge; and, in general, for all the great and various favors which He has been pleased to confer upon us.

And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech Him to pardon our national and other transgressions; to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually; to render our National Government a blessing to all the people by constantly being a Government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed; to protect and guide all sovereigns and nations (especially such as have shown kindness to us), and to bless them with good governments, peace, and concord; to promote the knowledge and practice of true religion and virtue, and the increase of science among them and us; and, generally to grant unto all mankind such a degree of temporal prosperity as He alone knows to be best.

Given under my hand, at the city of New York, the 3d day of October, A.D. 1789.

George Washington, President

So here are some of the best sites I found with tips to budget, save money, reduce expensesmake extra money or  raise some fast cash.

Budgeting

Personal Budgeting is a great site that walks you through the right way to set up a budget. Another great site is Always Frugal. It has tips on on frugal living, suggestions on how to save money on groceries, a budget worksheet and more. Ten tips for staying on a budget from How Stuff Works is also very helpful.

Dave Ramsey has a very different view of budgeting that you may want to look at.

Saving Money  & reducing expenses

The Simple Dollar is a great site with 101 money-saving tips.

DoughRoller has 75 Painless ways to save money

ZenHabits offers up 106 Money-Saving Tips for a Frugal Lifestyle

Frugal Dad gives you over 100 money-saving, expense reducing tips from his readers.

Making Extra Money

The MSN Money Blog offers up 52 ways to make extra cash quickly.

Us News Personal  Finance Blog offers 7 ideas to make extra money in your spare time.

The Wisdom Journal covers 26 ways to make extra money while keeping your job.

Investment risk

There are two risks to any investment: It can go down as well as up as we have seen stocks and real estate do over the past year or so. The other risk people seldom pay attention to is inflation. Right now we have slight deflation. But if the government continues to print money and run larger and larger deficits, there will come a time when investors around the world who hold dollar denominated investments such as treasury bonds and stock in American companies will start dumping them. Since most of our consumer goods are now imported, the falling dollar means that the price of those goods in dollars will rise. The first commodity to do that will be oil. Since the world wide price of oil is set in dollars, a weaker dollar will mean higher priced oil in dollars.

Gold and Inflation

The price of gold is inversely proportional to the value of the dollar. As the dollar falls the price of gold goes up. This makes gold –and to the same extent silver, a hedge against inflation.

During the early 1980s as the dollar fell in value, the price of gold shot up from $300 to over $1000. As the fed tightened up the money supply and increased interests rates, gold fell back to the $300 range where it stayed for years. But in 2007, the dollar began its slide and gold started up again –hitting a new high last week of $1070.

The Gold Bugs claim that gold could reach $5000. I think that is as far fetched as the Gold Bugs themselves, but serious analysts and investors do believe that gold will certainly hit $1300 in the near term and as high as $1500-$1800 over the next year or so. I tend to agree with them.

How to buy and own gold

There are two easy ways to own gold. You can buy physical gold from several firms such as Blanchard and Goldline –both very old respected large companies. The other way is to buy stocks in gold companies or an exchange traded fund (symbol GLD) that tracks the price of gold on a daily basis.  These last two can be owned in a IRA, Roth IRA or a 401K fund.

Is Gold a safe investment for seniors living on a fixed income?

It can be if you  do it correctly. A little physical gold or silver can be great to have around but I wouldn’t place a large percentage of my savings in that as the price could crash before you can sell it. Trading a fund like GLD or owning stocks in gold mining companies, such as Barrick Gold, is probably better because you can control your risk with Stop Loss Orders and you can trade them instantly.

But like any investment, you don’t want too many off your eggs in one basket. If I were 20 years younger, I might have a higher percentage of my money in gold, silver and other resource stocks, but at my age I think 20% is right for me –but I still have earning power. If I were completely retired and needing to live on my social security and investments, then 10% or even 5% might be safer –but I definitely would have some as a hedge against the inflation that is certainly coming.

Another way to hedge against inflation is with resource stocks such as oil, mining and chemical companies as the price of those goods are highly sensitive to inflation and the value of the dollar and would increase as well if the dollar continues sliding.

When to sell your gold

The best time to sell any commodity is when everyone else is buying.  My youngest son was investing in real estate. He started in 2003. During early 2007 (when the real estate boom was about to bust but we didn’t know it) I was watching a TV show –I think it was Dateline or 20/20. They were doing a story about ordinary people getting rich in real estate in Florida. They were interviewing a manicurist who owned 4 pieces of property and was about to buy a million dollar condo that wasn’t even built yet. I tuned to my son who was visiting at the time and told him it was time to sell his real estate. He asked me why and I said because the best time to sell anything is when everyone is buying. that is always the sign of an impending bubble bursting.  Right now a lot of investors that understand what is happening in our economy and with the dollar are buying gold –but when every one of your friends and neighbors and people you know are unsophisticated about investing start buying gold –that will be the signal to sell and take your profits.

US News and World Report has just issued their waterfront retirement report.

“Few retirees would complain about spending each evening watching the sunset sparkle off the water, if it weren’t for the B-word. Budget. Most condos with an ocean view will gobble up even more of your nest egg than the stock market did last year. However, if you’re willing to spend your golden years by a lake, river, or bay, a retirement filled with beach bumming and sandcastle building is still attainable. Read the rest of the story…..

+++++++++++++++++++++++++++++

The Official Geezer Guide to Selling Online helps seniors find legitimate ways to make money online.

The story is in two parts. First click here to see the picture version of the 10 best places to retire. When you get to that page just click on the arrows right above the name of the country and it will play throuogh all ten locations. 

Then click here to read the story and get some advice about retiring overseas.

Both features make fascinating reading even if you are not thinking of retiring overseas.