Ideas to help preserve and grow your money
My Comments: My wife and I are “elderly” and both of us take a significant number of prescribed medications every day. Fortunately, mine fall into the generic category and my co-pays are relatively insignificant. However, my wife has diabetes, and the annual cost of insulin is essentially through the roof. Her co-pays are significant for …
Continue reading What The Inflation Reduction Act Means for Drug Prices
My Comments: My post yesterday was to suggest the S&P 500 was headed lower over the next few months. What appears here tends to support that premise. If you’re looking for reasons to be very cautious with your money these days, this might convince you. by David H. Lerner \ 21 AUG 22 \ https://tinyurl.com/2p8wy6hj …
Continue reading Wall Street & Main Street Cheer Lower Oil Prices, But…
My Comments: If you’ve been aware of stock and bond market trends for any length of time, you’ve very aware there are those who believe one thing and others who believe the exact opposite. Apart from this confirming NO ONE KNOWS what’s going to happen next, my personal expectation is potentially confirmed by the comments …
Continue reading The SP500 May Soon Be Handed a Harsh Dose of Reality
My Comments: There’s a lot of stress in the news these days and all of you are exposed to it. I’d like to think some of it will be at least temporarily resolved by November when the mid-term elections are behind us. But my focus professionally is about money and how to manage it and …
Continue reading Five Important Conversations About Retirement
My Comments: Today’s featured article includes this sentence: “The Era of Cheap Money is OVER!”. My interpretation is that interest rates will continue to increase, thanks in part to the Federal Reserve, and that our money, used to sustain our lives in today’s society, will continue to shrink in value compared to what it is …
Is it really a duck? For most of us, articles that speak to the state of the economy are gibberish, since they always include terminology and concepts foreign to someone without a background in economics. But if it looks like a duck, and quacks like a duck, should be assume it really is a duck? …
Continue reading If It Looks Like a Duck, And Quacks Like a Duck…
My Comments: My Army draft physical was in 1960 and resulted in a 1Y Classification so the words spoken above are NOT my words. However, I came across the following as something I saved. Almost a full year has now passed, and Afghanistan has more or less disappeared from our everyday awareness. What follows here …
Continue reading I served in Afghanistan as a US Marine, twice. Here’s the truth in two sentences.
My Comments: Is it? Time alone will tell, but I’m doing my best to sit this one out. My best guess, like yours, will be either good or bad, depending on how the next few months play out. by Mott Capital Mgt. \ 7 AUG 2022 \ https://tinyurl.com/2q988542 History can act as a guide, not …
Continue reading The S&P 500 May Be Near the Most Dangerous Phase of The Bear Market
My Comments: Medicare is an absolutely critical program for the vast majority of senior citizens. It allows us to respond to perceived medical issues immediately without a frantic consideration of what it might cost. Lack of funds is no longer a driving determinant for whether or not to seek medical advice or care. Some will …
My Comments: I’ve never surfed in my life, but I may have to start. Only this time it deals with investing money in the markets and what we might expect going forward. I’m still significantly on the sidelines, my time horizon is limited given my age, but my objective is to grow my money to …
Helping You Prepare Your Financial Future 