Comments on: Lehman Brothers Bankruptcy and Merrill Lynch Buyout – What Do They Mean to You? http://moneysmartlife.com/lehman-brothers-bankruptcy-and-merrill-lynch-buyout-what-do-they-mean-to-you/ Money Tips for a Better Life Thu, 17 May 2012 16:08:14 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Weekly Round up: I’ve Been Busy Edition | Twenties Money http://moneysmartlife.com/lehman-brothers-bankruptcy-and-merrill-lynch-buyout-what-do-they-mean-to-you/comment-page-1/#comment-108011 Weekly Round up: I’ve Been Busy Edition | Twenties Money Sun, 21 Sep 2008 19:38:25 +0000 http://moneysmartlife.com/lehman-brothers-bankruptcy-and-merrill-lynch-buyout-what-do-they-mean-to-you/#comment-108011 [...] Money Smart Life writes about the recently Lehman Brothers and Merryl Lynch buyouts and what they mean for us. [...] [...] Money Smart Life writes about the recently Lehman Brothers and Merryl Lynch buyouts and what they mean for us. [...]

]]> By: Rob Viglione http://moneysmartlife.com/lehman-brothers-bankruptcy-and-merrill-lynch-buyout-what-do-they-mean-to-you/comment-page-1/#comment-106770 Rob Viglione Wed, 17 Sep 2008 16:40:35 +0000 http://moneysmartlife.com/lehman-brothers-bankruptcy-and-merrill-lynch-buyout-what-do-they-mean-to-you/#comment-106770 I read an interesting article today talking about how a money market fund is writing off 3% of its assets as being worthless due to Lehman's collapse. The fund also initiated a 7 day redemption period for cash withdrawals over $10K. This is just one scary example of how investment bank failures can impact ordinary folks. This sounds kind of perverse to say right now, but this is a potentially tremendous buying opportunity! I certainly don't recommend pushing all your chips onto the table, but maintain your discipline of periodic asset acquisition, i.e. keep pumping regular contributions into your retirement accounts and keep with your initial plans of asset allocation weightings. In particular, this is a great opportunity to buy quality US and EU companies for deep discounts. Also consider maintaining emerging market exposure, picking up Chinese, Brazilian, BRIC, and other foreign index shares with every down tick. Don't go nuts, but maintain discipline and keep buying through the storm. When it clears you will be happy to have done so. I read an interesting article today talking about how a money market fund is writing off 3% of its assets as being worthless due to Lehman’s collapse. The fund also initiated a 7 day redemption period for cash withdrawals over $10K. This is just one scary example of how investment bank failures can impact ordinary folks.

This sounds kind of perverse to say right now, but this is a potentially tremendous buying opportunity! I certainly don’t recommend pushing all your chips onto the table, but maintain your discipline of periodic asset acquisition, i.e. keep pumping regular contributions into your retirement accounts and keep with your initial plans of asset allocation weightings.

In particular, this is a great opportunity to buy quality US and EU companies for deep discounts. Also consider maintaining emerging market exposure, picking up Chinese, Brazilian, BRIC, and other foreign index shares with every down tick. Don’t go nuts, but maintain discipline and keep buying through the storm. When it clears you will be happy to have done so.

]]> By: Financial Turmoil and Hurricane Ike in My Last Week at Work http://moneysmartlife.com/lehman-brothers-bankruptcy-and-merrill-lynch-buyout-what-do-they-mean-to-you/comment-page-1/#comment-106734 Financial Turmoil and Hurricane Ike in My Last Week at Work Wed, 17 Sep 2008 13:26:07 +0000 http://moneysmartlife.com/lehman-brothers-bankruptcy-and-merrill-lynch-buyout-what-do-they-mean-to-you/#comment-106734 [...] Lehman Brothers Bankruptcy and Merrill Lynch Buyout - What Do They Mean to You? [...] [...] Lehman Brothers Bankruptcy and Merrill Lynch Buyout – What Do They Mean to You? [...]

]]> By: Le Pecq http://moneysmartlife.com/lehman-brothers-bankruptcy-and-merrill-lynch-buyout-what-do-they-mean-to-you/comment-page-1/#comment-106327 Le Pecq Tue, 16 Sep 2008 09:13:37 +0000 http://moneysmartlife.com/lehman-brothers-bankruptcy-and-merrill-lynch-buyout-what-do-they-mean-to-you/#comment-106327 Finance world is very crazy... i can't believe a big company as Lehman is dead !... poor capitalism... Finance world is very crazy… i can’t believe a big company as Lehman is dead !… poor capitalism…

]]> By: Monroe on a Budget » What are the money bloggers saying about today’s headlines? http://moneysmartlife.com/lehman-brothers-bankruptcy-and-merrill-lynch-buyout-what-do-they-mean-to-you/comment-page-1/#comment-106178 Monroe on a Budget » What are the money bloggers saying about today’s headlines? Mon, 15 Sep 2008 22:03:52 +0000 http://moneysmartlife.com/lehman-brothers-bankruptcy-and-merrill-lynch-buyout-what-do-they-mean-to-you/#comment-106178 [...] The interesting headlines include How TV business networks covered the bank failures and What do they mean to you? [...] [...] The interesting headlines include How TV business networks covered the bank failures and What do they mean to you? [...]

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