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: For the past 18 months, there has been a war on immigration, fostered by Donald Trump and most Republicans. It portends an economic disaster for the US economy. Yes, open borders will inevitably allow some bad people into the country. But it will also allow some really good people in as well, and …
Continue reading Welcome, Immigrants. The U.S. Really Needs You
My Comments: Followers of my comments know that I’ve talked in the past about how to fix the projected ‘crisis’ of the Social Security system. I remember the last one, and in 1983 it was fixed. At least for the time being. What happened then was the upper threshold of income subject to what we …
My Comments: I’ll admit to having done poorly as an investment advisor these past few years. My history was and has been shaped by our collective experience following what became known as Black Monday on October 10, 1987. On that day, we were glued to the radio or TV as the DOW dropped over 22% …
Continue reading The Bull Market Could Be Speeding Right Into a Brick Wall
My Comments: Anyone of you who has money invested or is dependent on cash flow from your investments to pay your bills needs to be concerned. What follows is a very good explanation for anyone who whose time horizon for retirement is less than 10 years. Uncertainty is the biggest driver of global pullbacks in …
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: These are strange times. I'm having a hard time coming to terms with my beliefs and values as a human and the values and beliefs as expressed by others. Mine have evolved over the past 76 years and encompass everything that defines me as a member of society. I'm comfortable in my own …
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: For millions of us, Social Security is a critical component and source of income as we attempt to flourish and enjoy our retirement. For those of you who decry the idea of ‘socialism’, I encourage you to attempt to finish your life without every cashing one of your monthly checks. Yes, you might …
Continue reading 7 Social Security “did you know” moments to consider
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
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