My Comments: As a financial planner with thinning grey hair, my clients tend to be already retired or soon to be retired. A major worry we all face is the chance that we will slow down to the point where we need help to get from one day to the next. Sure, family members will …
Tag: adviser
4 Reasons Why Not To Go Long The S&P
My Comments: Some of my responsibility as an investment advisor is to provide warning if I think there are pending changes in market direction. But since I have no idea what I may eat for lunch today, telling folks about the next crash will happen is pure speculation. But... I compensate for this inability by …
Rural Hospitals Pressured to Close as Healthcare System Changes
My Comments: Most of us have long since put ObamaCare in the rear view mirror. We’ve acknowledged there are flaws and there will be unintended consequences, but for the most part, it’s the law of the land. Some of us have long since determined that it’s existence will be in our best interest over time. …
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Central Banks Pump Up the Volume
My Comments: The US Federal Reserve took a very different approach to helping the economy recover from the financial crisis that began in the fall of 2008. Pushed by Mr. Bernancke, the Fed provided what came to be called QE, which stands for quantitative easing. It kept interest rates low and effectively flooded the economy …
Being a Stock-Market Bull Just Got a Lot Harder
My Comments: For over a year now, I’ve been warning my clients that a reversal is coming in the stock market. As a result, we’ve slowly moved into investments that have reacted positively and made money during downturns. Only it hasn’t happened yet. Consequently, some of them are frustrated and angry with me because while …
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Seven Trust-Based Asset Protections Strategies for Clients
My Comments: This comes courtesy of a local friend and attorney who includes me among those with whom he shares insights. I'm unsure who should get credit for writing the actual text. Over these many years I've had many clients with trusts of one kind or another and clients who needed trusts but didn't have …
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Common Mistakes When Designating a Beneficiary
My Comments: With so many of us getting older, there is an increasing focus on what happens to our money when we die. If we don’t pay attention, large pieces of it may flow to the IRS and into the hands of others simply because we couldn’t be bothered to get it right the first …
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Bernanke Says 2008 Worse Than Great Depression
My Comments: Ben Bernancke is no longer Chairman of the Federal Reserve. However, before he became chairman he was widely recognized as a world class economist and an expert of the Great Depression. It was that expertise that gave him so much credibility as he maneuvered the Fed through 2008-2009 until earlier this year. There …
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For Retirement Portfolios, a Smarter Glidepath
My Comments: I’ve talked in earlier blog posts about the rate used to withdraw money from your retirement accounts. There is a prevailing sentiment that it should be 4% or less. I think that’s too low. On the other hand if I’m wrong, and 30 years later you discover you have run out of money, …
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Social Security Survivor Benefits: What Advisors (and clients) Should Know
My Comments: By now you know that I provide financial advice about Social Security and about ways to maximize your SSA benefits. That all happens when you are alive. Inevitably, someone in a married relationship is going to leave the building, as Elvis did. Then what happens? by Paul Norr / AUG 18, 2014 …
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Helping Define Your Financial Future 