My Comments: Retirement at some point in your life is both a goal and an outcome. It may happen voluntarily or it may be forced on you. Regardless of how you get there, chances are you’ll still have bills to pay. Those bills will be paid from money you’ve saved and accumulated or from Social …
Continue reading The Truth About Social Security: Setting the Record Straight
My Comments: To say I’m uncertain what tomorrow will bring is an understatement. For every article like this one that is pessimistic, there is another with presumably compelling logic that the next market crash of consequence will not be here until 2030 or later. At my age, I'm inclined to be cautious. Yes, I have …
Continue reading Here’s The Proof That U.S. Stocks Are Experiencing A Massive Bubble
My Comments: Little is said these days about those who are investing for the future and are still working vs those investing for the future who are no longer working. Think of it as being defined as the accumulation phase of your life vs the distribution phase of your life. Different rules apply. Vanguard Funds …
Continue reading Vanguard’s Chairman Sees Muted Decade for Stocks After Long Rally
My Comments: Frankly, I have no idea if it will or not, but I tend to pay attention when people smarter than I start talking about stuff that is clearly an existential threat to my financial well being and that of my clients, family and friends. If the money you have saved is critical in …
Continue reading The market will crash this year — and there’s a good reason why
My Comments: We can argue ‘till we’re blue in the face about when this is going to happen and none of us will be right. Just know it will happen. There’s a reference in Scott Minerd’s comments below about the Fed raising interest rates. Here is a chart I found some time ago that shows …
Continue reading Guggenheim investment chief sees a recession and a 40% plunge in stocks ahead
My Comments: They say money is the root of all evil. While that may be a fundamental truth, it’s also true that in our 21st Century society, having more money is better than having less money. As I develop my online course focused on helping people achieve a successful retirement, the idea behind having more …
Continue reading 12 Retirement Investment Factors That Are Frequently Overlooked
My Comments: Little is said these days about those who are investing for the future and are still working vs those investing for the future who are no longer working. Think of it as being defined as the accumulation phase of your life vs the distribution phase of your life. Different rules apply. Vanguard Funds …
Continue reading Vanguard’s Chairman Sees Muted Decade for Stocks After Long Rally
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: If you’ve read my blog posts these past few months and years, you know that I have no idea what is coming next. What I do know, however, is that anyone who says “it’s different this time" is full of s**t. It’s the nature of the beast for there to be corrections, and …
My Comments: I struggle, day to day, just like you, to figure out what the markets are going to do because so many of my friends and clients are exposed to market risk. Are you exposed to market risk? Does it worry you at all? If not, you don’t need to read this. But if …
Helping Define Your Financial Future 