Bubblemania

The most commonly used word in finance today is "Bubble." Since bubbles are the main reason people lose large amounts of the retirements is bubbles that burst (think of blowing up a balloon tooo much), it is vital that we understand bubbles, their causes, and their affects. Can you think of at least two bubbles that could burst this year? We will look at the history of past bubbles and try to make some comparisons that could be useful to your planning.