My Comments: It’s Thursday when I post about RETIREMENT. You’ve heard me say time and again that retirement planning needs to assume one of you (if you have a spouse) is going to be around until age 100. And in every one of those years between now and then, everything you buy will increase in …
Continue reading One of the Oldest Rules for Retirement Saving Is Wrong, Experts Say. Here’s the Fix
My Tuesday Comments on Social Security: Some of us remember what happened in 1983 when Congress was sane and was facing a financial crisis. Within the span of six years, which happened to be the same six year election cycle of the Senate, the system was expected to crash. So bending to common sense, Congress …
Continue reading How Social Security’s Troubles Could All Just Go Away
My Monday Comments: All my clients, at least those who haven’t left me for greener pastures, are all concerned about the future of their money. Like me, most of them are going to need their money to pay bills as their years unfold. Losing a big percentage in a market crash makes us nervous. In …
Continue reading When Is The Next U.S. Recession And Bear Market?
My Comments: I have an interest in the immigration debate. I’m an immigrant, granted US citizenship on May 1, 1959. As I read horror stories about parents and others being deported, it has crossed my mind that I’m at risk. Probably not, but with ICE nosing about, who knows? It’s not just the New York …
Continue reading Check your math, central banker says: less immigration equals less growth
My Comments: Today is Wednesday and my topic is, as usual, ‘global economics’. The decline of the middle class has not happened overnight. It brings to mind the phrase ‘watching grass grow’ or ‘watching a car turn to rust’. You know it happens, but from day to day, you never notice any change. And what’s …
Tony’s Comments: Since today is Tuesday, this is about Social Security. For those of you who plan to retire one day, a basic understanding of Social Security and how it works is a critical element of your overall retirement planning strategy. This article appeared in Motley Fool, and for whatever reason, does not have an …
Continue reading Social Security’s Primary Insurance Amount: What Is It?
Tony’s Comments: What is often overlooked by those writing about the impending doom of the stock market is the age of the reader. What I mean by this is that if you are trying to accumulate money for your eventual retirement, and you have 20 or 30 years between now and then, much of what …
Continue reading The Longest Bull Market In History And What Happens Next
My Comments: To say I’m uncertain what tomorrow will bring is an understatement. For every article like this one that is pessimistic, there is another with presumably compelling logic that the next market crash of consequence will not be here until 2030 or later. At my age, I'm inclined to be cautious. Yes, I have …
Continue reading Here’s The Proof That U.S. Stocks Are Experiencing A Massive Bubble
My Comments: As you approach phase two of your adult life, please understand that the economic and financial dynamics can change dramatically. Retirement is when you have effectively turned off the ‘work for money’ switch and have turned on the ‘money works for you’ switch. That implies you have money and credits in place to …
My Comments: The article I share with you here appeared in Forbes, which no one thinks of as a liberal rag. The reality is that free markets evolve over time, with some markets proving resilient and profitable, and some going the way of the dodo bird. Putting limits on free trade makes little sense to …
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