My Comments: By now you’ll perhaps realize that whatever I say about what is likely to happen in the markets is wrong, and that you’d be better off doing just the opposite. That’s OK. And if you are young and retirement is a few decades away, it’s OK to ride it out. But if you’re …
Continue reading Behold the ‘scariest chart’ for the stock market
My Comments: Anyone now retired or thinking about retirement spends time and energy coming to terms with how to manage their money. Increasingly, fees charged by advisors and/or their companies are perceived as a threat somewhere along the way. However, unless you have the skills to do it all yourself, you are necessarily going to …
Continue reading 7 Myths About Variable Annuities: Exposing Their Dark Side
My Comments: Little is said these days about those who are investing for the future and are still working vs those investing for the future who are no longer working. Think of it as being defined as the accumulation phase of your life vs the distribution phase of your life. Different rules apply. Vanguard Funds …
Continue reading Vanguard’s Chairman Sees Muted Decade for Stocks After Long Rally
My Comments: I’ll admit to having done poorly as an investment advisor these past few years. My history was and has been shaped by our collective experience following what became known as Black Monday on October 10, 1987. On that day, we were glued to the radio or TV as the DOW dropped over 22% …
Continue reading The Bull Market Could Be Speeding Right Into a Brick Wall
My Comments: Anyone of you who has money invested or is dependent on cash flow from your investments to pay your bills needs to be concerned. What follows is a very good explanation for anyone who whose time horizon for retirement is less than 10 years. Uncertainty is the biggest driver of global pullbacks in …
My Comments: Frankly, I have no idea if it will or not, but I tend to pay attention when people smarter than I start talking about stuff that is clearly an existential threat to my financial well being and that of my clients, family and friends. If the money you have saved is critical in …
Continue reading The market will crash this year — and there’s a good reason why
My Comments: Little is said these days about those who are investing for the future and are still working vs those investing for the future who are no longer working. Think of it as being defined as the accumulation phase of your life vs the distribution phase of your life. Different rules apply. Vanguard Funds …
Continue reading Vanguard’s Chairman Sees Muted Decade for Stocks After Long Rally
My Comments: Some of you reading this have money in 401(k)s and 403(b)s and cannot simply remove it and place it somewhere safer. Which means you’re completely exposed to the vagaries of the markets and you can only hope for the best. I learned long ago that HOPE is not an effective investment strategy. So …
Continue reading How your 401(k) can survive and thrive in the next bear market
My Comments: I struggle, day to day, just like you, to figure out what the markets are going to do because so many of my friends and clients are exposed to market risk. Are you exposed to market risk? Does it worry you at all? If not, you don’t need to read this. But if …
My Comments: Now that I’m in my mid 70’s, I’m far more worried about the ups and downs of the markets than I was 15-20 years ago. My ability to pay my monthly bills shrinks exponentially when the market crashes and my retirement money is exposed to that risk. Ergo, I either do not have …
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