My Comments: For many years, the financial industry has been telling those of us who work with clients that as the baby boomers age, trillions of dollars are going to flow to the next generation. The objective has been for us to help those people make good decisions. Or at least that’s what they would …
Tag: investments
A Chilling Message About The Stock Market
My Comments: This is about something called an IPO. For the uninitiated, this is an Initial Public Offering. It’s when a company, new or old, attempts to raise capital by offering shares representing an ownership interest to the general public. It’s like a giant, global auction. It's not the final bid that determines how much …
Prepare For A ‘Rockier Road Ahead’
My Comments: Investing money for the faint of heart is at best, a guessing game. Too much in ‘safe’ bonds and you get hammered when interest rates rise. Too little in ‘risky’ stocks at the bottom of a market trough and you get hammered when the next upturn happens. As explained here, the ups and …
Why You’ll Need to Own More Stocks After You Retire
My Comments: For many of us, retirement once seemed like a glorious goal to achieve. Now that many of us are here, the light isn’t so bright. As a financial planner, both for myself and others, the landscape is very different from what it was as little as twenty-five years ago. The fundamentals are the …
Continue reading Why You’ll Need to Own More Stocks After You Retire
How To Retire Despite Low Interest Rates
My Comments: Don’t expect interest rates to increase anytime soon. Decisions by the Fed will influence the prevailing level of interest rates but in the background is the everpresent supply and demand curve. This simply states that the price being paid (interest rate) is a function of how much there is available compared to the …
Here’s The Big Economic Risk The Federal Reserve Is Willing To Take
My Comments: In the world of finance, especially here in the US, what the Fed does is a huge determinant of how our lives play out when it comes to our money and purchasing power. People have made and lost fortunes on their expectations of what the Fed will do next. Here is ‘projection’ about …
Continue reading Here’s The Big Economic Risk The Federal Reserve Is Willing To Take
Keeping America Great (Again)
My Comments: Despite what some so called "leaders" are exclaiming, America is still a great place to live, work and dream. Sure, there are some troubling issues to deal with, but tell me, was there any point in time when there was perfection. I don't believe you can. Personally, I’m far more interested in what …
You Can’t Keep Your Money Safe And Grow It At The Same Time
My Comments: The market continues it’s turmoil and there is no end in sight. Yet. Clients and people with whom I talk have two major fears. The first fear is outliving their money and the second is, with interest rates at historic lows, how do they earn enough for it to be meaningful. Life has …
Continue reading You Can’t Keep Your Money Safe And Grow It At The Same Time
Read This Before You Take Social Security Benefits
My Comments: Social Security is a complicated topic. If you are not yet 70 years old, and/or have not yet committed to how you will take your Social Security benefits, you should read this. With so many variables, the typical process for making a good decision is total confusion for most people, even financial planners. …
Continue reading Read This Before You Take Social Security Benefits
About That Fresh Fruit We Love So Much
My Comments: 20 years ago, I had no problems with the North American Free Trade Agreement. Today, 20 years later, I have no basic problems with the premise which allows goods and services to be translated freely across North America. But there are obvious unintended consequences, which are described in this article. By Susan Grigsby, …
Helping Define Your Financial Future 