My Comments: My posts last week focused on the stock market and my belief we're not yet near the bottom of the current cycle. This week, my attempts will focus on retirement issues. If you're 39 or older, you should find something of value here. I make no apology for promoting my recently published book …
Continue reading How Living Longer Will Impact Your Retirement
My Comments: With so many variables to think about, anyone with limited financial literacy is going to be confused. How old are you now? Have you developed a strategic plan for your financial future? Is there a retirement in your future? Do you listen to stock picking mavens for guidance? Are you financially sophisticated enough …
Continue reading Guggenheim’s Scott Minerd Sees Chance of S&P Falling as Low as 1,200
My Comments: If you're like us, you enjoy a pleasant evening from time to time at a local restaurant. And if you're like us, that's not happened for the past several weeks, because they're temporarily closed and we're instructed to stay at home. The longer this CV pandemic lasts, the more likely our favorite restaurants …
My Comments: Never, ever, take what I've written and/or shared as gospel. It's my opinion the market will be down further than the 35% it dropped before the bounce back. I'm willing to nibble here and there but my target date before doing anything of consequence is the end of May. And that may be …
My Comments: This week I've decided to focus my written thoughts on the stock and bond markets. As a retirement planning professional, what people have to spend in future years is very much a function of how the markets perform. All of us are aware the recent market crash was triggered by the pandemic and …
Continue reading The Reasons Why The Markets Will Go Much, Much Lower From Here
My Comments: There is mounting pressure to start ignoring the negatives associated with the pandemic and instead focus on economic recovery. I understand that. The big question is where on the spectrum that runs from saving everyone to letting people die should we fall? This week I'm going to focus my thoughts on the stock …
The daily news is confounding. You want to believe good stuff is happening, then you find something that makes you shake your head. I'm always inclined to believe those with manifest skills and expertise than those whose messaging is clouded by "hope for the best" outcomes. This appeared today as a post from Mark Avera …
As we eventually emerge from the Covid19 pandemic crisis, dozens of formerly valid ideas are going to be questioned. My area of expertise is retirement planning and it's ripe with things to be questioned, looked at and discussed. Two things come to mind before I identify 3 possible ideas to become focused on. The first …
My Comments: Make no mistake, I want this economic chaos to end as soon as possible. If there were no attendant pandemic, I'd be all in favor of using rational steps that worked in years past. You can see and hear the discomfort between those whose focus is the economy and those whose focus is …
Continue reading Dow Futures Shiver as This Bubble Chart Predicts a Terrifying Crash
My Comments: This morning I ventured out to the grocery store for the first time in weeks. Up to now, our son has been on the front line for grocery shopping. It went pretty well. I arrived at 8:30, my position in line was about #75 and at 9:00 the doors opened. Fortunately I got …
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