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Welcome to "The Jalbert Report", a monthly newsletter designed to provide you with tips and updates so that you can "Live Well" during your retirement years.

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Russ

Announcing: The Jalbert Financial Forum

Listen to The Jalbert Financial Forum Saturdays 2:00-3:00 pm on WMUZ, 103.5 FM-The Light. Each show is an entertaining and enlightening hour of topical discussion during which Russell Jalbert and co-host Rich Paul address questions submitted by listeners just like you, about investment, taxation and estate planning.

The Ultimate Jalbert Golf Clinic II

With Legendary PGA Professional, Dan Pohl - A memorable day again this year for clients and their friends.

Oakhurst Golf & Country Club was the site for the second Spring Golf Clinic on Friday, May 21, 2010. More than 50 clients and their guests got tips from one of the PGA's top golfers, Dan Pohl, who recorded over 75 top ten finishes. The day began with a hearty breakfast in the clubhouse and concluded with drawings for over $500 in the latest golf equipment and apparel. In addition to fine-tuning their golf game, many guests made appointments with Russ Jalbert to fine-tune their retirement plan!

Here’s a few bits that I found reported on Yahoo! Finance over the past few weeks:

• J.C. Penney's 1st quarter net income more than doubled to $60 million.
• India is setting up an $11 billion debt fund to build ports, roads and bridges needed to drive economic growth.
• GM returned to profitability and posted a $865 million quarterly net profit.
• Google will buy Global IP Solutions for $68 million to expand its Internet video and audio offerings.
• Wal-Mart Stores' quarterly net income rose 10% to $3.32 billion.
• Vodafone will increase dividend payments by at least 7% per year over the next three years after reporting $12.5 billion net profit for the year.
• HP reported that its quarterly net profit jumped 28% to $2.2 billion.
• Staples posted a $189 million quarterly net profit, up from $143 million a year ago.
• Google and partners Sony, Intel and Logitech unveiled technology enabling users to turn televisions into giant monitors for Web surfing.

All the headlines above represent good news in the economy. Don't you ever wonder why the media can't spend more time focusing on the good news that happens?

And is it going to continue?

Wow, what an ugly time it's been for the markets! What's going on here?

As you know, things are pretty "iffy" out there right now, with the problems in Europe leading the way. I have three articles for you that you may find interesting:

• From CNN/Money - 5 risks to our economy, look out! More...
• Also from CNN/Money - Bond market is predicting a recession,
  or worse. More...
• And finally, from Yahoo Finance - Unemployment market worse than expected. More...

If you have any comments or questions, please feel free to e-mail our office at newswire@jalbertfinancial.com.

Russell K. Jalbert, CFP^®, one of the nation's leading financial professionals, has advised successful individuals in the management and distribution of their wealth for more than 35 years. Russ has discovered many alternatives to conventional investment practices. His priority is to educate people to understand they don’t have to accept risk in order to grow their money.