My Comments: In recent posts I’ve suggested there is a looming crash in the markets that will negatively impact all of us, except perhaps those of us with the ability to go to cash and go short when the crash happens. To hedge my comments, I’ve said “sometime in the next 3 years.” Here is …
Tag: Gainesville FL
J.P. Morgan Weekly Market Recap – October 6, 2014
Here is the most recent Weekly Market Recap from J. P. Morgan and Co. It's a great summary of what is going on to help you make better decisions about your investments. Click on the following image and you'll find yourself at a JPMorgan webpage to download it and read at your convenience.
Shoeshine Boys and Thinking At The Margin
My Comments: When the last crunch time came in 2008 and 2009, I vowed to find a better solution for my clients. The idea of losing 30% or more of the value of your retirement holdings over the course of a few months is devastating. For many, it’s taken years to get back to where …
For Safety and Yield, Where’s the Best Place to Park Cash?
My Comments: There’s an old adage in this business that “Cash is King”. You be the judge going forward. By Adam Zoll | 09-16-14 Question: I'd like to invest a portion of my cash holdings in something safe that will earn at least a little interest. Between a money market account and a short-term bond …
Continue reading For Safety and Yield, Where’s the Best Place to Park Cash?
Hidden Bonus: Taking Early Social Security Payments
My Comments: I’ve said it before and I’m sure I’ll say it again: when to claim Social Security benefits is a complex question. On one hand, if you know you will live to life expectancy, it’s a fairly simple math question. But on the other hand, if you don’t know when you will die, or …
Continue reading Hidden Bonus: Taking Early Social Security Payments
Do Retirees Need Long-term Care Insurance?
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 …
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 …
Before You Send Your Child Off To College…
My comments: Yes, I know this should have been posted several weeks ago. But I didn’t have it then. The advice come from an attorney in Michigan by the name of Julius Giarmarco whose website can be found HERE. I’m unsure how rules in Michigan differ from any other state but I suspect the fundamental …
YOU WORRY ME!
My Comments: I’m very conflicted by current events in the Middle East. On one hand I’m a dove, sick and tired of the hatred and death and tribal motivations of the people involved. It also reinforces my discomfort about religion since the conflict always seems to be driven by a false belief that “my God …
30 Common Obstacles to Estate Planning
• It’s too expensive • My attorney takes care of that • Planners just want to sell me something • Too complicated • It may jeopardize my own financial security • My children want me to spend it all • Leaving too much to my children can make them unmotivated • My children are financially …
Helping Define Your Financial Future 