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Ashford Creative Wealth Newsletter - July 2009To view this month's newsletter, please click on the PDF file located at the bottom of the page.This month's newsletter features the following articles: Deciding to Stay the Course Or Voting For Change The economic turmoil of the past 18 months has prompted many people to reconsider their financial decisions. But what is the basis for making a change (or continuing on the same path)? This is why having a financial philosophy matters. Statistics Can Tell A Story – But Does it Make Sense? The numbers are real, but nine years, financial observers aren’t sure what to make of the data. A short piece of how a bull and bear market can occur at the same time. Some Cautionary Observations on Bankruptcy According to several financial experts, filing for bankruptcy is a growing trend, one that some people are pursuing as a pre-emptive measure to protect assets. An overview of the history of bankruptcy, the basic format in the United States – and some cautions about the consequences of choosing this method of financial relief. Financial Literacy: Adjusted for Inflation… A gallon of gasoline costs much more today than 30 years ago, at least in “nominal” terms. But what if you adjust the price to account for inflation? Which gallon is cheaper, the one from 1979 or the one from 2009?
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