My Comments: Dr. Doom here once again! Fundamentally, I’m an optimist, except when the shadows of doom are clearly in the wings. If your money is exposed to the markets, I encourage you to read this. If you can, look carefully at the chart and note the changes in key metrics for our economy between …
Tag: financial advisor
Retirement: Get Help or Not?
My Comments: Some people have an innate ability to look after money. Others, not so much. This is especially critical as you transition from working FOR money to when money is working FOR YOU. We call this retirement. It’s further complicated because the financial advice industry is now undergoing a massive shift in how you …
Nursing Homes, LTC And College Planning Are Toast, So Is Retirement
My Comments: I graduated from high school some 58 years ago this month. So… Time for a visit and see who is still alive. And also meet up with my college roommate whom I haven’t seen for 54 years. A busy few days. He's the one in the middle staring at the camera. So I …
Continue reading Nursing Homes, LTC And College Planning Are Toast, So Is Retirement
Dangerous Retirement Myths
My Comments: Myths, risks, assumptions, variables. What’s your poison? Retirement is both a frightening and exciting time to be alive. Frightening as it quantifies the start of the end and exciting because, if done right, it creates new opportunities for life. Wendy Connick \ May 26, 2017 Don't put your retirement dreams at risk by …
Maximize Your Medicare
My Comments: The ideological fight now gripping much of the country includes healthcare and whether it’s a privilege or a right. It is moving rapidly into the arena of a ‘right’ as opposed to a ‘privilege’. Some of this is driven by demographics; the number of people qualifying for Medicare is growing daily. Some of …
Demographics and Money
My Comments: If you are in pretty good health today, chances are you’re going to live into your 90’s. Which begs the next question: “How are you going to pay for food, shelter, medical care, etc.”? This is a global conundrum, brought about by medical advances and a reluctance on the part of people like …
Is The S&P 500 Overvalued?
My Comments: Are you willing to bet your financial future that this time it’s different? 27 days after this was written and it’s only gotten worse. By Aaron Hankin | April 18, 2017 Given rising geopolitical tension in the Middle East and North Korea, and rising skepticism about Trump administration policy, you could be excused …
A Revocable Living Trust?
My Comments: For the record, I am NOT an attorney. However, questions always surface about trusts. What are they exactly, how do they work, what kinds are there, which ones are appropriate for me, etc. These words from Jim Probasco go a long way toward a better understanding about the most common form of trust …
Social Security Myths
My Comments: Social Security benefits are almost universally critical to retired Americans. The transition from working for money to having money work for you is complicated and perilous. Know as much as you can before you commit. Tom Anderson – April 25, 2017 You probably know less about Social Security than you think. More than …
Flashing Red Ratio
My Comments: Will stock prices plummet? Maybe… The Ratio That Predicted The 2001 And 2008 Stock Market Crashes Is Again Flashing Red by Atle Willems, May 4, 2017 The co-movement of the stock market and the money supply to saving ratio has been obvious especially in recent decades. But the two have now dislocated with …
Helping Define Your Financial Future 