My Comments: We’ve been living in a low interest rate environment for some years now. The general consensus has been that they can’t get any lower and that the Fed will push them up if and when the US economy starts to see any inflationary pressure. I know that clients, who for years depended on …
Tag: investment advice
Is It Too Late To Get Back In?
My Comments: This is a writer I’ve learned to enjoy over the past several months. I’ve used his articles before and I do so here again. He makes such good sense. posted by Jeffrey Dow Jones July 17,2014 in Cognitive Concord I get all sorts of questions from all sorts of different investors. As strange …
Gauging The Stock Market With The Tocalino Index
My Comments: Football season is about to start, Ukraine is still bothered by the Russians, and Ferguson, Missouri is still a mess. So here I am talking about the stock market and an index I have never heard of before. I suspect you haven’t either. But there is reference here to the Misery Index, which …
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9 Reasons Consumers Need Advisors More Than Ever
My Comments: This is a self-serving blog post. While I should apologize for this, there are millions of Americans who will find themselves looking for financial freedom in the years to come and unless they have developed the necessary skill sets, they will find themselves behind the curve in a big way. Somebody has to …
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3 Essentials Missing From Many Retirement Plans
My Comments: One thing I’ve learned over the years is that people in my profession have a profound bias when it comes to trying to explain the dynamics of money. We include a lot of self promotion. I’ve also learned that I’m not immune to this bias. Some of this is justified since probably 95% …
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10-Year Investing Forecast: Takeaways for Advisors & Clients
My Comments: When you look back ten years from now and wonder if this article came anywhere close to reality, you must remember that people are much happier with you if you estimate low returns and reality turns out to be high, rather than the other way around. The charts are hard to understand, at …
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The Typical Household, Now Worth a Third Less
My Comments: You have read my posts before where I talk about income inequality (the HAVES vs. the HAVE NOTS) and how if left unchecked, could result in social chaos in this country. Probably not in my lifetime, but definitely affecting the lives of my grandchildren. It’s an issue that demands discussion among ourselves and …
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Wealth Managers Enlist Savvy Spy Software to Map Portfolios
My Comments: I’ve been playing this financial game now for almost 40 years. And like so much in today’s world, it’s very different today than it was then. Technology forces us to embrace new thoughts and ways to deal with so much in life. When it comes to managing your money, my role as an …
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New Longevity Annuity Rules: 5 Things to Know
My Comments: Earlier this week I introduced the idea of a QLAC. If you didn’t see it, click on the link and check it out. Some of you are going to want to use this contract as soon as it becomes available this fall. Others are going to think about how your investment mix will …
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Sensible Expectations for Inflation
My Comments: When I talk with prospective clients and those already clients, I talk about existential risk. These are risks that may or may not happen, depending on any number of variables. One of them is inflation since it reduces the purchasing power of your dollars over time. Another existential risk is the financial burden …
Helping Define Your Financial Future 