My Comments: Economic reality drives most lives today. It shapes our ideas about politics, about family, about national security, and our fears. Almost all of us agree that life is better with more money than with less money. So where you live has a huge influence on your economic reality, and as a result, how …
Author: Tony Kendzior, CLU, ChFC - Financial Planner
I've lived happily, raised a family, and enjoyed a professional life in Gainesville for over 50 years. The next several years are full of promise. My goal is to find new clients, new friends and somehow share the wisdom I've accumulated over these many years. And when I have time, play a little golf and travel with my family. Cheers!
Growth Stocks vs. Value Stocks
My Comments: If you believe, as I do, that some of your money needs to be working harder than, say a Certificate of Deposit, then your likely solution is some kind of mutual fund or brokerage account. Most of us are not sufficiently sophisticated financially to explore other options, so for new, let’s assume you …
The Economy Is Adding Jobs, But The Divide Between The ‘Haves’ and ‘Have-nots’ Is Bigger Than Ever
My Comments: I’ve been railing for some time about the income divide between the ‘haves’ and the ‘have nots’. If a remedy is not found, my fear is that my grandchildren, perhaps my children, will see rioting in the streets. It’s increasingly profound, and it’s contributing greatly to the political divide in this country. It’s …
Can You Afford to Live Longer?
My Comments: Many of you know that I’ve recently started a series of workshops that focuses on how the Social Security system works. It’s an attempt to help those who will soon become eligible, or are already eligible, better understand a very complex and not user friendly institution in American life. One assumption that is …
Will Trumpism Outlive Trump?
My Comments: Before you criticize me for posting what appears to be a political comment, consider what I think is the takeaway phrase from the following dialog: “Trump doesn’t matter, Trump’s voters do”. There’s a reason there are so many pissed off people on both sides of the Atlantic. And unless and until our elected …
Brexit: Why Most Commentaries Miss The Point
My Comments: I found this a couple of days ago and it really helped me understand what happened in Great Britain the other day. If Brexit concerns you, this might help. It appeared in a news feed I follow written by a Tom Dispatch, if I have his name correct. 06/26/2016 Economist Robert Kuttner has …
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How to Invest in Mutual Funds
My Comments: Mutual funds have been around for about 100 years. Some genius decided to create a new investment model, a stand alone investment. With one investment you now could own shares of hundreds of stocks, in smaller amounts. And the rest is history. Today there are more funds to choose from than you can …
Claiming Social Security at Full Retirement Age is Often a Mistake
My Comments: The headline above should probably read ‘Sometimes’ instead of ‘Often’. It depends to some extent on when you die. Since that date is completely unknown, the only solution is to play the odds, and my recommendation these days is to assume you will live to be 100. That’s the conservative approach. Unless you …
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Secondary Market Annuities (SMA)
My Thoughts: Last month I posted about having stock positions in your retirement portfolio and how much was appropriate. This post is about another option where there are no stocks at all, only a promise by an insurance company to return all your money to you, over time, at a guaranteed rate of interest. Typically, …
Young People Just Got Brexited by Their Parents
My Comments: As someone with strong personal ties to Britain and the United Kingdom (I was born there in 1941), the vote to leave is profoundly shocking. One of my grandfathers and my favorite uncle served in the British Army during the Great War. They somehow came home alive. My father and his brother fought …
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Helping Define Your Financial Future 