Category: News

How to Rescue Your Retirement from “Black Swan” Events that Can Scramble Your Retirement Plans

March 11th, 2020 by Pamela Yellen | Leave a Comment

Did you see the coronavirus pandemic coming?

Did you anticipate the disruptions to travel, schools closing, major events being canceled, quarantines, cities and states declaring states of emergency, employees told not to come into work, and chaos at stores as people panic to buy necessities?

Did you expect the Saudis and Russia would start an oil price war – precisely as panic over COVID-19 was reaching a fever pitch – causing crude oil prices to collapse in the biggest one-day move in 30 years?

Did you see it coming that investors would wake up on March 9 drowning in so much fear that panic selling in the market caused a “circuit breaker” to trip and halt trading for 15 minutes, to hopefully allow panic to subside? [Read more…] “How to Rescue Your Retirement from “Black Swan” Events that Can Scramble Your Retirement Plans”

Three Ways to Protect Your Heath and Wealth from COVID-19 Coronavirus

February 26th, 2020 by Pamela Yellen | Leave a Comment

On February 21, a director for the Center for Disease Control (CDC) told reporters that health officials are preparing for the COVID-19 coronavirus to become a pandemic, saying, “It’s very possible, even likely, that it may eventually happen.”

The Director noted that the “day may come” where we have to close down schools and businesses like China and other countries have done.

The coronavirus is now spreading rapidly in countries outside of China, including “first world” countries like Italy.

Stock markets around the world have been plunging. And if this situation continues to deteriorate, we could easily be entering a prolonged recession and could see the long-overdue major stock market crash I’ve been warning you about.

The Coronavirus is a “Black Swan Event”

A “black swan event” is an event in human history that was unprecedented and unexpected when it occurred. The 2008 financial crisis is considered to be a black swan event, as is the dot-com bubble of 2000.

And we all know how badly those events ended. [Read more…] “Three Ways to Protect Your Heath and Wealth from COVID-19 Coronavirus”

The Movie You MUST See If Your Money is in the Market

February 2nd, 2016 by Pamela Yellen | Leave a Comment

You probably already know – or at least strongly suspect – that Wall Street is rigged. And not in favor of the little guys and gals like us.

But this blog post should lay any doubt about that to rest…

Let’s start with the movie you must see if you have any money invested in the market (or need a reminder of why you yanked it out in the first place).

The Big Short is based on the New York Times best seller by Michael Lewis. The main characters are played by Brad Pitt, Ryan Gosling and Steve Carell.

the-big-short It recounts the story of a handful of Wall Street traders who (ultimately) made a fortune by betting against the mortgages that caused the housing bubble… and subsequent crash and Great Recession. [Read more…] “The Movie You MUST See If Your Money is in the Market”

The Secret Connection Between Health and Wealth

September 2nd, 2014 by Pamela Yellen | Leave a Comment

Is there a connection between your physical health and your financial wealth?

Absolutely! And it’s more important than you may realize…

When you’re not in good health, you’re not as effective on the job, in your investing strategies or at home.

Often, the price we pay for inattention to the care and feeding of our bodies doesn’t become evident for years or even decades. However, when the tab finally does come due, it is often shockingly high and can instantly erase a life’s worth of careful financial planning.

Diabetes… a heart attack… cancer can all drain tens – or even hundreds – of thousands of dollars out of your pocket over time.

Other tolls, such as worry, insecurity and loss of companionship, can’t be measured in dollars.

I’ve been a “health nut” for decades – reading and learning voraciously about ways to prevent and cure illness without relying on drugs, surgery or other invasive, debilitating procedures.

What I’ve discovered is that there is a whole world of natural alternative cures that you and I weren’t being told about.

Which is why I want to introduce you today to Dr. Stephen Sinatra – the world-renowned cardiologist and nutritional expert who’s advice my family has found incredibly helpful and effective.

Cardiologist Cures Chronic Conditions… Without Drugs

A Special Message for Women Who Want to Be Financially Independent

August 22nd, 2014 by Pamela Yellen | Leave a Comment

Best Kept Secrets of Successful Women - Financial Edge — Free Bonus Report when you subscribe to the Women’s Financial Edge

I was really excited when one of the largest consumer newsletter publishers in the world, Agora Publishing, asked me to be the Editor-In-Chief of The Women’s Financial Alliance, a new publishing franchise dedicated to helping women grow their wealth safely and enjoy a richer lifestyle.

We launched a free e-letter – The Women’s Financial Edge – at the beginning of May, and it’s being extremely well received. We’ve already been featured in USA Today, CNBC, Huffington Post, The Detroit Free Press and more.

If you haven’t already subscribed, you can do so here right now. And when you do, you’ll be able to instantly download our Bonus Report, The Best-Kept Secrets of Successful Women.

This Report contains 28 powerful, easy-to-implement strategies and tips for saving more, avoiding costly financial mistakes, saving a relationship, gaining a career advantage most men will never have, getting more done in one day than most people do in a week, losing weight effortlessly, and much more! (Get this Report instantly when you sign up to receive the Women’s Financial Edge here.)

Perhaps you’re wondering…

Do Women Really Need or Want Different Financial Advice than Men?

Good question! And one I asked myself when I was first offered the position of Editor-In-Chief of this new publication. That got me doing a lot of research, and I was surprised by what I discovered…

Pamela Yellen Named Top Personal Finance Influencer

July 21st, 2014 by Pamela Yellen | Leave a Comment

I’ve just been named one of the 30 most influential people in personal finance and wealth, and I wanted to share the exciting news with you!

Starting with a field of more than 1,000 finance experts, the study (commissioned by MoneyTips) used a rigorous process to score and rank each expert to whittle it down to a ranked list of the top 30 influencers in wealth and personal finance.

I’m ranked #19 on this list of the Top 30 social influencers impacting Americans’ financial lives.

The list was published last week on the Huffington Post, titled, What the Top 30 Personal Finance/Wealth Influencers Know That You Don’t. I was also one of a handful of the top experts quoted in the article.

I am very gratified by this acknowledgement. For the past decade I’ve devoted my life to educating people about alternatives to traditional investing and retirement planning that have enabled hundreds of thousands of people to stop using the crystal-ball-hope-and-pray method of financial planning and start knowing how good their financial future can be.

And I’ve learned several important lessons along the way – I’ll share the most important one with you in a moment.

Pamela Yellen’s untold story (part 2 – the ugly Halloween mask)

June 10th, 2014 by Pamela Yellen | Leave a Comment

Your time is limited, so don’t waste it living someone else’s life… And most important, have the courage to follow your heart and intuition.” – Steve Jobs

At the end of my circus adventure (if you missed the story about my riding an elephant in a skin-tight gold sequined leotard, you can read all about it here), I returned to Sarasota, Florida. And I have to confess, I was beginning to feel a little restless.

My dating life was non-existent and I couldn’t afford to keep buying men (it’s not what it seems!). I had been working as the sales manager for a specialty publication for three years. Work was fine, but not very exciting and not something that I was passionate about.

All in all, my life was okay. Just okay. Yawn!

Is Pamela Yellen related to Janet Yellen?

June 2nd, 2014 by Pamela Yellen | 4 Comments

People often confuse me – Pamela Yellen – with Janet Yellen, the former chairman of the Federal Reserve.

I can understand the confusion – we share the same relatively rare last name (“Yellen”), we’re both women in finance (a male-dominated field), and we’re only six years apart in age. But that’s where the similarities end.

Janet Yellen is the former head of the Fed, while if I were nominated, my first course of action would be to abolish the Fed. I’ll tell you why in a moment…

Alas, I am not hopeful about the future of the economy with Ms. Yellen or Mr. Powell at the helm. The Fed is still printing money 24/7, forever blowing asset bubbles (and the inevitable bursts that follow), and throwing seniors and savers under the bus by keeping interest rates artificially – and dangerously – low.

Of course, if this strategy works so well, why did we experience the slowest rebound from a recession in memory (if not in history)?

There are a lot of reasons I’d abolish the Federal Reserve…

For starters, it’s not federal, nor are there any reserves. It was conceived in 1910 during a secret meeting on Jekyll Island in Georgia of seven wealthy and well-connected bankers who controlled one-fourth of the total wealth of the entire world. Its purpose was to birth a banking cartel to protect its members from competition. (A fascinating book on this topic is The Creature from Jekyll Island, by G. Edward Griffin, available here on Amazon.com.)

Bank On Yourself Revolution hits New York Times best-seller list!

February 28th, 2014 by Pamela Yellen | 6 Comments

I just found out my new book, The Bank On Yourself Revolution, hit #4 on The New York Times best-seller list the first week it was released!

It also hit #1 on Amazon and the Barnes & Noble website.

And it hit the USA Today best-seller list.

Order your copy here today and save 27%!

One week after the book was released, my publisher had to rush to do a second printing, because they said the book has been flying off the retailers’ shelves.

I’m incredibly gratified by this response, as I poured my heart and soul (along with a lot of blood, sweat and tears) into this book.

If you haven’t gotten your copy of The Bank On Yourself Revolution yet – or you’d like to get additional copies for friends and relatives – why not grab yours now, before the current stock runs out?

Order The Bank On Yourself Revolution at a 27% discount right here.
[Read more…] “Bank On Yourself Revolution hits New York Times best-seller list!”

Wall Street Wall of Shame: A Month of Scams, Scandals and Shenanigans

October 1st, 2013 by Pamela Yellen | 2 Comments

Seems like every time I turn around there’s yet another scam artist on Wall Street ripping us off! Everywhere I look, some financial whiz kid is making a buck for himself out of the hard-earned dollars of everybody else!

But I dunno – is it really that bad? Maybe I’m exaggerating?”

So I decided to check it out and track the scandals of banks and Wall Street for just one month. I picked August (August, 2013), because, heck, it’s summertime and things should be pretty slow on the scams, scandals and shenanigans front, right? I mean, aren’t all those guys off in their multi-zillion dollar summer homes in the Hamptons or the Caribbean during August? Kinda like Congress where nothing at all happens when they go on recess?

Turns out the answer is yes and no. Yes, they were off vacationing, but no, that didn’t slow them down. In this should-be-sleepy month of August, I found dozens of reports and articles that made me cringe, cry, gnash my teeth and spit!

Here are some of the month’s lowlights:

#1: When It Sounds Too Good to Be True, It Is!

SAC Capital Advisors is accused of running a corrupt hedge fund. Evidence of insider trading is substantive, though SAC claims that it was “hard work and know-how” that created the firm’s 30% annual returns over the past couple of decades. The indictments against the firm say otherwise.

But oddly, Steven Cohen, hands-on manager and founder of the firm, isn’t named in the indictments. Gosh and golly, it turns out he “doesn’t read his emails” so isn’t responsible. In fact, this month Cohen threw a lavish party at his ten-bedroom, 9,000-square-foot home in the East Hamptons while those of us without insider information fired up burgers on the grill.
[Read more…] “Wall Street Wall of Shame: A Month of Scams, Scandals and Shenanigans”