My Comments: We all want it to be over, but despite what this guy says, it may just be wishful thinking… Oct. 27, 2015 By Luciano Siracusano, III Back on July 20, with U.S. stock indexes not far from their yearly highs, I said on CNBC that I expected the market to become choppier over …
Tag: Gainesville FL
WHEN You Retire Makes a Difference
My Comments: If you accept that life is finite, then luck and a roll of the dice has a lot to do with how your life will play out financially. Saving and investing for retirement over many years is a prudent strategy. Time is mostly on your side and the compounding of returns can help …
An Affordable Care Act Idea
My Comments: Based on my background in economics, finance and a professional interest in health insurance, on balance I have strong, positive feelings about the Affordable Care Act. Here is one reason why. Our culture has evolved to where instant gratification is in high demand, to where there is an assumption that any solution more …
Should You Pay Off That Mortgage Before Retirement? Not Necessarily
My Comments: In all my years as a financial planner, the mantra has been to make sure the mortgage goes to zero at about the time you retire and quit working for money. The crash of 2008-2009 has made this very difficult for a lot of people. Another strategy, not referenced by Kiesnoski, is to …
Continue reading Should You Pay Off That Mortgage Before Retirement? Not Necessarily
Your Retirement Plan Could Be Seriously Flawed
My Comments: I’ve been talking about retirement with clients for the past 30 years. From day one I’ve stressed that I have no idea what I’m having for supper tonight, much less how much money they will need 30 years from now. We can make projections and predictions until the cows come home but it’s …
Continue reading Your Retirement Plan Could Be Seriously Flawed
Desperate in Damascus
My Comments: The world is ‘a changin’. This was written just a little over two weeks ago. And now we hear Russia has sent cruise missiles from its’ navy ships into Syria. NATO is paying very close attention, given that Turkey is a member nation; this could get really ugly before its over. By Fred …
Hump Day: American Tourist’s Facebook Post About England Has Gone Viral
My Comments: England was my home until 1950, when I first came to the states. I have family there, along with memories of time spent with grandparents, aunts, uncles and cousins. While proud to be an American, I feel a little glee every time I come across my childhood issued British passport. I understand the …
Continue reading Hump Day: American Tourist’s Facebook Post About England Has Gone Viral
Gatorade 50 Years Later
My Comments: I had the pleasure, and the good fortune, to know Dr. Cade personally. Along with other friends and associates, we enjoyed lunch together over countless days. We told stories, talked business, sports, and shared gossip. He was delightful to be with and those days leave lasting good memories for me. The headline of …
“Borrowing” from Retirement Savings
My Comments: There is a fundamental truth to be gleaned from demographics. A great majority of us live well into our 80’s and beyond. And given the nature of our society, it’s better to have more money than less money. Accounts like an IRA, or a 401k or any number of other titles, implies that …
Financial Gravity
My Comments: It's easy to get upset by what is happening to the stock market, the bond market, and trying to make sense of it all. You either quit thinking about it or try to get your brain around it so that it fades into the background. Or not. Most think the crash of 2008-09 …
Helping Define Your Financial Future 