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Greed, debt, complexity and hubris…these are the first four words that come to mind after finishing Henry M. Paulson, Jr.'s On the Brink. Mr. Paulson has done us all a big favor in chronicling America's biggest financial debacle since the Depression. At the end of the day, I think America has Mr. Paulson, Mr. Bernanke, and, a guy I'm less-than-keen on, Tim Geithner, to thank for a job well done. But the piper has yet to be fully paid, and a painful payday lies ahead. Today, the single-greatest risk to your family's wealth is the combination of much higher interest rates and inflation. So what's your move? My 60/30/10 plan forms the investment foundation for you. You should always focus on generating steady cash flow for your portfolio, and this month I cover how to do so with high-grade bonds, low-volatility utilities, and the stocks in my monthly Top 10 Countdown. And if you are one of the investors still skeptical of utilities because you believe they are only appropriate for widows and orphans, I've got some math for you that may be shocking. more >>
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