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    For your retirement plan, do you have to rely on financial advisers? Or can you build your own retirement plan? Yes, it is possible to run your own retirement plan, and in many countries you are allowed to do so.

    But building a retirement plan takes time and effort – it is no good just putting your money into one thing like a group of equities and leave them alone. You might scan the financial pages of the paper one day to find your retirement plan had lost 30-50% of its value!

    To build your own retirement plan, you will need to spend, say, an hour a week managing it, and more time reading.

    How does the Big Picture affect your retirement plan?

    The reason you need to keep in touch with what is happening in the investment world is that you need to see the Big Picture well to make your retirement plan work. What do I mean?

    You need to know:

    1. Whether the economy is growing or flagging or in recession.

    2.

    What is expected to happen with inflation over the next two years or so – and keep getting it right.

    3.

    Is the stock market in an uptrend, going sideway, or going down – these

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    g a retirement plan takes time and effort – it is no good just putting your money into one thing like a group of equities and leave them alone. You might scan the financial pages of the paper one day to find your retirement plan had lost 30-50% of its value!

    To build your own retirement plan, you will need to spend, say, an hour a week managing it, and more time reading.

    How does the Big Picture affect your retirement plan?

    The reason you need to keep in touch with what is happening in the investment world is that you need to see the Big Picture well to make your retirement plan work. What do I mean?

    You need to know:

    1. Whether the economy is growing or flagging or in recession.

    2.

    What is expected to happen with inflation over the next two years or so – and keep getting it right.

    3.

    Is the stock market in an uptrend, going sideway, or going down – these

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    ad lost 30-50% of its value!

    To build your own retirement plan, you will need to spend, say, an hour a week managing it, and more time reading.

    How does the Big Picture affect your retirement plan?

    The reason you need to keep in touch with what is happening in the investment world is that you need to see the Big Picture well to make your retirement plan work. What do I mean?

    You need to know:

    1. Whether the economy is growing or flagging or in recession.

    2.

    What is expected to happen with inflation over the next two years or so – and keep getting it right.

    3.

    Is the stock market in an uptrend, going sideway, or going down – these

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    need to keep in touch with what is happening in the investment world is that you need to see the Big Picture well to make your retirement plan work. What do I mean?

    You need to know:

    1. Whether the economy is growing or flagging or in recession.

    2.

    What is expected to happen with inflation over the next two years or so – and keep getting it right.

    3.

    Is the stock market in an uptrend, going sideway, or going down – these

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    r flagging or in recession.

    2.

    What is expected to happen with inflation over the next two years or so – and keep getting it right.

    3.

    Is the stock market in an uptrend, going sideway, or going down – these trends can last from one to 10 years.

    4.

    How high are interest rates relative to inflation.

    Here are some examples. If real inflation was zero, and interest rates were 10% - you might just stick bonds in your retirement plan. It would be that simple.

    Alternatively, if you knew that the stock market had just embarked on an uptrend that would last ten years – then you might put good quality stocks in your retirement plan.

    If inflation is growing, and likely to grow in the future, then you might want to put lots of property, gold and/or silver coins or bullion and collectibles in your retirement plan.

    These are just extreme examples. However, life is rarely like that, while investment advisers – who are mostly salesmen – will tell you that the outlook is good for stocks whatever is happening. Generally, it is necessary to have some of your retirement plan invested in governme

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