My Comments: OK, I’m not a CPA and I’m talking about a tax matter. Please don’t call the FBI on me. If you have money in an account and it it got there before income taxes were applied to the money you earned, it’s known as a “qualified account”. Simply put, it “qualified” for special …
Continue reading Calculating Required Minimum Distributions From a Tax-Qualified Retirement Account
My Comments: Clients ask me what is likely to happen to their investments if Donald achieves the White House. Frankly, I have no idea. You might as well ask me what I’m having for lunch next Monday; I have no idea. But his candidacy and his expressed values will influence how he might think and …
My Comments: We take them for granted. A place to park money that earns a little bit and can be used to buy stuff or used to invest somewhere else. If you’re bored by finance and economics, this post is not for you, even though it may affect your wallet along the way. by Bob …
My Comments: When do you plan to die? If you can’t answer that question, and instead assume you will live a long and productive life, then chances are you’ll want to delay the start of your monthly social security checks. There are, however, valid reasons beyond an early trip to the grave to justify taking …
My Comments: My thinking about a market crash is evolving. I think it’s much closer than it was six months ago. I think it will be relatively short lived. I don’t expect it to be as deep as the one that happened in 2008-2009. But it will happen, and for some of us, it will …
My Comments: The system is rigged; just not the way you think it is. These words by Bill Moyers are almost enough for a book. So be prepared. I’m increasingly persuaded that the social ills in this country, from racism, to mysogeny, to conflict with law enforcement, all down the line, are highly correlated with …
Continue reading Bill Moyers: Economic Inequality Is a Threat to the Very Core of Our Democracy
My Comments: In keeping with my effort to stay away from Woe & Gloom stuff, here is my latest, read it and don’t weep article. Sept 28, 2016 | by Barbara Kollmeyer The bulls have been nervous for a while, yet the stock market keeps rising. Those who think the market has run out of …
Continue reading 3 Reasons Bulls Can Believe In This Stock-market Rally
My Comments: Like a pig going through a python, baby boomers represent a demographic with staggering economic implications. I’m on the front end of that demographic, and those of you behind me are coming to terms with the concepts of retirement and getting older. It’s the primary reason we perceive there’s a change happening in …
My Comments: More potential woe and gloom for those with money in the markets. Will it happen today? It may have started last Friday, but who knows. There are a lot of charts shown which I’ve elected not to include here. Instead I’m giving you a link at the bottom so you can follow it …
Continue reading Extremely Rare Volatility Signal Says A Big S&P 500 Move May Be Coming
My Comments: No words from me are required or necessary. Just remember this was in 2007, with George Bush in the White House, and a presidential election on the horizon. By pollwatcher on Thursday Aug 11, 2016 Here’s what Wolf Blitzer (CNN) played, taken from the transcript: BLITZER: The war is hovering over politics right …
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