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The dawn of a new decade brings about new and exciting economic adventures. The globalization of the world economy and the development of previously underdeveloped countries allows for hungry investors to exploit new markets. However, some of these countries have ongoing civil and economic problems that make them a hazardous investment.

SmarterSpend has compiled a list of top ten ‘traditionally less known’ countries where investments can prove highly beneficial- whether it is a business or a real estate purchase. These countries are in no particular order.

Scroll through and let us know what you think.

1. Belarus

Belarus Buildings

2008- 2009 GDP Growth Rate: 10.0 %
GDP: $118 billion
Population: 9.6 million
Human Development Level (HDI): 0.817
Government: Presidential Republic
Exports: machinery and equipment, mineral products, chemicals, metals; textiles, foodstuffs
Imports: mineral products, machinery and equipment, chemicals, foodstuffs, metals
Natural Resources: Forests, peat deposits, small quantities of oil and natural gas, granite, dolomitic limestone, marl, chalk, sand, gravel, clay

2. Brazil

SmarterSpend Investment Rating: 10.0 / 10
(+ for diverse economy, stable government, low threat of war/civil unrest, GDP growth, vast untapped natural resources, labor force, upcoming World Cup and Summer Olympics)

Aircraft Industry In Brazil

The Tidbits:
Brazil’s economy is the tenth largest in the world, but with a constant increase and a large population, it will be a focus of international investments in the future. Brazil has a strong agricultural sector fueled by coffee and soybean exports, oil reserves, industrial capability (VALE is a huge mining company), and petrochemicals. The trade balance is positive and there is no reliance on a single trading partner. The 2014 World Cup and the 2016 Summer Olympics, arguably the most international events in the world will be held in Brazil.
Look for Brazil to be in the news in the recent future as investors flock there.

2008- 2009 GDP Growth Rate: 5.1 %
GDP: $1.6 trillion

Population: 192 million
Human Development Level (HDI): 0 .813
Government: Presidential Federal Republic
Exports: transport equipment, iron ore, soybeans, footwear, coffee, autos, automotive parts, machinery
Imports: machinery, electrical and transport equipment, chemical products, oil, automotive parts, electronics
Natural Resources: Forests, peat deposits, small quantities of oil and natural gas, granite, dolomitic limestone, marl, chalk, sand, gravel, clay

3. Slovakia

SmarterSpend Investment Rating: 8.5 / 10
(+ for diverse economy, stable government, low threat of war/civil unrest,  GDP growth. – for landlocked, – for negative growth rate)

Bratislava Financial District

The Tidbits:
Slovakia is a post-communist country in Central Europe and a member of EU, EuroZone, and NATO. Its economy is marked with the lowest income disparity in the world and foreign investment oriented laws. 1.6 million tourists visited Slovakia in 2006 as it features a beautiful natural landscape and rich cultural heritage marked. The southern part of Slovakia (bordering with Hungary) is known for its rich farmland. Growing wheat, rye, corn, potatoes, sugar beets, grains, fruits and sunflowers. Vineyards are concentrated in Little Carpathians, Tokaj, and other southern regions. The breeding of livestock, including pigs, cattle, sheep, and poultry is also important.

2008- 2009 GDP Growth Rate: 6.1 %
GDP: $119 billion
Population: 5.3 million
Human Development Level (HDI): 0.88
Government: Parliamentary Republic
Exports: Automobiles (16%), iron and steel (9.5%), and refined petroleum products (6.5%) apparel (4.3%), motor vehicle parts and accessories (3.6%)
Imports: consumer goods, 12.3%; food, 4.5%; fuels, 17.6%; industrial supplies, 30.6%; machinery, 19.9%; transportation, 15.0%; and other imports, 0.1%.
Natural Resources: Brown coal and lignite; small amounts of iron ore, copper and manganese ore; salt; arable land
4. Argentina

SmarterSpend Investment Rating: 9.0 / 10
(+ for diverse economy, stable government, low threat of war/civil unrest,  GDP growth, high literacy rate, – for wide income disparity)

Buenos Aires Skyline

The Tidbits:
Argentina may be the most European influenced country in the Western Hemipshere, with 93% of the population coming from European ancestry. Argentina has a very high literacy rate and was considered one of the richest countries in the world in the start of the 20th century. Foreign nationals hold $76 billion worth of investments in Argentina and the country is open to moderate amounts of migration. Also, the country has rich mineral deposits and arable farmland.

2008- 2009 GDP Growth Rate: 6.97 %
GDP: $578 billion
Population: 40 million
Human Development Level (HDI): 0.86
Government: Federal Presidential Republic
Exports: Soybeans and byproducts, 23.4%; cereals (mostly maize and wheat), 9.7%; motor vehicles and parts, 9.3%; refined fuels, 6.5%; chemicals, 6.2%; aluminum and steel, 4.9%; natural gas and petroleum, 4.4%; other industrial products, 11.1%; all other (mostly processed agricultural products), 24.5%.
Imports: Industrial and computing machinery and parts, 39.4%; industrial supplies, 35.2%; automobiles and other consumer durables, 12.8%; refined fuels and lubricants, 7.5%; all other (mostly consumer non-durables), 5.1%
Natural Resources: Fertile plains of the pampas, lead, zinc, tin, copper, iron ore, manganese, petroleum, uranium

5. Panama

SmarterSpend Investment Rating: 8.0 / 10
(+ for diverse economy, stable government,  GDP growth, – reliance on few trading partners, large trade deficit)

Panama City

The Tidbits:
Panama, an American invention, is a fully dollar based market economy with an emphasis on the banking and tourism sectors. Its near future economy will be bolstered by tolls from the Panama Canal rebuilding project, which will allow for twice the number of ships to pass. Unemployment is minimal and the country exports heavily to the United States.

2008- 2009 GDP Growth Rate: 9.21 %
GDP: $42 billion
Population: 3.3 million
Human Development Level (HDI): 0.840
Government: Constitutional Democracy
Exports: $10.29 billion: bananas, shrimp, sugar, coffee, and clothing
Imports: $15 billion: capital goods, foodstuffs, chemicals, consumer and intermediate goods
Natural Resources: Copper, Mahogany Forests, Shrimp, Hydropower
6. Romania

SmarterSpend Investment Rating: 8.5 / 10
(+ for diverse economy, stable government,  GDP growth, trade surplus, numerous trading partners, rich in natural resources – irregular government planning)

Bucharest Chamber of Commerce

The Tidbits:
Romania is a EU member that has recently shown high growth rates and development, and the 11th largest economy in Europe. The country has high per capita incomes and a growing middle class. It has declining oil reserves but enough mineral output to supply its industry. The country is planning on extending its highway system and has a strategic location in SE Europe, where it is an important stop for commerce. Also, a tertiary economy is present with 51% of the GDP coming from the service sector.

2008- 2009 GDP Growth Rate: 9.37 %
GDP: $270 billion
Population: 22 million
Human Development Level (HDI): 0.837
Government: Unitary Semi-Presidential Republic
Exports: agricultural products, chemicals, footwear, fuels, machinery, metal products and textiles
Imports: machinery and equipment, fuels and minerals, chemicals, textile and products, metals, agricultural products
Natural Resources: Petroleum (reserves declining), timber, natural gas, coal, iron ore, salt, arable land, hydropower

7. Dominican Republic

SmarterSpend Investment Rating: 8.5 / 10
(+ for free trade zone earnings, stable government,  GDP growth, availability of labor, rich in natural resources
- resource mismanagement, reliance on remittances, energy shortage )

The Tidbits:
The Dominican Republic is the second largest economy in the Caribbean and Central America. It is now the largest tourist destination in that area and mostly serviced based, although sugar cane and ferronickel production are one of the major sources of revenue for the country. Underdeveloped energy and fishing sectors are the prime areas for future investment, along with a booming tourism sector. DR trades heavily with the United States, although it has been diversifying in recent years with Japan, Venezuela, and Mexico.

2008- 2009 GDP Growth Rate: 9.37 %
GDP: 10.7% (2006), 9.1% (2007)
Population: 10.1 million
Human Development Level (HDI): 0.777
Government: Democratic Republic
Exports: ferronickel, sugar, gold, silver, coffee, cocoa, tobacco, meats, consumer goods
Imports: foodstuffs, petroleum, cotton and fabrics, chemicals and pharmaceuticals
Natural Resources: nickel, bauxite, gold, silver, fisheries

With Valentine’s day just around the corner, sweethearts around the country are looking for great gifts for their loved ones. You want to impress your significant other, but don’t want to dig too deep into your pocket. SmarterSpend understands your concern. Last year, we gave you gift ideas for Valentine’s Day and you guys responded with lots of thankful e-mails.

Like last year, this article is divided into gifts for her and gifts for him. All gifts are further subdivided into categories and ordered by price, from lowest to highest. Look for the Editor’s Pick item in each category for the best value! Enjoy!

Gift Ideas for Her and Gift Ideas for Him

Gifts Ideas for Her
1. Quality Candy Assorted Chocolate - $18/ 6oz
This premium chocolate assortment by Quality Candy/Buddy Squirrel features a selection of our melt-in-your-mouth crèmes, buttery caramels, rich award-winning butter almond toffee, crunchy nut clusters and luscious cherry cordials drenched in rich, velvety-smooth Swiss milk chocolate and dark chocolate. Packaged in a red satin heart-shaped gift box and tied with a satin bow, this is the perfect gift for Valentine’s Day. Your choice of a 6 oz. or 16 oz.

2. Romantic Hearts Chocolate Oreo Box- $22 / dozen
These irresistible Oreo® Cookies are enrobed in decadently delicious fine Belgian chocolate – the assortment includes dark, milk and white chocolate covered Oreos® decorated with candy heart sprinkles. Each cookie is tucked inside a clear cellophane bag, and heat-sealed at both ends for freshness. Use them as a delightful romantic gift…or indulge yourself and your sweetheart by having a couple with a tall glass of ice cold milk! Gift Boxed in our signature Glossy White Gift Boxes and tied with matching satin ribbon. Choose an assortment with either 12, 24 or 48 cookies.

3. Conversation Heart Mini Valentine’s Day Cookies- $28
Sure to sweeten their day, we’ve decorated 12 delicious mini cookies to look just like your favorite Valentine’s Day candy! These colorful cookies are hand decorated with “Love”, “Kiss” and “Me” messages then beautifully packaged in a heart shaped box for an unforgettable Valentine gift!

4. My Cherished Valentine Gourmet Gift Basket- $36

Your cherished Valentine will enjoy receiving the My Cherished Valentine Gourmet Gift Basket.  A cute 8″ white teddy bear bears your message of love and delivers a hugs and kisses solid milk chocolate Crisp Kiss as well as other sweet treats for your Sweetheart.  Send him or her the My Cherished Valentine Gourmet Gift Basket!

Contents:

XOXO Milk Chocolate Kiss
8″ White Teddy bear
2 oz Chocolate Fudge Popcorn
4 Heart Shaped Fudge Brownies
4 oz. Ribbons of Love Cinnamon Ribbon Candy
XOXO Lip shaped chocolates filled with caramel
Red wicker basket

Jewelry

Sterling Silver Heart Lock and Key Dangle – $25.00
Show your Love! Present her with the key to your heart! A large Heart Lock and Old Fashioned Key dangle from this stylish and bold Pendant.

Diamond Accent Heart Pendant- Original Price- $79.99, now $39.99  Editor’s Pick
A heart with a twist. This pendant shimmers with diamond-accents set in sterling silver.

Princess LOVE Engagement Ring Blue Topaz Gothic Wedding Valentines Day Silver - $105
The Princess LOVE ring is the newest addition to my “Royal Collection”. One large Medium Blue Topaz & two medium Blue Topaz are surrounded by two Studded Hearts that combine into one solid band… this Medieval Princess ring symbolizes the spark and beauty that shines within all that is feminine, fanciful and forever youthful!

$106

* Ready to ship!
* .925 Sterling Silver
* 3 princess cut Blue Topaz stones
* Size 8
* Domestic Priority Shipping included (Insurance is extra)

ABOUT TOPAZ: Ancient cultures believed that topaz has many healing and magical powers. Some believe that topaz will help you to be clear sighted by dispelling all enchantment and therefore improving vision. The ancient Greeks believed that topaz had the power to increase strength and make its wearer invisible in times of emergency. Topaz symbolizes the JOY OF LIFE! The person who wears topaz is said to take delight in the world and himself.

Included is a complimentary SilverGuard™ anti-tarnish zip bag & gift pouch!

* Protects for a minimum of two years
* Made with SilverGuard™, Non-toxic and recyclable.

Lingerie

1. 2PC Mini Daisy Intimate Apparel with Satin Bow and G-String – $10.73
   Valentine’s Day 2PC Mini Daisy Lace Halter Chemise Sexy Lingerie Intimate Apparel with Satin Bow and G-String.
   
   
2. 2PC Mini Daisy Intimate Apparel with Satin Bow and G-String- $15.01
   Valentine’s Day 2PC Sheer Mech Lace Sexy Lingerie Intimate Apparel with Satin Bow and G-String.
   
3. 2pc Girl from Ipanema- $18.00
   All the charm of the Brazilian girl in a peek-a-boo with curves boyshort and daringly triangle bra
4. Intimate Apparel- $19.34
   Valentine’s Day 2PC Embroidered Halter Top Bra Sexy Lingerie Intimate Apparel with Panty
   
5. 3 Piece set from Dimout.com- $21.37
   This three piece set includes a stretch mesh heart print camisette with matching g-string and stockings. Looks great alone or would look just as great as a top and stockings with a pink leather skirt or tight pair of jeans.

   
   

6. Red Valentine’s Day Lingerie Set – $25.49
   Very pretty and provocative red lingerie set, ideal as a Valentine’s day gift.

   

7. Prettysinful Valentine’s Day 2 Piece- $27.25- Editor’s Pick
   Valentine’s Day 2PC Polka Dot Flocked Mesh Chemise Sexy Lingerie Intimate Apparel with Embroidered Lace Trim Cameo and G-String

   

8. Black and Red 2 Piece with G String. $30.40
   Valentine’s Day 2PC Oriental Brocade Corset Sexy Lingerie Intimate Apparel with Hook Eyelet Front Lace Up Back and G-String

   
   

9. Sheer Mesh Chiffon Lace Skirt- $34.00
   Mesh soft bra top and matching skirt with chiffon lace ruffle details. 2-3 Processing Time.
10. Pee ka Boo Ruffle Trim Lacy Teddy- $40.00
    This is just the absolute prettiest teddy for Valentine’s day! It spells naughty and sweet. It’s up to the two of you how it turns out! Available in Rose Pink only (as featured)

    

Candles, Massage Oils, Body Care Sets

1. Romantic Massage Set – $9.99
   Sensual massage gift set in lovely gift box. Massage gift set includes: Massage Oil in Oh So Chocolate, Votive, Scroll Votive Holder, Red Bath Petals in lovely heart box and Massage Roller.
2. Floating Heart Candles – $12.99
   Create an inner warmth and romantic candlelight glow in your bathroom with our Floating Heart Candles (set of 7). The package contains 7 floating heart-shaped candles, perfect for Valentine’s Day. Light them up and place them in your tub or a bowl for a romantic presentation! Burn time is two hours for each small candle and 6 hours for each large candle.
   
3. Valentine’s Day Gift Package of Candles – $24.99
   12.5 inch Plush Casanova Elephant This adorable grey elephant wearing white silk pants with red love hearts on them, his very own top hat. He is holding a red rose in his trunk and is holding out a red love heart to the one he loves. Russ Berries marvelous plush animals are world famous for their quality and original design

   

4. Jaqua Pink Champagne Guilt- Free Body Treats 3 pc. $30.00
   Let the celebration begin with our top-selling Pink Champagne fragrance, a soft blend of pink jasmine, white florals and white grape.

   

5. Ginger Bath Body Spa Pamper Basket - $29.99
   Stimulate your skin back to health with this hand-woven gift basket filled with gels, lotions, bath salts and more. Specially formulated with healing ginger. 9 5/8? diameter x 8 1/2? high.
6. Bath Body Shower Spa Gift – $34.99
   Pamper her with this spa collection presented in a reusable, dark red painted tin basket. Sugared Cranberry is a fruity fragrance that is both a little sweet and a little tart. (approximately 10?w x 10 1/12?h x 3?d) Includes * Shower Gel * 6 Bath Fizzers * Body Butter * Bubble Bath * Bath Salts * Body Mist

   

7. Red Passion Candle Gift- $34.99
   This rustic willow basket is filled with three different scents of candles. Scents include: freedom (5), apple (5) and cinnamon (5). It is beautifully decorated in red and white colors (red ribbon & white bead accents). What a stunning gift. (Approx. 8? x 6? x 8?)

   

8. Romantic Massage – $39.95- Editor’s Pick
   Add the magic of great massage to your Valentines’ Day with a gift as nice as Romantic Massage Romance Gift Basket. Your Valentine will long remember the treats in this basket of heartfelt gifts, including massage oil, an acrylic massager, and a massage booklet. Also included is plenty of chocolate to say how much you love your sweetie!

   

Gift Ideas for Him

Watches
Casio Mens Casual Watch Blue Dial with Stainless Steel Bracelet – $35

Casio Mens Casual Watch Blue Dial with Stainless Steel Bracelet $35

The Casio® men’s casual watch showcases a sleek, stainless-steel bracelet and a 3-hand analog display set against a handsome watch face. It includes a date display at 3 o’clock.

Features

• 50-meter water resistant
• Date display
• 3-hand analog
• Accuracy: ±20 seconds per month
• Approx. Battery Life: 3 years on SR920W
• Module 708

Fossil's Men Stainless Steel Watch $68

Fossil Wallet $30

This brown crunched full-grain leather wallet features:

• eight credit card slots
• two slip pockets
• one bill compartment
• custom lining

3.5″x4.25″. Imported.

Calvin Klein Men's Trifold Wallet With Key Fob - $45

• 100% Genuine Leather
• Clearview id pocket
• Logo engraved key fob
• Sponge clean only
• Made In China

Cologne Sets

1. Calvin Klein Cologne $22.99
   Calvin Klein Fragrance Ckin2U By Calvin Klein Men’s Cologne Gift Set Edt Spray 1.7OZ+ Hair And Body Wash 3.4OZ In Gift Box
   
   
2. Curve Kicks Cologne for Men- $30.00
   Curve Kicks cologne for men, made by Liz Claiborne, was launched in 2006. This fragrance for men contains a blend of ginger, tangerine, wild mint, thyme, mandarin, bergamot, lavender, cardamom, cedar leaf, indigo amber, musk, white vetiver, patchouli, cashmere wood and other woods. This men’s fragrance is recommended for casual wear.
3. Guess Set for Men- $30.39
   GUESS was launched by the designer house of Guess in 2006. This scent possesses a blend of Italian Bergamot, Granny Smith Apple, Fresh Ozone, White Pepper, Ginger Root, Lavender, Nutmeg, Egyptian Sandalwood, Spiced Amber, Sensual Skin Musk, Brushed Suede and Siberian Blue Fir. Set Contains: 1 Eau De Toilette Spray 1.7oz; 1 Deodorant Stick 3.0oz.
4. HEIR Set for Men- by Paris Hilton- $30.39
   HEIR was launched by the designer house of Paris Hilton in 2006. This scent possesses a blend of Crisp Bergamot, Fir Balsam, Mandarin Leaves, Elemi, Patchouli, Brushed Suede, Lavender, Iron Musk, Sandalwood, and Amber. Set Contains: 1 Eau De Toilette Spray 3.4oz; 1 Hair/Body Wash 3.0oz; 1 Deodorant Spray 2.75oz; 1 EDT Mini .25oz.
   
   
5. ANIMALIA Cologne Set- $33.59
   ANIMALE PARFUMS created ANIMALE in 1993. It is the result of the following top fragrance Notes: citrus, orange blossom and freesia. The middle notes are: lavender, juniper and geranium and the base of the fragrance is: vetiver, leather and oakmoss. ANIMALE is recommended for formal use. Set Contains: 1 Eau De Toilette Spray 3.4oz; 1 After Shave Balm 3.4oz; 1 Shower Gel 3.4oz.

6. Sean John Unforgiveable Set for Men- $42.75
   2-Piece gift set includes: 2.5-oz Eau de Toilette Spray and 2.5-oz Deodorant. (Value $73.00)
   

SmarterSpend.com has received a limited time special promotional coupon from El Pollo Loco for a free Steak Taco! Check it out below:

———————————

El Pollo Loco is moooving from the coop to the field with its newest menu items. While we’ll still offer our famous citrus-marinated flame-grilled chicken, Sirloin steak is making its debut in a big way. Our new Sirloin steak menu items include:

Two Steak Tacos: citrus-marinated, flame-grilled Sirloin steak, with cilantro and onion in authentic corn tortillas

Grillmaster Steak Taco: citrus-marinated, flame-grilled Sirloin steak layered with melted Jack and Cheddar cheeses and topped with fresh Pico de Gallo and guacamole in an authentic grilled flour tortilla

Sirloin Steak Bowl: citrus-marinated, flame-grilled Sirloin steak served with fresh cilantro, onions and Pico de Gallo salsa, atop Spanish rice and pinto beans

Steak & 3-Cheese Quesadilla: citrus-marinated, flame-grilled Sirloin steak layered with three melted cheeses – Jack, Cheddar and Cotija- grilled in an authentic flour tortilla and served with guacamole and sour cream

We’d like you and your readers to be among the first to try El Pollo Loco’s Sirloin steak. Below is a link to a Buy One Get One FREE coupon for a steak taco. Please feel free to pass it around to your friends and family too.

Coupon link: www.elpolloloco.com/freesteaktaco

Also, El Pollo Loco will be hosting a Stampede for Steak on Wed., Jan. 20 from 10am-3pm at their Sunset Blvd restaurant in LA (8154 Sunset Blvd at Serrano). Anyone who shows up with a cowboy hat or cowboy attire will get a free Sirloin steak taco. Those who tweet a photo from the event of themselves in cowboy garb using the #eplsteak hashtag will be automatically entered to win El Pollo Loco Sirloin steak for a year!

Hope you’ll tip your cowboy hat and join us! Have a great weekend!

The early months of 2010 will see the stock market quietly gain ground on huge losses in 2008. Coming from the abyss, some publicly traded companies will immediately feel the benefits of a better economy, while others will not be affected until the end of 2010.

In 2010, Wall Street will bet on the positive direction of the economy, interest rates, and inflation. However, in the first quarter, smart investors may also benefit from good research and strong picks. Strong individual results—especially unexpected earnings and sales growth—could help certain stocks stand out from the crowd.

We have used economic data and deep stock market analysis to come up with ten must have stocks for the first quarter of 2009. Read them, and let us know what you think, or if we missed any…. we might put them up for you.

1) Computer Sciences

The company provides information technology and consulting services to governments and has expanded overseas. The stock is cheap and should pay a dividend of about 7%. Computer services will increase in demand as Internet users and overall computers become more mainstream. Look for CSC to benefit from this and an upbeat economy.

2) GlaxoSmithKline

One of Warren Buffett’s many stocks- this pharmaceutical stock  trades for 12 times forward earnings and offers a 4.7% dividend. As the aging baby boom population increases, expect this drug company to capitalize.

3) Verizon Communications

Although most technology companies had a rougher than expected 2009, Verizon was able to increase revenue by increasing the number of subscribers for its mobile unit, while T-Mobile and Sprint/Nextel suffers. Competition comes only from AT&T and Verizon’s expenditures are falling, so a higher than expected dividend looks secure.

4) WellCare Health Plans

This health care provider company has over $1.2 billion in cash and $1.4 billion market cap. It has increased its credibility with Medicare and has made its role well known as a mediator between the corporate world and government-sponsored health care. Look for this company to bring great dividends to stock owners.

5) Varian Medical Systems

Health care reform or  no health care reform, Varian offers radiation therapy for cancer patients. It has $5.8 billion in market cap and has projected earnings of 5%.

6) FMC Technologies

FMC technologies has a projected revenue of 27% for the 2010 year- as a producer of lithium batteries for electronic and hand held devices- the spread of these technologies, almost $50 billion in market cap for this chemical company, and its cheap stock price, make this one of the most favorable stocks for 2010.

7) Teva Pharmaceuticals

Teva Pharmaceuticals has shown consistent growth, through the tough times and good. As a producer of generic drugs, any kind of health care reform will not affect stock performance. The company has a projected revenue of 33% for 2010 and will definitely not disappoint.

Almost one year ago, we predicted, correctly, the inevitable bankruptcy of certain large corporations in 2009 (Old Article). As the highly volatile market of 2009 is slowly fading into the “Reconstruction” era market of 2010, consumer spending is being realigned from the “wants” to “needs.” Although confidence has gone up slightly from last year’s holiday season, more and more Americans are finding out that the green linings in their wallet have disappeared.

Recent economic data points to market stability and a push into the recovery phase by the second quarter of 2009. Less business went bankrupt in the last 12 months than 2008, mostly due to government intervention, which saved insurance giant AIG (one of the companies were predicted would fizzle to death in our last issue) and the car businesses (also predicted, Ford and GM).

However, this year, the Feds are under more pressure to stop saving corporations and focus more on the employed and the health care reform. This means that many companies will still keep going bankrupt, as Uncle’s Sam safety net has become increasingly porous. Also, credit is still dried, the dollar is losing its value, and more banks are being closed (banks in 4 different states were taken over by the FDIC today).

Here is the list of 10 companies we predict won’t live to see the next holiday season:

1) Loehmann’s

Loehmann’s has declared bankruptcy protection twice, once in 1989 and in 1999. They have very low market visibility and are losing their fight to big time discount dress store Ross, who is making big gains in the sector. Lookout for big changes in the company structure to avoid Bankruptcy- if it isn’t too late.
2) Blockbuster

We keep picking against these guys, yet they keep on surviving. The video rental company had a horrible third quarter (although ALL their quarters are equally awful). Revenue for this period of 2009 was $910.5 million, down from $1.16 billion for the same quarter a year ago. The firm’s net loss was $114 million compared to a $19 million loss in the same period in 2008. Blockbuster has only $141 million in cash and cash equivalents. No one has figured out what to do with Blockbuster. The company has 3,662 stores in the US and 1,703 overseas.

3) Palm

These guys are really in trouble- their launching of Pixi was supposed to propel them to great revenue, but facing the fiery marketing of Verizon’s Motorola Droid and newer model sets from Nokia. Stocks have plummet from a 52- year high of $18 to an investor target of $10-11 based on earnings (almost a 60% drop). These guys are in big trouble and need to move past Sprint to get anything done.

4) Caterpillar

Construction is still down and facing huge losses, as most of the market stability has come from the manufacturing sector. Caterpillar struggled in 2008 and cut 20,000 jobs on January 2009. More job losses are on the way and the days are numbered for this construction company. It’s largest divisions are facing difficulties with liquid assets due to the credit crunch and the future looks very bleak

5) Sprint- Nextel

Has 8,000 jobs now lost and things will get even worst and Could be potentially bought out by the end of 2009. While both Verizon (NYSE: VZ) and AT&T (NYSE: T) increased the number of subscribers in the third quarter, Sprint Nextel, like T-Mobile, saw its subscriber count drop.  Regardless of gains in the prepaid space, many argue that Sprint still has to stop the bleeding on the postpaid end. Sprint’s balance sheet is stacked with debt and it continues to invest money in Clearwire (Nasdaq: CLWR), which it is relying on for its 4G expansion. Sprint will be in trouble this year.

6) Hertz

Hertz is loaded with debt from financing their cars and increased interest rates will not be helping. It’s employees are underpaid and job confidence is down- they went on strike recently. Although stocks are up from their low of $2, demand for business is decreasing- Americans traveled less and spend less money on cars.

7) Macy’s

Consumers are staying away from department stores and the quality of products in Macy’s has been suffering more and more.  Same store sales will likely keep falling at Macy’s right through 2009. With $2.4 billion of maturing debt over the next five years, the company is trying to cut costs, and has already reduced its dividend.

General Growth Properties

Mall owner General Growth Properties Inc. (GGWPQ) will ask a New York bankruptcy judge to sign off on a reorganization plan to restructure some $9.7 billion in mortgage loans. Approval of the plan, which affects 92 properties, is the first step in the company’s bid to get the 166 malls it put into Chapter 11 in April out of bankruptcy.

The deal extends the due dates on the mortgages by several years in return for various payments. If Judge Allan Gropper confirms the plan, the properties could emerge from bankruptcy court by the end of the year.

While approval of the plan would represent a significant milestone for General Growth, the country’s second-largest mall operator still must strike similar pacts with lenders on another $11.7 billion of debt. The Chicago company, which owns and manages more than 200 U.S. malls in 44 states, filed for Chapter 11 protection in April after failing to refinance a portion of its $27 billion debt as it came due.

9) OfficeMax

Office-what? Competition from Staples and Office Depot is driving this smaller retailer out of business- and fast. Also not helping: employee lawsuits, mail-in-rebate lawsuits, overpriced items. They laid off 2800 last year, but it hasn’t helped their income.

10) Pier 1 Imports

Pier 1 closed 100 stores and has spent the last year making promises of change, but the ongoing housing collapse caught them like a deer in the headlights. Now, the retailer believes it has a solution; investors are clearly not as convinced. People are putting off purchasing furniture and the store has fallen off consumer radar.

With the US government burdened by a federal deficit of $12 trillion, almost $39,000 a person, one may ask if it is possible for the feds to default on their own loans. Although this is a potential risk for any borrower, including the all-powerful US, it is unlikely that our government will default on loans, but will most likely print more money to be able to pay back loans and in the near future, has to print more money. Although credit rating agencies still place the US government as AAA rating, this could be lost in the coming months.

There is an enormous debt load facing the country and more reasons to be fearful of the future than ever: The Medical crisis is deepening and a health care reform bill will surely be passed, pensions are drying up and the Social Security system has to be revamped, and total spending overall is higher than ever.

In order to protect yourself from inflation, there are several options to managing your portfolio. A measure of inflation in the United States is the price of copper, which signals construction and building efforts, portents of looming inflation.

Here are some assets that will be heavily affected by inflation:

• Cash (obviously)
• Bonds (basically a certificate of debt of x dollars, as value of dollars decreases, value of x decreases)
• Preferred stocks (A class of stock with a claim on the company’s earnings before payment is made to the common stock holders if the company declares bankruptcy)

Assets that are Protected from Inflation:

• Inflation-protected securities (WIP), (TIP).
• U.S. and Foreign Equities and REITS
• Stocks of Commodity-Producers (Oil, Gas Companies with product in the ground)

The following are some tips on how to fight inflation:

7 Tips for Fighting Inflation

1. Keep Your Money Moving – this does NOT mean buying and selling constantly. It merely means that a stagnant dollar can be eroded quicker. An example of keeping your money moving would be to strip the interest or dividend off of your investments. By doing so and investing in tax advantaged vehicles you can also combat taxes.
2. Invest in Assets and Reduce Your Liabilities – this may sound simple, but it is often overlooked. You must first understand the difference between assets and liabilities. An asset increases in value or provides income in the form of a dividend or cash-flow. Liabilities not only take money out of your pocket, but they can put you at risk. It’s important that you review your liabilities at least annually to see if you can reduce them.
3. Save 15% or More – If you consistently save 15% or more of your gross income, you will put yourself in a position to retire more comfortably. If you are already retired you must find a way to live off of your assets, so spending less than 5% would be prudent.
4. Pay Income Taxes Now – always consult your tax advisor before making tax decisions. Though you may have been advised to defer taxes, this could be counterproductive if tax rates increase in the future. A look at the history of taxes shows us that income taxes are near all time lows today. When you consider our current economic situation, where will taxes be in the future? Deferring taxes only postpones the pain, if you can earn an equivalent return, why put it off?
5. Consider a Fixed Annuity with Lifetime Income Rider – depending on where you are in life, an annuity can provide you with many benefits. One of the biggest is a guaranteed income that you can never outlive. Annuities also provide creditor protection in some states and tax advantages. Indexed annuities can also provide upside gains with a floor to protect your principle from losses.
6. Take a Look at Long Term Care - with medical costs continuing to rise, long term care insurance can save a family from a total financial meltdown due to sickness or injury. Long term care provides protection when you are most likely to need it, during retirement. Without some form of protection, medical costs can deplete a nest quickly.
7. Buy Permanent Life Insurance – you may have been told to “buy term and invest the difference”, but over time this has proven to be a losing strategy. If you followed that advice twenty years ago when you were 40, and were now 60, then your term insurance would probably be expiring and your market investments would have likely lost in value. Whole life insurance provides living benefits while fighting inflation and providing a permanent death benefit.

I have received numerous e-mails from readers asking about the eligibility criteria for a personal loan. There is no straight answer to this question as all financial institutions have different screening processes.  There are no two people alike, and the same thing happens to financial situations. The market offers an incredible variety of financial products and thousands of applicants apply for them every day, thousands of incredibly varied applicants. Is there any particular factor which might trigger a lender’s desire to fund a person’s project? You might be thinking that this question can easily be answered in two words: “good credit”. But that is not all, the percentage of loan applicants with good credit is lower than you might think. Before the credit bust, having a high credit score virtually guaranteed the applicant a loan. Nowadays, numerous other aspects, such as assets, employment, salary, and age are taken into account.

Applying for the correct loan depending on your particular situation seems to be essential. If you apply for the correct loan, but request a short term loan with high monthly payments you obviously cannot afford, chances are nobody will be willing to fund you. It is as simple as that. But besides these evident considerations, there is a loan eligibility criteria which is universal and might help you obtain a better understanding of the process and hopefully assist you in achieving loan approval.

Employment Status

Before I start describing what I mean by employment status, I want to break down three factors that are looked at when a creditor checks your employment- job security, length of time on the job, and who your employer is.
This is something lenders will take into account when assessing your application for any loan. Unfortunately, sometimes you do not have the chance to choose over many job opportunities and might end up with one which does not certainly scream “risk free applicant”, but this is beyond your control. If your job is unstable (provided that you have changed jobs many times in the last few years, it will be considered unstable by financial institutions), if you are self-employed or if you are unemployed, you might be considered somewhat of a risk factor, only because loan repayment capabilities in your particular situation might fluctuate, and lenders are looking for financial stability. What I recommend is to meet the lender personally and let him or her know in detail about your employment circumstances. They will feel more at ease.

Current Salary

It is only natural that this variable be taken into consideration for the approval of your loan. It is the most tangible evidence the lender has regarding your repayment abilities. You will also be required to show proof of income if you are employed, and tax returns if you are self-employed (so as to check your monthly income). Nowadays, incomes over $70,000 combined with good credit almost guarantees the loan.

Possession Of Assets

This is essential if you are applying for a secured loan. If you have a property to pledge as security or even a car, your chances of approval will be better. You might feel that it is not worth it to risk the security of your asset, but provided that you need a large loan or that you are sure you will be able to repay it timely, then a secured loan is definitely the way to go.

Age Limits

The applicant must be older than 18 years of age when applying for a loan. And you must not be older than 65 years of age at the completion of the loan. The reasoning behind this particular criterion is pretty obvious. Banks want their money and they know its hard to collect when age is an issue.

The price of gold hit $1,100 an ounce today on signs of a weakening dollar. With the stock market as volatile as ever with the coming end of a bullish market, many investors are thinking about buying gold. Gold has always outperformed other commodities during times of economic uncertainty and this “super-recession” is no different.

Here are some things to consider in order to understand if buying gold is the best idea for you:

1) Know the type of gold you are buying:
1. Direct ownership- The value of gold fits the pure economic model of supply and demand and can not be altered by government intervention.
2. Gold exchange – traded funds- The recent explosion in exchange traded funds (ETFs) presents an even more interesting way to invest in gold. An ETF is a type of mutual fund that trades on a stock exchange like an ordinary stock. The ETF’s exact portfolio is fixed in advance and does not change. Thus, the two gold ETFs that trade in the United States both hold gold bullion as their one and only asset. You can locate these two ETFs under the symbol “GLD” (for the streetTRACKS Gold Trust) and “IAU” (for the iShares COMEX Gold Trust). Either ETF offers a practical way to hold gold in an investment portfolio.
3. Mutual Funds – Investing in a gold mining company.
4. Junior gold stocks.- a more speculative and less physical method of owning gold.
5. Gold options and features- An experienced investor should invest in options and features that will allow them to predict the price of gold in the future.

2) How can I invest in gold? Where do I buy it?

You can purchase gold bullions from a dealer or your bank.

3) Why can investing in gold be a bad idea?

Gold is too exposed in the market right now and has become front page news. Every time I flip on CNBC or click to mainstream financial website, I have a better than average chance of being reminded gold is once again at all time highs. Anytime an investment — gold, housing, oil, or even tulips — has become front page news, the end is likely drawing nigh and the smart money is slowly exiting the playing field. Remember, the smart money sells when the news is at its best. Also, gold produces no tangible income and is rather useless for chemicals and industry and is largely needed for its physical appearance.

Is now the right time?

In my opinion, you should not invest more than 5% of your portfolio into gold because its price in the future is merely speculative. It has broken too many records and can come crashing down when investors realize it is not worth as much. Is it a bubble? No, because the price is largely tied to the drop in value of the American Dollar and fear of the stock market, rather than investor splurging.

If you’d like to pick up a few gold coins, or bullion, as a percentage of a broader long-term investment portfolio, that seems reasonable. If you dump your entire nest egg in gold, betting on the continuation of tough times, well, that just sounds too risky for my liking.

Before taking out a student loan, it is a good idea for parents and students alike to read more about the benefits and disadvantages of each type of loan (whether personal, private, or government subsidized) in order to ensure a smooth transition after graduation.

Let us dissect the benefits and possible uses for each of the loans in order to help you narrow down your choices.

There are three types of student loans you can apply for: Federal, private, and personal student loans.

Federal loans are the best option if you can be accepted. There is definitely no debate. Since it is a government loan, it usually has lower interest rates and sometimes can be subsidized so the child does not have accruing interest while they are in school (Subsidized Stafford Loan). These loans also include a 6 month grace period, allowing for the student to find work and settle in before repayment.
One can save lots of money by applying for this loan.

Federal programs are the single largest source of college loans. The two main programs are the Federal Family Education Loan Program (FFELP) and the William D. Ford Federal Direct Loan Program (FDLP).

You can apply for a FFELP loan through many private banks, credit unions, or education finance companies. Although your school might recommend specific institutions, you’re free to get your student loan from any participating financial institution.

This loan has very attractive terms:

* You’ll get lower interest rates compared to other loans.
* Your interest payments may be paid by the federal government while you’re in school.
* You may not need to make loan payments while you’re in school.
* You get longer repayment terms.
* You may benefit from flexible credit requirements.

Some schools participate in the Federal Direct Loan Program, where you get loans with the same terms as FFELP loans, but you borrow from the U.S. Department of Education.

Widely used federal education loans

* Federal Stafford loans
* Federal Perkins loans
* Federal PLUS loans

Private loans are offered by private lenders and companies, and obviously they are in this business to make a hefty profit. The interest rates are a bit higher than federal loans.

However, if the government loan is not enough for you or if you can’t get your loan approved in the federal option, it is still a good idea to use private lenders to get the money you want to continue your education.

Personal student loans are another financial option you have available if you still have an outstanding balance on your cost of college bottom line. Consider personal loans as a last resort, a subset of private student loans. This family of financial products is due some respect: approach them when you are completely apprised of their requirements and contingencies.

Personal loans specifically designed for you, the college student, are not as abundant as private student loans. Typical loan criteria:

* You must be enrolled at least halftime in a degree program.
* You must have a good credit history to be a sole borrower or you can borrow with a co-signor.
* Repayment terms could be limited.
* Maximum loan limits vary, but could be as much as the cost of your total tuition.

If you want to read more, here are some useful links:

http://www.finaid.org/loans/

http://www.collegescholarships.org/loans/personal-loans-for-college-students.htm

http://www.ed.gov/offices/OSFAP/DirectLoan/index.html

The upcoming inflation is written on the wall. The recent sharp increase in the interest rate of 10-year bonds in the United States of America is an unmistakable indicator. Nobody knows when consumer prices will begin to go up across the board, but it might be a matter of months. Investing in times of inflation requires a shift in our mental patterns, since prices no longer serve as reference of value. If you have lived during the last decade in a country with 3% annual inflation, are you ready to cope with 10% price increases per year? What would you do if currency depreciation accelerates to 15% or even 20%? Here are some ideas:

1.- REDUCE YOUR CASH AND BOND HOLDINGS. When prices rise at a high speed, fixed-rate debt loses value equally fast. If you buy a treasury bond at 2% and interest rates go up to 4%, you will incur a substantial loss when you sell your bond. Cash is the worst possible holding during inflationary periods, since it loses purchasing power by the day. You will do better if you buy assets or products as soon as you receive money, since those items will be worth more tomorrow.

2.- SPREAD YOUR INVESTMENTS INTERNATIONALLY. Do not trap yourself into artificial restrictions. Nowadays, in most countries, citizens are allowed to invest their savings internationally. If you have doubts about the applicable rules, check with your lawyer or investment advisor. Even in the case of global inflation, currencies and assets do not depreciate at the same rate. You will be much better off if you diversify your risks amongst different territories.

3.- FOCUS ON SHARES OF GOOD COMPANIES. Traditionally, real estate is the investment of choice in periods of sharp currency depreciation. That is perfectly fine if you can cope with a situation of lack of liquidity, since in some areas, it takes several months to sell a house. Shares of good companies, spread in different geographical markets, offer the multiple advantages of liquidity, dividends, and risk diversification.

4.- COLLECT DIVIDENDS IN A STRONG CURRENCY. If you live in a country that is likely to experience high inflation during the next years, it might be a good idea to invest your savings in foreign shares that pay dividends in a hard currency. The Swiss Frank has maintained its purchasing power for years much better than other currencies, but it is not the only choice. Ask your investment advisor about the relative strength of different currencies and make an informed decision.

Do not build your future on the moving sand of inflation. There are plenty of choices available to ensure that the value of your savings will be maintained. Rapidly rising prices have many disadvantages, but they also represent opportunity. Instability brings about change. It is up to you to take the necessary measures so that change affects your investments in the right direction.