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...
WEEKLY QUOTE“Your time is limited, so don't waste it living someone else's life.” - Steve Jobs WEEKLY TIP Too many retirement savers put a majority of their assets into a single stock (usually a company stock). Remember the merits of diversification. WEEKLY RIDDLE Two couples played paintball. Each person had blue, green,...
Will stocks face further headwinds, or sail strongly ahead? Eurozone debt issues aren’t going away – in fact, it may be several years before the crisis ebbs. Here in May, we have a new development: leaders in Greece and France have been voted out of office,...
Does the old stock market cliché have any credibility in 2012? An old stock market dictum says that spring is for profit-taking, or at least a time to reduce your exposure to equities. In the classic market psychology, you “sell in May and go away” with the...
A lack of knowledge can lead to problems and disappointments for your heirs. Be vigilant, and be knowledgeable. Do you want to hand your heirs big tax problems? Would you like to hand the IRS a sizable chunk of your wealth? Probably not. But if you...
Stocks are fizzling ...
WEEKLY QUOTE “A mistake is to commit a misunderstanding.” – Bob Dylan WEEKLY TIP As you shop for groceries, how many impulsive purchases do you make? Impulsive buying might negate the dollars you are saving through coupons and preferred customer cards. WEEKLY RIDDLE A librarian finds that pages have been ripped out of a...
Some tax consequences to remember. There are times when people really need money – and in those times, a retirement account may seem like a conveniently liquid resource to tap. What’s the harm in taking an early distribution from a tax-deferred retirement plan? Well, the tax...
Why not plan to lighten your financial burden? Positive moves to counteract negative cash flow. In its most recent Quarterly Report on Household Debt and Credit, the Federal Reserve Bank of New York put aggregate U.S. consumer debt at $11.4 trillion in the fourth quarter of...