My Comments: Financial literacy is becoming an obvious problem for millions of Americans. I’m not sure if there’s a way to fix it. Most people are either too busy to pay attention to their lack of knowledge, or are simply unaware they have little understanding of money, or since they don’t have any, it doesn’t …
Continue reading There are 3 fundamental money concepts most people still don’t grasp
My Comments: This is #6 in a series of 6 blog posts about Heath Savings Accounts, or HSAs. They are a potential game changer for those of you who qualify in that they have tax advantages and can suplement whatever else you are doing to set aside money for retirement. The writer of the article …
Continue reading 7 Reasons Why You Should Fund A Health Savings Account
My Comments: There are some well known market pundits out there whose advice can be taken seriously. But not always. We know historically stocks outperform most other kinds of traditional investments over time. That if you are accumulating money to use in the future, and that future is a few decades down the road, then …
My Comments: I don’t care if you are already receiving Social Security benefits or not, this is something every one of you should do. What you will find is that the Social Security website is a really good one, full of useful information and easy to navigate. If you expect to start receiving a monthly …
Continue reading If You Do Only 1 Thing This Social Security Month, Do This
by Tony Kendzior \ December 14, 2018 Being alive virtually anywhere on the planet in the 21st century carries with it certain risks. How you deal with those risks largely determines your sense of well being as you navigate the ups and downs of everyday life. Risks are all around us. Some are inconsequential and …
My Comments: Followers of my comments know that I’ve talked in the past about how to fix the projected ‘crisis’ of the Social Security system. I remember the last one, and in 1983 it was fixed. At least for the time being. What happened then was the upper threshold of income subject to what we …
My Comments: The last time interest rates started moving upward in a long term up trend was 1946. This lasted until 1981. Then they started moving down again. Now, 36 years later, they have once again started upward. The central bank, known as the FED, started moving them back up about a year ago. Granted, …
Continue reading Rates Won’t Skyrocket, So Ignore the Cassandra Chorus
My Comments: It’s a given there will be a ‘next recession’. People much smarter than me say it’s not many months away. It’s a normal event and we’ll most likely survive. What we may not survive, however, apart from a random collision with an asteroid, are the effects of income inequality across the planet and …
My Comments: Today is Monday, when I post something about investments. Scott Minerd is not only a global figure in this environment, he has the ability to reduce complex ideas to where even I can understand them. His message, as I understand it, is continue to ride the bull, but be prepared to panic at …
Continue reading Bull Market Complacency Calls for Caution—and Action
My Comments: Aging gracefully is not easy. When getting up in the morning is a struggle and you can’t remember if you’ve brushed your teeth, there may be a looming bump in the road. Dr. Gloom here again. I suppose there is value in denial. At least I hope so. Couple that with both the …
Helping You Prepare Your Financial Future 