My Comments: This reminds me of an old gag by Jack Benny. Well known for being cheap, he was confronted by someone with a gun who said, “Your money or your life!”. Jack took his time and when pressed for an answer, replied “I’m thinking”. I’m slowly re-evaluating my focus on not losing money, to …
Tag: investment advice
Here’s how bruised bears should approach this resilient stock market
My Comments: I’m facing increased criticism for preaching woe and gloom. In spite of a 24 month rain dance to herald the start of a storm, the sky is still clear, if a little overcast. Maybe it is different this time. That being said, it’s time to stop with the woe and gloom and focus …
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5 Smart 401(k) Moves to Make Now
My Comments: You say you don't have a 401(k)? Maybe you have a 403(b), or an IRA with exposure to the market. If you are in or close to retirement and your investment portfolio goes to hell, you simply don’t have enough time to hope it recovers and gets back on track. Be defensive for …
What All Bubbles Have In Common
My Comments: My brain is tired. Too much political angst, too much monetary crap, not enough positive feedback. And here’s some more monetary crap. But if you are like me and are not expecting to win the lottery anytime soon, then bubbles become important. And like it or not, they tend to burst and create …
A Reverse Mortgage Can Save Your Retirement!
My Comments: Many of you may react negatively when you hear the term ‘reverse mortgage’. At one time that reaction was a reasonable response, but not any longer. Reverse mortgages are now a legitimate financial planning tool that advisors like me employ when the circumstances are appropriate. As you will read below, they can be …
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The Stock Market Is About To Have A ‘Final Melt Up’
My Comments: Anyone who suggests they know what is likely to happen to the markets in the coming days is probably just hoping they will be right. And that includes me. A high percentage of significant market downturns have happened in August and September. This article suggests there is an event planned for the end …
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ThrowBack Thursday: My College Days
About this time some 57 years ago I arrived in Gainesville, Florida. I was a freshman with no clue yet what to study and no meaningful focus other than survive on my own with a vague sense of taking the next steps. I found myself enveloped in a group of non-conformists whose extra-curricular avocation was …
Don’t Expect To Make Any Money In The Market For The Next 7 Years
My Comments: I have no idea whether this will prove to be true or not. But it sure enters my thinking whenever I talk about money with clients and how they are going to pay their future bills. And how I'm going to pay my bills. John Mauldin, Economics, Jul. 28, 2016 The next recession …
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10 Retirement Decisions You Will Regret Forever
My Comments: This list comes from Kiplinger, and is relevant to many of the people I talk with daily. I’ve only include two of the ten here. To to find the rest you’ll need to click on any of the images which will take you to the Kiplinger site. If for any reason, they block …
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A DIVIDED AMERICA: Rural vs. Urban
My Comments: Economic reality drives most lives today. It shapes our ideas about politics, about family, about national security, and our fears. Almost all of us agree that life is better with more money than with less money. So where you live has a huge influence on your economic reality, and as a result, how …
Helping Define Your Financial Future 