WEEKLY QUOTE“An inventor is simply a fellow who doesn’t take his education too seriously.” - Charles Kettering WEEKLY TIP Some people open a retirement account only to “set it and forget it,” leaving the asset allocation unchanged for years. As you get older, be sure to...
WEEKLY QUOTE“You can only perceive real beauty in a person as they get older.” - Anouk Aimée WEEKLY TIP If you gift stock to help your student pay some college costs, be careful – if the gain is too large from the sale, your child’s unearned income...
WEEKLY QUOTE“No rational argument will have a rational effect on a man who does not want to adopt a rational attitude.” - Karl Popper WEEKLY TIP This is the time of year to get your “tax file” ready. Start a file in which you can compile your W-2s,...
It isn’t too early to think about next year. We are now in plain view of the “fiscal cliff”. After the election, Congress may or may not end up keeping income and estate tax rates at their recent levels. Next year may bring some notable financial...
What does history show – and should we value it? As an investor, you know that past performance is no guarantee of future success. Expanding that truth, history has no bearing on the future of Wall Street. That said, stock market historians have repeatedly analyzed market behavior...
Things to think about when planning for a single retirement. Most retirement planning literature portrays a retirement transition in the context of a couple or a family – but what about those who retire alone? What particular challenges do they face, and how must their preparation...
The answer to that question varies per person. How much salary should you defer into a retirement plan? Ultimately, the answer is “however much your budget allows you to contribute”. The big-picture question, however, is whether you need to contribute more to your retirement savings in...
WEEKLY QUOTE“All right, I am corny. But I think there are about 140 million people in this country just as corny as I am.” - Walt Disney WEEKLY TIP If you are expecting a child, take a moment to calculate the amount left on your mortgage and to roughly...
Little things to keep in mind for life after work. Decades ago, there was a popular book entitled What They Don’t Teach You at Harvard Business School. Perhaps someday, another book will appear to discuss certain aspects of the retirement experience that go unrecognized - the...
Investors in longer-term Treasuries could see some rocky road ahead. We have seen an epic “flight to safety” this spring. In April alone, $20.6 billion moved into bond funds, according to Lipper. In the same month, $12.7 billion left stock funds (which marked the 12th consecutive...