Stock Selloff May Be Entering a New Phase

My Comments: Mohamed A. El-Erian is a globally respected economic advisor and writer. I typically pay attention to what he says. The seven paragraphs here are a powerful insight into what you can expect in the next several months. If you have significant funds exposed to the markets today, be very careful. By Mohamed A. …

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Fed Aggressiveness Following Delayed Liftoff Sets Up 2023 Collision

My Comments: My awareness of and respect for Scott Minerd goes back decades. I recall him being the featured speaker at an investment seminar I attended in the late 1980’s. This was long before his current role as the Global Chief Investment Officer of Guggenheim. I’ve always found his comments to be both revealing and …

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The 4 Phases of Retirement

My Comments: Before I was able to enjoy my “retirement”, I discovered I was both terminally bored and ready to get back to work. Fortunately, I had been self-employed for decades, so it was a relatively simple matter of starting up what I had stopped. These words from Tony Drake seem somewhat obvious but worth …

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Sentiment About Stock Prices Over the Next Six Months

My Comments: I have some thoughts about what might happen in the markets over the next six months, but realistically have no confidence in those thoughts. Which makes listening to the collective sentiment of others important if you at least want a clue about what’s likely to happen. I suggest you ignore this at your …

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Housing Wealth as an Inflation Hedge?

My Comments: if you follow my blog posts, you’ll have noticed I often talk on Fridays about reverse mortgages and their association with financial freedom in retirement. A prominent thought leader in this arena is Don Graves. What appears here are comments and a chart he will use when speaking in Indianapolis today, May 13th. …

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The Lowdown on Living Trusts

My Comments: Many years ago, the term “estate plan” typically applied to those who had assets of roughly $500,000 or more. The idea was to put in place a trust or trusts to limit potential estate taxes, imposed by some states and the Federal Government. The goal was to leave more for heirs. Today, estate …

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An Economist’s Warning for Stock Market Investors

My Comments: Apart for the different spelling of certain words, the following should encourage you to be very cautious about keeping your money in the “stock market” going forward. I’m less worried for those of you with a long-term time horizon of 15 - 20 years. Chances are you’re not about to become a retired …

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Choosing a Financial Advisor: 5 Quick & Dirty Questions to Ask

My Comments: I’ve previously suggested there’s one question to be asked very early in a conversation with a potential financial advisor. That question goes something like this: “Will your actions on my behalf be held to a fiduciary standard?” If there is any hesitancy from the person being asked, be prepared to leave and find …

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Documents to Have as You Get Older – Part Two

By Tony Kendzior, CLU, ChFC \ April 27, 2022 Part One appeared last week where I gave you what I consider the five primary documents to prepare and have available as a senior citizen. Here is Part Two. The premise is that sooner or later you’re going to move into the great beyond, either quickly …

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Retirees’ Home Equity: Useful but Unused

My Comments: Increasingly I'm finding there are many a retired family short on cash to pay bills yet who also have lots of equity in their homes. This article from the Center for Retirement Research @ Boston College suggests there is a real solution for some. I hope that if you find yourself financially stressed, …

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