My Comments: I’ve been a financial professional for over 4 decades. And yet, here I am, with virtually all my money at Vanguard, in either mutual funds or ETFs. I look at it all about once a week, and rarely make any changes. It’s a big relief to not have to worry too much about …
Category: Retirement Planning
Ideas to help preserve and grow your money
Biden could still be proved right in Afghanistan
My Comments: I’m profoundly saddened by our experience in Afghanistan. Too many of us were either grievously wounded or died over there, too much of our money was spent, and some 20+ years later, there’s not much to show for the agony and despair and treasure spent on what was always a questionable outcome. Personally, …
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How to Invest Without a Crystal Ball
My Comments: Personally, I’m expecting a market correction in the near term. We’re long overdue and many market signals are saying it’s about time for one. Meanwhile, someone whose judgement I respect posted early Saturday morning that share his thought about HOW to invest. In my judgement, apart from the general validity of what he …
Stock Market Crash 2021: You Can’t Unsee This Chart
My Comments: I suggested the other day that it wasn’t a question of would the stock market crash, it was when it would crash. This author, who has enough credibility to be published in a global financial forum, pulled out of the markets about a month ago. I’m very tempted to do the same. What …
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Why Annuities May Be Better Than Equities
My Comments: You can accuse me of bias since for many years I’ve sold annuities like those described here to hundreds of people. Many years ago, I was a registered stockbroker, sold equities, and then realized the downside for my clients was more than I was prepared for. Perhaps some of that was a lack …
The Smart Money Is Betting on A Market Meltdown
My Comments: Once again, my left blinker is working instead of the right one. Some of my readers have been upset that I’m urging caution with their money. On one hand, they may be right, and on the other they may lose their shirts. Frankly, I have NO idea when it will happen, just that …
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Things Couldn’t Be Better
My Comments: Here we go again! One day all is well, the next day we’re all going to Hell, and then the next day or week, “never mind folks, all is good”. It's the same with vaccinations. Here, you'll want to read to the very last sentence. My take is that if you’re young, or …
Murphy’s Laws Part 6
My Comments: Here is Murphy's Laws Part Six, the last from my original list that I'm sharing. As mentioned before, the order in which they appear seems to have no rational explanation but appeared this way in the file I was given many years ago. -Klipstein's Lament: All warranty and guarantee clauses are voided by …
Pass on the Investment Casino
My Comments: Among the world of thought leaders I follow in the world of money, is a man by the name of James Dahle. He runs a site called The White Coat Investor. His primary audience is fellow physicians whose financial skills fall far behind their medical skills. Several times a week I get …
Still No Reason to Panic About Inflation
My Comments: To my mind, inflation is an existential threat when it routinely exceeds a certain percentage as defined annually. The challenge is to effectively define what is included in the measurement of cost increases and then to apply the resulting number to those who are affected. Those range at one end from those living …
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