My Comments: The headline above should probably read ‘Sometimes’ instead of ‘Often’. It depends to some extent on when you die. Since that date is completely unknown, the only solution is to play the odds, and my recommendation these days is to assume you will live to be 100. That’s the conservative approach. Unless you …
Continue reading Claiming Social Security at Full Retirement Age is Often a Mistake
My Comments: Many ordinary investors, people who one way or another have retirement money invested in the markets, are worried. And they should be. I’m worried about my money. The tide is going to turn, and it’s probably not going to be a pretty sight. There are things you can do to protect yourself, but …
Continue reading Earnings Don’t Support A Continued Rally In U.S. Stocks
My Comments: I’m not fond of debt. But over the years, I’ve certainly had my share. But that is personal debt which is very different from institutional debt. My dynamics are finite ( I will die some day ) and defined by micro-economic rules; institutional debt is not necessarily finite and if you are speaking …
My Comments: There is a significant difference between avoiding taxes and evading taxes. Not less an authority figure than a former Supreme Court justice expressed that “…there is no obligation to pay more in taxes than absolutely necessary”. But evading taxes will perhaps land you in jail. That being said, the IRS is NOT going …
My Comments: Next month I start a series of workshops about Social Security. I’m somewhat fearful since this past weekend, I had questions from a couple of folks and while I thought I knew the answer, I wasn’t sure. One solution is to have you become a free member of an organization called the American …
My Comments: Followers of this blog have seen the ideas expressed by Scott Minerd. I share them with you as I think they are important ideas, intended by me to help you better understand the role that money plays in your life. As I’ve expressed many times, we live in a society where having more …
Continue reading Sustainable Development: The Future of Investing
My Comments: This is the first of five “truths” that appear in a brochure published recently by Invesco, a global wealth management company with offices in over 20 countries, serving clients in more than 150 countries. As you consider your wealth, or lack of it, these ideas may serve to keep you grounded and making …
Continue reading Five Truths Every Investor Needs to Know: #1
My Comments: Did you see the recent study that suggested continued part time work had a very positive effect on your health? My impression is that if you retire without a manifest new purpose in life, you are essentially sitting around waiting to die. I am aggressively filling my time with activities that reflect my …
My Comments: These five ways are not foolproof, but will at least give you pause for thought. In a couple of months, I’m starting a series of free workshops sponsored by the American Financial Education Alliance whose mission is to promote financial literacy across the United States. Check out their website if you are curious. …
My Comments: Global liquidity or lack of it, is a prescription for investment success, or lack of it. If your retirement funds are threatened, then this might mean something to you. It’s not something to obsess over but it’s something I watch out for and hopefully find some remedies. Some of our presidential candidates will …
Continue reading The Global Liquidity Trap Turns More Treacherous
Helping Define Your Financial Future 