Greetings! I trust that this will find you well and enjoying life. The question often is, is there a biggest mistake people make when approaching retirement? In my opinion, there is a mistake that involves the biggest possible consequences. Many people in their 50s and beyond are making a serious mistake and it has…
Continue Reading Avoid This Mistake Before You RetireCategory: Uncategorized
Where Are You In Life?
Greetings! I trust that this will find you well and enjoying life. Last week we looked at the effect media bombardment has on our emotions and quite possibly our decision making regarding our finances. We’re getting a big dose of information that’s tough to digest thus far this year. Consider all…
Continue Reading Where Are You In Life?It’s All Cyclical
Greetings! I trust that this will find you well and enjoying life. We live in an era of hyper information and we are well served to examine the effect it has on us. Media sources are vying for our attention and will go to almost any length to gain our following…
Continue Reading It’s All CyclicalMarket Corrections
Greetings! I trust that you are well and enjoying life. Market corrections are challenging for investors of all types. This is due to their speed, unpredictability, and typically, the fact that underlying catalysts are somewhat unique with each episode. Also, easy answers to these dynamics are often difficult to come…
Continue Reading Market CorrectionsTypes of Retirement Plan Investments: Bonds
Greetings! I hope and trust that this finds you well and enjoying life. To further our discussion about investing basics and your retirement this week let’s examine bonds. How do bonds work? A bond is basically an IOU. Bonds, sometimes called fixed-income securities, are essentially loans to a corporation or governmental…
Continue Reading Types of Retirement Plan Investments: BondsTypes of Retirement Plan Investments: Stocks
Greetings! I hope and trust that this finds you well and enjoying life. To further our discussion about investing basics and your retirement this week let’s examine stocks. When you buy a company’s stock, you’re purchasing a share of ownership in that business. You become one of the company’s stockholders. Your…
Continue Reading Types of Retirement Plan Investments: StocksThe Transistion Into Retirement: The Three Legged Stool
Greetings! I hope that this finds you well and enjoying life. Traditionally, retirement income has been described as a “three-legged stool” comprised of Social Security, traditional employer pension income, or one that you create for yourself and individual savings and investments. With fewer and fewer individuals covered by traditional employer pensions…
Continue Reading The Transistion Into Retirement: The Three Legged StoolMaintenance on Your Retirement Accounts
Greetings! I hope this finds you well and enjoying life. In light of the recent activity in the market, I felt that the following information on retirement portfolio maintenance might be in order. Have you checked your retirement plan lately? It’s generally a good idea to review your retirement savings plan at…
Continue Reading Maintenance on Your Retirement AccountsUnderstanding Your Risk Tolerance
Greetings! I trust that this will find you well and enjoying life! How’s your ability to withstand short-term losses? This is the question at the core of any discussion of risk tolerance. Some people are able to ride through turbulence in the financial markets with a shrug while others suffer headaches. What…
Continue Reading Understanding Your Risk ToleranceThe Solution
Greetings! I hope this finds you well and enjoying life. Here we are again at a high point in the cycle of economic uncertainty. I say in the cycle because economic uncertainty is cyclical like stocks are cyclical, bond prices are cyclical, real estate is cyclical and pretty much any asset…
Continue Reading The Solution