US earnings data ease concerns in Asia


Robust quarterly reports from economic bellwethers such as Caterpillar and 3M temper concerns about a global slowdown ahead of European bank stress test results


Your Wealth is More Than Your Retirement Account


The stock market industry is on fire (with marketing.)  You can’t go 5 minutes without hearing about how the DOW did today or which stock Jim Cramer is picking (and then not picking, and then picking again.)  Stocks are definitely the sexiest of the standard investments, but your whole wealth picture should be focused on when you make your planning.  Here are some areas that aren’t often thought about as much or counted too much on.
Your Home
Property investments are an important asset class.  Property is easily leveraged by the normal person (your mortgage) so that you can make good gains of very little initial investment.  Generally there are not large losses in property and the price increases outpace wages by a little bit.  The part where people get into trouble is they count their home as wealth.  True it does hold value, but do you really intend on selling it and downsizing in your older years?  The home as personal feelings attached to it unlike your investments in 3M so really understand if your home is comfort or wealth upfront.
Your Business
Running your own business, even a small one, can really boost your retirement years.  Most of us need to save up $24,000 in cash to pay ourselves $100 a month from in retirement (without eating the principal.)  Even a hobby business that you enjoy doing can produce more than $100 a month selling on eBay or to friends.  It’s worth consideration to reduce your final investment needs or even just some extra spending money.  Also, a business can often be sold for a lump sum of cash.
Social Security
The younger you are the less I would consider social security as part of your retirement income.  If you are further along your road to retiring though this can clear a large part of the gap in your savings.  If your younger than 30 I would just consider it a nice bonus if you get it.