Rising rates are not always bad. From the standpoint of debt you'll likely see rates on your credit cards rise, which can cost you more money. On the other hand, if you are investing you can make more money while the rates are higher or rising. If you have a lump of cash come in you have to decide where to put it.

So where do you think you are in relation to building enough money up to retire comfortably? Or at all? Or will you have to continue to work part time when you should be retired? It's well known that as a nation we are not saving enough for retirement.

WONDERING IF A GLOBAL FUND MIGHT BE WORTH CONSIDERING FOR YOUR IRA OR 401(K) INVESTMENTS?

Despite a nearly 50% rebound in the US stock markets since March of this year, look how the DowJones has performed compared to the markets in other countries over the last 5 years. This data is current through 8/30/09. Looks like the US has some catching up to do!

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