My Comments: Some of you reading this have money in 401(k)s and 403(b)s and cannot simply remove it and place it somewhere safer. Which means you’re completely exposed to the vagaries of the markets and you can only hope for the best. I learned long ago that HOPE is not an effective investment strategy. So …
Continue reading How your 401(k) can survive and thrive in the next bear market
My Comments: I may have retired from providing investment advice but I’ve not yet left the building. What happens in the world of money still interests me both professionally and personally. Attached to this post, by way of a link to a 12 page, downloadable report, is a projection from Guggenheim that says we’ll experience …
My Comments: We do not live in a perfect world. Flaws are all around us. As responsible adults, we always try to make good decisions, and mostly we succeed. Until we don’t. If you expect to live another 20 or 30 years, the money you’ll need to pay your bills has to come from somewhere. …
Continue reading The Perfect Storm (Of The Coming Market Crisis)
My Comments: Last Monday, I posted comments from three people who said with conviction there was no reason to expect a market correction any time soon. Today I have someone with no discernable name who says, also with conviction, that we’ll have one next year. Here’s my take on this: if you are 60 years …
My Comments: Once again, our assumptions about the future of the current bull market are challenged. I want these writers to be right, and that too is a challenge for me. I share it with you here in hopes it gives you a better idea about what to do with your money. By Krishna Memani, …
My Comments: As someone with presumed knowledge about investing money, my record over these past 24 months has been pathetic. I’ve been defensive, expecting the markets to experience a significant correction “soon”… I lived through the crash of 1987, the crash in 2000, and then the Great Recession crash in 2008-09. I saw first hand …
Continue reading One Of The Most Overbought Markets In History
My Comments: Are you a middle-class American? I used to be and may still be, but those like me are a dying breed. The economic devastation now engulfing a huge portion of Texas is going to reverbrate across the nation. Apart from the humanitarian crisis, it will add to the unseen crisis affecting middle class …
My Comments: I wasn’t here in 1929 but I was here in 2000. If there is such a thing as handwriting on the wall, you should be able to see it. We’d had a great run up and the year 2000 was just around the corner. Everyone was worried that our computers would crash because …
Continue reading U.S. Stock Valuations haven’t been this Extreme since 1929 and 2000
My Comments: I wasn’t here in 1929 but I was here in 2000. If there is such a thing as handwriting on the wall, you should be able to see it. We’d had a great run up and the year 2000 was just around the corner. Everyone was worried that our computers would crash because …
Continue reading U.S. stock valuations haven’t been this extreme since 1929 and 2000
My Comments: Readers of my posts know I usually talk about money or some aspect of it. My challenge over the years has been to assess the financial literacy of whomever I’m talking with. And that challenge increases with age; both mine and that of my friends and clients. This article might start a useful …
Helping Define Your Financial Future 