If you’re reading this column there is a good chance you’re hoping I have an answer to the question everyone is asking right now. What is going on! I will do my best do provide some context to recent market volatility. In the mid-2000’s, the Federal Reserve Bank (Fed) was [...]
Covid has been hard on us all, but maybe harder on Baby Boomers than any other group. A recent survey conducted in August by Coventry Direct provides some interesting insight into the mindset of today’s working seniors. According to the survey, nearly 4 in 5 Boomers wish to retire earlier [...]
Generally by this time in July, big money investors have fled the city, found a cooler place or a beach, whichever their pleasure, and put trading on hold until after Labor Day. This year feels a little different. For one thing, millions of new Millennial speculators are still hard at [...]
Today we will review some of the amazing financial market occurrences of 2021 thus far to try to polish the crystal ball for the next six months. First, what sectors won the performance contest? Energy rose by a hair less than 40 percent. How is that for an industry the [...]
We have graduated another class of young people from high school and college. I want to focus upon the subject that most of us did not study formally and which is often caught only from our family experience, if even then. That is personal finance. Even for these new graduates, [...]
From decades of American stock market experience comes the saying that one should sell in May and go away. It is May and we have experienced a tremendous run up in stock prices since March, 2020, so it seems a good time to examine this old adage. There is a [...]
While the best principles concerning investing are probably first, to begin early and second, to invest often and regularly, selling is a whole different proposition. Will Rogers, American humorist of a century ago, wrapped up the whole process like this with a bow: Don’t gamble; take all your savings and [...]
What would you say if I told you that most Americans have no understanding of how the most valuable thing they own works? Hopefully you would say you do. But, according to a 2019 study by Value Penguin the majority of you reading this would have to admit you don’t. [...]
Three weeks before the election, I am in a state of inner turmoil and foreboding. Me, the optimist for whom the glass is always mostly full. (But I have heard that an optimist is a person who just does not understand the situation!) If ever I have bobbed in a [...]
Has the whole world gone crazy? Are you and I the only sane people left? It’s hard to turn on the news without either wanting to curl up in the fetal position or smashing it with the nearest heavy object. We find ourselves in an argumentative world that shows no [...]
