Ideas to help preserve and grow your money
My Comments: The last time interest rates started moving upward in a long term up trend was 1946. This lasted until 1981. Then they started moving down again. Now, 36 years later, they have once again started upward. The central bank, known as the FED, started moving them back up about a year ago. Granted, …
Continue reading Rates Won’t Skyrocket, So Ignore the Cassandra Chorus
My Comments: I’m NOT a workaholic. But I’ve learned that ‘retirement’ means very different things to people. For many of us, it’s an ugly word. For me it just means doing what I’ve done for decades, but with a recognition that today it takes me two hours to do what I used to do in …
My Comments: Retirement means different things to each of us; it may be when we quit a long career, or we need something less intensive, our current employer sucks, or maybe we simply stop working. If you’ve been disciplined, it’s time to let your money start working for you, always assuming you have some. But …
My Comments: Dr. Doom here once again! Fundamentally, I’m an optimist, except when the shadows of doom are clearly in the wings. If your money is exposed to the markets, I encourage you to read this. If you can, look carefully at the chart and note the changes in key metrics for our economy between …
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 …
My Comments: Forget for a minute that without changes from Congress, Social Security as we know it today will collapse. We’re probably 15 years away from that happening which means no one now in Congress gives a damn. In the meantime, many of you are starting to explore when and how to sign up for …
My Comments: I’ve been known to place a bet now and then. But Las Vegas, for me, is nothing more than a place to visit from time to time. But it takes all kinds, and if you are one who enjoys the uncertainty of your financial future, here’s an article for you to consider. Thanks …
My Comments: Scary. I’ll be gone by then, but are you kids listening? Allison Schrager / June 2, 2017 Financial disaster is looming, and not because of the stock market or subprime loans. The coming crisis is more insidious, structural, and almost certain to blow up eventually. The World Economic Forum (WEF) predicts that by …
My Comments: I graduated from high school some 58 years ago this month. So… Time for a visit and see who is still alive. And also meet up with my college roommate whom I haven’t seen for 54 years. A busy few days. He's the one in the middle staring at the camera. So I …
Continue reading Nursing Homes, LTC And College Planning Are Toast, So Is Retirement
My Comments: Myths, risks, assumptions, variables. What’s your poison? Retirement is both a frightening and exciting time to be alive. Frightening as it quantifies the start of the end and exciting because, if done right, it creates new opportunities for life. Wendy Connick \ May 26, 2017 Don't put your retirement dreams at risk by …
Helping Define Your Financial Future 