Money Confession: I have $30,000 sitting in my checking account, but I’m too scared to touch it

Tony’s Friday Blog = Random Thoughts: This advice from Kaitlin Menza applies not only to millenials but to baby boomers and earlier (of which I am one). But especially to those of you with many years to live. Inertia is an insidious problem for many of us. We have money in a ‘safe’ place and …

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What’s Happening This Week In The Markets?

My Comments: Somewhere in the news cycle there is always a story about what's happening in the stock and bond market and whether or not there's a reason to get freaked out. Media companies these days are overwhelmed with crisis after crisis and spending much time on this issue is a waste of energy and …

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What should I do with the $300,000 I am about to inherit?

My Comments: What would you do if you just found out you were getting an extra $300,000? And to whom is this question posed? The article appeared in a news feed on my phone this morning as I was drinking coffee and getting ready for the day. You can find it HERE. I’m sharing it …

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Forecasting the Next Recession

My Comments: I may have retired from providing investment advice but I’ve not yet left the building. What happens in the world of money still interests me both professionally and personally. Attached to this post, by way of a link to a 12 page, downloadable report, is a projection from Guggenheim that says we’ll experience …

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Retirement: Get Help or Not?

My Comments: Some people have an innate ability to look after money. Others, not so much. This is especially critical as you transition from working FOR money to when money is working FOR YOU. We call this retirement. It’s further complicated because the financial advice industry is now undergoing a massive shift in how you …

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Bull Market Complacency Calls for Caution—and Action

My Comments: Today is Monday, when I post something about investments. Scott Minerd is not only a global figure in this environment, he has the ability to reduce complex ideas to where even I can understand them. His message, as I understand it, is continue to ride the bull, but be prepared to panic at …

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How Not To Screw Up Your Investments

My Comments: Basic stuff for some of us; gibberish for others. So if you have difficulty with this, ask your financial advisor for help. Dana Anspach on April 6, 2017 Smart investors follow an asset allocation plan. An asset allocation plan tells you how much of your total investments should be in stocks versus bonds …

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