My Comments: Among the world of thought leaders I follow in the world of money, is a man by the name of James Dahle. He runs a site called The White Coat Investor. His primary audience is fellow physicians whose financial skills fall far behind their medical skills. Several times a week I get …
Category: Investing Money
Nine Reasons to Expect a Market Pullback – And One Not-to-Worry
My Comments: The words below come from a group called Tactical Fund Advisors. I’m not promoting their use but given where the markets have come in the past decade, I think it’s prudent to think life will return to normal, a normal that includes market pull backs. It may not be a roaring crash, but …
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Is This Financial Tool the Best Idea Since Sliced Bread?
One of the best analogies I’ve seen used to describe what follows here is that it’s sometimes called the “Swiss Army Knife of Retirement Planning”. This resonates with me as I’ve had a real Swiss Army Knife for dozens of years. It has multiple uses which is why it’s often in my pocket. What follows …
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We Are Now Officially In A Stock Market Bubble
My Comments: After 45 years of playing whackamole with the stock and bond market, I've long concluded I have zero access to a crystal ball. That being said, I now rely heavily on those whose expertise far exceeds mine and are far more likely to be correct than I ever hoped to be. If you …
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Why The Stock Market Is Poised To Disappoint For A Decade Or Longer
My Comments: I've been accused by some readers as being completely out of touch with reality. It's largely because my experience with markets over the past 50 years suggest the market performance over the past 6 months is divorced from reality. Meanwhile the market keeps showing signs of both optimism until it isn't. In my …
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The House of Cards is Ready to Collapse
My Comments: I make no claim to being clairvoyant. I can assert, however, that until recently, I spent 45 years as a self-employed professional in financial services and have a basic understanding of how the investment markets work. What many observers miss when commenting is that those of us who are retired don't have decades …
The Stock Market Flood Gates May Have Just Opened
My Comments: As I write this Tuesday morning, early trading suggests what happened last Thursday and Friday is continuing. I have no idea where today will end or whether we're looking at a dramatic fall. I wouldn't be surprised if it continues this week and next. All I can say is good luck and don't …
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Making Sense Of Thursday’s Market Rout
My Comments: I make no claims about knowing what’s going on or how the future markets will unfold. I do know that I’ve been expecting a correction for months and have been on the sidelines since the recovery began last March. I’ve justified that because I’m more or less retired and don’t need to take …
How To Prepare For The Greatest Wealth Transfer In History
My Comments: As a nation, we have three concurrent crises to deal with. The first and foremost is the pandemic. Nothing we accept as normal is going to return to normal until we find a way to control it. And that's complicated by the fact there is evidence it's mutating and becoming more easily spread …
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The Next Market Plunge?
My Comments: I'm not a prophet of doom. Never have been and haven't changed my spots. But I am a realist when it comes to investing in the markets. I've been in cash since March and missed most of the 3 month rally since then. Disappointing but... Some readers of these blog posts have laughed …
