My Comments: Most of us with money invested somewhere are uncertain about market performance going forward. This is because there is a new global threat in the works between the US and Iran. In the background and unrelated to this threat, is the fact that it’s been more than a decade since the last major …
Continue reading Markets believe two things very strongly right now
My Comments: There are times when too much information simply turns our brains into mush. So it is for some people when thinking about retirement. There’s so much going on that it becomes noise, people stop paying attention, and when retirement arrives, they find themselves grossly unprepared. There’s a parallel described here by Erik Conley …
My Comments: Investors continue to enjoy a positive market environment, assuming they’ve invested in the markets and not sat on the sidelines, waiting for the inevitable crash. I’m guilty of some of that decision making. However, for the past few years I’ve also been sensitive to another existential risk faced by those planning for retirement …
Continue reading Investing returns are likely to be much lower in the years ahead. What to do.
My Comments: Roughly 30 years ago we were in a recovery phase following the great market crash in 1987. The next decade saw the run up to 2000, which saw massive amounts of money spent on computers and technology. By the turn of the millennium, we had the dot.com bubble, where all that money spent …
Continue reading World Economy is Sleepwalking Into a New Financial Crisis.
My Comments: This is not intended as a dig at Trump, except to the extent he made pre-election promises that were not economically viable. Bringing back the coal industry to help Make America Great Again was never a rational objective in 2016. As I read this article, my mind went back to my days in …
Continue reading Major US Insurer Says It Will No Longer Underwrite and Invest in Coal
My Comments: I’ve long since concluded that many economic decisions and trade policies espoused and implemented by the current administration are foolish at best and potentially disastrous. I have no idea who they are supposed to benefit. I minored in economics in college and have been professionally involved in the money business most of my …
My Comments: Whether you’re already retired and relying on saved money to pay your current bills, or only thinking about a future retirement and how to pay for it, how the markets behave greatly influences what you do and the peace of mind you have or don’t have. In a way, it’s like a broken …
It’s entirely possible Congress will do it’s thing and pass new legislation now known as the SECURE Act. The name comes from Setting Every Community Up for Retirement Enhancement. I wrote about it earlier in July. A key provision of this pending legislation is that it will allow more businesses to offer 401(k) plans that …
After 43 years as an entrepreneur in financial services, I now think of myself as officially retired. But that doesn’t mean I’m divorced from what kept me busy those 43 years and provided a living wage. It’s just that my focus today is very different from what it was when I was trolling for new …
Some of you will read this and determine I’m trying to sell you something. To some extent you’re right as I would love to have you enroll in one of my online courses at Successful Retirement Secrets. On another level, I’m interested in helping you come to terms with what you should do with your …
Helping Define Your Financial Future 