My Comments: The other day, on February 17th, I had a post that explained how today is NOT 1929 all over again. If you found that story, and this chart interesting, then here is a follow up. Hopefully, it will help you navigate the waters as they are flowing today in 2014. Chris Ciovacco, Ciovacco …
Continue reading Checking In On The 1929 Stock Market Parallel
My Comments: Understanding how markets work over time is a very helpful skill set if you are advising clients about their money. Especially if they are worried about where money will come from to pay their bills far into the future. For many, the short term “noise” that comes from what one reads in papers …
Continue reading Treading Water: Four Economic & Market Trends Likely to Continue in 2014
My Comments: I’m increasingly being asked by people to help answer their questions about Social Security. Here is a short overview of critical ages as you begin to think about retirement. by: Paul Norr / Wednesday, February 19, 2014 There are many age-related financial and planning milestones that clients will encounter in their sixties. Here …
My Comments: Yesterday, I reposted an article that claims virutally all economists are in agreement that the stimulus pushed by this administration served to keep us from falling into a drepression, and that the major argument was whether the stumulus should have been stronger. Here is an article from last week that considers the mental …
My Comments: Recently, I’ve become a self proclaimed expert on Social Security. The truth is I’m more knowledgable than most and have access to resources that are expert. Among the many questions that folks who are approaching retirement are asking, are those that impact when and how they should apply for benefits. Of the 97 …
Continue reading How Divorce, Remarriage Impact Social Security
My Comments: This comes to me from a trusted source in California, a man who for many years has run an insurance agency with a focus on providing clients with good and effective Long Term Care insurance. As my clients age, and those who seek me out tend to be older, questions about long term …
My Comments: I am almost always amused by those who shout “Take Back America!”. But it’s not really amusing, is it? Take it back to when? Take it back from whom? Before women had the right to vote? When the average life expectancy was about age 50? Many of us, who today are over 60 …
Continue reading The American Public’s Indifference to Foreign Affairs
My Comments: You have perhaps heard the expression that “... it’s like watching grass grow.” Or perhaps “... it’s like watching paint dry.” I use it when something I’m supposed to be paying attention to is progressing slooooooowly. It comes to mind in the constext of this article which has demographic overtones. Personally, I’m on …
My Comments: Yesterday, I talked about amateurs and professionals when it comes to investing money. About how emotions get in the way at crucial times, often promoted by people who rarely have any reason to say what is in YOUR best interest, only what is in THEIR best interest. If they can persuade you to …
My Comments: When I took economics courses in college in the early sixties, there was a common adage when talking about politics and business that you could not, at the same, have both guns and butter. This meant that at our industrial heart, we could either produce weapons of war, or we could produce products …
Helping Define Your Financial Future 