If I’m honest, the past decade or so have not been great for investors who actively manage or diversify their accounts. Many like Warren Buffet who espouse the strategy of simply buying low-cost S&P index funds, have done very well especially since 2009. With the nearly unprecedented run our nations [...]
Road sign to bond market My goal today is to give you some remedies for the plummeting bond values from which most of you reading this are suffering. One oft distributed piece of radio wisdom these days is that, in retirement, it’s all about income. I respectfully disagree [...]
This past week is always a busy one for investment advisors. Despite the fact that Tax Day comes at the same time every year, many wait until this last week to make year-end contributions to their IRA accounts in an attempt to reduce their overall income tax liabilities. Unfortunately, for [...]
This past weekend I got the pleasure of meeting a man with a very interesting story. While making small talk with him he mentioned he owned a concrete recycling company. Having never heard of such a service, I was intrigued and asked him to tell me more about what they [...]
The Federal Reserve Board Chairman Jerome Powell tells us that the present surge of inflation is transitory. But whatever its duration, it is wreaking havoc on the budgets of many American families. Just in terms of gasoline, a two wage-earning couple could easily be spending an additional $100-$150 per month [...]
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 [...]
As a baby boomer generation member, I can recall feeling an incredible sense of pressure as a young person in the 1960’s. There were so many of us with which to compete. Unlike now, there were more looking for work than there were positions. I thought I had to [...]
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 [...]
One of the ways we as a firm have attempted to stop the spread of Covid has been to encourage employees to work from home when it makes sense to do so. Generally, when I am working from home I have the news on in the background. I am struck [...]
