My Comments: Worrying about your money is a normal activity. At least it is for me. That being said, to the extent you have money somewhere where your principal is not guaranteed, I think there is a high probability you will soon suffer some losses. Actually, unless you sell at a loss, you really haven’t …
Continue reading Here’s How You Know The Stock Market Is Hugely Overvalued
About this time some 57 years ago I arrived in Gainesville, Florida. I was a freshman with no clue yet what to study and no meaningful focus other than survive on my own with a vague sense of taking the next steps. I found myself enveloped in a group of non-conformists whose extra-curricular avocation was …
My Comments: We live in a biased world and are likely to remain in a biased world. I find it helpful to read ideas expressed by people who live outside the US and have a different bias filter. This is one of them. By Edward Luce, August 14, 2016 Until recently most of the world …
My Comments: This is pretty basic stuff but for many of you who have yet to seriously think about where the money is going to come from when you retire, this is a must read. I also encourage you to go to the ssa.gov web site and register yourself. by Diane Archer June 30, 2016 …
Continue reading Social Security: What to know before claiming benefits
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 …
My Comments: If I’m guilty of a ‘liberal media bias”, so be it. As an economist and financial professional for the past 40 years, I think I know how to read the tea leaves of global economic reality. They say our economy is relatively solid. Unemployment is low and growing. Corporate earnings are OK, if …
Continue reading The Real Economy Trumps Republican ‘Dark Ages’
My Comments: I’ve been a registered Democrat since I first registered to vote back in 1962. Back then you had to be registered as a Democrat if you wanted to participate in the primary elections. Republicans only showed up on the November ballot. Democrats lay claim to a higher level of tolerance for those whose …
My Comments: Another brick in the pile that says we’re headed for a market correction. A major clue is called the price to earnings ratio or P/E. It’s a readily available metric that helps understand relative valuations. The Shiller CAPE ratio is today recognized as the better measurement of market valuations. Currently, it is almost …
Continue reading This Stock Market Rally Is Going To Fall Apart
My Comments: More ideas about the ongoing saga of when and how to best apply for Social Security benefits. 02/24/2016 There are many benefits to marriage, but one you may not yet have considered is the flexibility married couples enjoy when deciding how and when to claim Social Security. Even though the basic rules apply …
My Comments: If you are approaching the age when retirement is on your mind, a critical question is always “how are you going to pay for it?”. Experts are telling us there is a new risk to be aware of, and it’s called longevity risk. Simply put, it’s the threat posed by living beyond your …
Continue reading Saving enough to live to age 100 not a very useful goal
Helping Define Your Financial Future 