In this issue

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Jan 10, 2012/ 15 Teves, 5772

Confusion vs. My Nest Egg

By Tom Purcell

http://www.JewishWorldReview.com | After a volatile 2011, the stock market is off to a relatively good start in 2012 -- at least as I'm writing this -- though I'm still plenty confused about my retirement savings.

My confusion kicked into high gear in 1987 when the market plunged 508 points in one day, losing 22 percent of its value and killing my IRA.

The experts had lots of explanations after the collapse, but most failed to see it coming.

I vaguely remember the Asian financial crisis of 1997, too. It caused another Wall Street collapse that the experts didn't see coming.

Afterward, they explained that some banks in Thailand had credit problems. This caused a run on the baht, which is either the Thai currency or a really tasty dish along the lines of Gen. Tso's chicken.

Well, the bank run caused other Asian currencies to suffer, which caused the Hong Kong stock market to take a hit, which caused fear and panic at other stock markets throughout the world, which eventually caused a bunch of New York guys in suits to jump out windows.

And my IRA took another beating.

There have been lots of confusing ups and downs since then. I have been confused by the tech-stock bubble collapse of 2002, the housing bubble collapse of 2008 -- thousands of experts completely missed that one -- and the highly volatile stock market of the last three years.

If only the experts had had the same economics professor as I did back in 1984.

Purcell: "A rapidly growing economy is good, sir, because then we can all get rich!"

Professor: "Rapid growth causes inflation, you nitwit!"

Purcell: "Low unemployment is terrific because that means everyone gets to have a job!"

Professor: "Low unemployment can cause wage pressures, which cause inflation, you idiot!"

Believe it or not, I got an A-plus in the class. I answered every test question with the exact opposite of what I thought was right.

Boy, did that approach help in 2006 when housing values were soaring and everybody was jumping in. I, a lousy English major, warned everyone I knew to do the opposite! Son of a gun if a massive collapse didn't occur soon after.

For the most part, though, I and the experts remain confused.

That's because everything is linked together in ways even economic geniuses can't comprehend. Governments around the world have their tentacles all over the marketplace.

Thus, every time a Chinese communist sneezes, worldwide sell-offs follow. When Angela Merkel has a bad hair day, Mercedes stock plummets. When Benjamin Netanyahu gets a pimple, oil prices soar.

At least I think that's what happens.

That's why part of me is nostalgic for the old days, when America was largely self-contained.

We created jobs by manufacturing and buying our own cars. We drove the cars for two years, until they rusted into the ground, which caused us to buy more cars, which created more jobs!

But not anymore. American cars are built with motors made in Mexico, bumpers made in Brazil, ignition systems made in Taiwan, bodies assembled in Canada. You want an American car? Buy a Honda. They make those in Ohio.

In any event, all this interweaving of international investment means anything that happens anywhere can make or break my retirement.

It means European countries that overspend, overborrow and eventually collapse will have a painful impact on an America that continues to overspend, overborrow and will -- if we don't get our act together -- eventually collapse.

That's why I'm so confused about my retirement savings.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Comment on JWR Contributor Tom Purcell's column, by clicking here. To visit his web site, click here.


© 2012, Tom Purcell