In the US we allow companies to go bankrupt when they cannot succeed in business.
Recently record amounts of money have been taken out of stocks and put into bonds. These investors assume that at least their money will be safer in cash or bonds. These assumptions are wrong.
If you think estate planning information is hard for you to pull together, imagine how difficult it will be for someone else who is asked to fill your shoes in an emergency!
If you rely on a commission-based financial product salesperson, you will probably be sold the wrong kind of funds.
Congress contributed greatly to the bubble through the distorted incentives created by the tax code.
These are no longer the questions of the idle rich desiring to hoard their inherited wealth.