Your Safe Retirement Coach
Burton G. Malkiel is the author of the classic (now in its Tenth Edition), “A Random Walk Down Wall Street“. He’s not some analyst working for an investment firm that may or may not have an agenda that they need to “grind” and his book still makes good sense after all of these crazy markets. [Read More...]
In an event that has largely been ignored, or just taken for granted (how sad is that?), the national debt of the US has now surpassed our GDP. I’m not sure what’s more pathetic – the fact that no one has highlighted this, the fact that this is the way things are today, or the [Read More...]
My friend, Jack Hough of Smart Money Magazine, has been writing a lot lately about the benefits and resurgence of dividend paying stocks in this current market. He points out that in this market, yields are tough to come by and many dividend paying stocks have lost value in the recent past. In the article [Read More...]
The extension of the payroll tax cut may result in weakening Social Security. The point was clearly driven home when liberal, Bernie Sanders sided with Republicans in voting against the extension of the tax cut. So what’s the story here? Well the tax actually funs Social Security and obviously the gap has to be made [Read More...]
I think that there are many millionaires and billionaires who would tell you that their taxes SHOULD be raised. I also think that there are many people who make $250k a year who believe that they shouldn’t be grouped with those millionaires and have their taxes raised. I also believe that the rhetoric in Washington [Read More...]
One of the finest financial writers, Jack Hough, who (full disclosure) used to work next to me during our time as financial advisors together, recently open my eyes to the reality that an old “pack of dogs” has returned with a flurry on Wall Street. When many retirees ask me how they can achieve yield [Read More...]
The question in this market is: do you do nothing or do you jump into the icy waters and try to navigate towards a profit? I’ve always been a believer that even in the worst of markets, you can still be fully invested. This means that sticking money under the mattress may seem smart when [Read More...]
Sometimes clarity comes from the most obvious places. My teenage son recently asked me why anyone would want to invest in the stock market. Being a former stockbroker, I was able to give him the well crafted explanation of the benefits of the equity market for firms, country and investors. I felt satisfied that I [Read More...]
Understanding annuities is a necessary part of your (ongoing) financial education whether in retirement or looking forward to retirement. There are many different types of annuities. Fixed and variable annuities are what most of us are familiar with. The reality is that there are many annuity products. As with any investment product, they were created [Read More...]
The recent stock market fluctuations are causing havoc with people’s retirement accounts, particularly 401(k)s where the majority has been invested in stock. You add in the loss of the US’s AAA credit rating and this will cause gray hair for any one who doesn’t already have it. AARP put out a nice article about the [Read More...]
