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Don Said:

for those of you who've don the homework on reverse mortgages, could you enlighten me?

We Answered:

Reverse mortgages are great for those who did not plan well for their retirement. And need more money to live out the rest of their days. But mind you if you sign up today and die next week. The reverse mortgage lean holder will take the house outright and there will be no inheritance for anyone. If you have equity built up you might try to get a loan off of that. I had Friend who had their kids give them extra money and when they die they get the house. That's a better deal keeping it in the family. Another solution is to sell the house outright and move to section 233 housing. Then the rent is based on your income. AARP has tons or resources on all these subjects and it is worth the small yearly dues.

Claudia Said:

What do you do to prepare for a trading event?

We Answered:

The problem with your theory is that, in the real world, by the time you get around to figuring out what the Fed is likely to do, the market will already have incorporated the information into the price of the stock.

Market analysts have powerful computers and sophisticated algorithms at their disposal that are able to -- and actually do -- react to news and the expectation of news in a fraction of a second. My guess is that you don't.