In this week’s Lifetime Income Series, Jim looks at the challenge of overcoming your fears in volatile markets and irrational times and putting together a plan to retire with security. Also in this segment, FSN foreign correspondent Erik Townsend joins Jim from France to discuss the Socialist future ahead with the election of President Francois Hollande. Erik then turns toward Asia to discuss the growing cold war between China and the US.
Erik Townsend is a Private Investor based in Hong Kong. He was a successful American technologist and entrepreneur in the 1990s technology boom, and retired from the software industry in 1998 after selling a company that he founded in 1991. After a short hiatus to pursue personal interests, he re-invented himself as a full-time private investor with a macroeconomic investing strategy.