National debt surpasses record $23 trillion

On Friday, October 25, 2019, the U.S. national debt surpassed $23 trillion, per the Treasury Department and the Peterson Foundation. Why it matters: The national debt met the $22 trillion mark just nine months ago and has soared $3 trillion since Trump took office, when it rested at $19.95 trillion. The White House projected in …

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Income Allocation vs Asset Allocation

Asset Allocation appeared as concept in the world of investment management in 1986. Three people, Gary P. Brinson, L. Randolph Hood, and Gilbert L. Beebower published groundbreaking research that demonstrated an arguably better way to manage money. Here’s the gist of what they said: “…by replacing active choices with simple asset classes worked just as …

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Relief for 40 million Americans without 401(k) plans

My Comments: Accumulating funds to be used in retirement is not easy. An incentive provided by the IRS is to allow you to set aside money today and pay income taxes on it later. Meanwhile, the theory goes, a larger amount grows to become even larger, and you find yourself in a lower tax bracket …

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Consumers may have carried markets as far as they can

My Comments: lost in the news cycles now heavily invested in the Ukraine/Trump matters, is the state of our economy. While correlation is never 100%, there is a relationship between the state of the economy and the performance of the stock and bond markets. And those markets are where millions of us have money invested …

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Retirement and the 4% Rule

For decades I’ve been reading about the 4% Rule and what it has to do with retirement. The 4% Rule says that when you stop working for money and start creating an income from your savings, it’s the upper limit of what you should withdraw every year from your savings and investments to make sure …

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Here’s a list of recession signals that are flashing red

My Comments: As I write this on Monday, Sep 2, I suddenly realized I’d not heard a word out of the White House about how great the economy was compared to when Barack Obama was in the White House. I guess it’s all taken a back seat to the Labor Day weekend and, for me …

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Where Are The Markets Likely To Go From Here?

Money, and having enough coming in every month to pay our bills is critical to our sense of well being. Right now there’s a lot of turmoil and confusion across the global economic spectrum and many of us are getting anxious about how this is all going to play out. What follows is yet another …

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