Have you ………. “… thought of someone you haven’t talked to in a while, only to hear from them several days later? … had a feeling that something was going to happen, and soon after it plays out exactly as you’ve imagined it? … heard a song lyric on the radio or seen a message […]
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Do you remember our discussion about asset allocation? Asset allocation is the process of dividing the money in your investment portfolio among stocks, bonds, and cash which are also called asset classes. For a review of asset allocation, check my Asset Allocation = Investment Chili blog. As you allocate funds between the three asset classes,
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One of my readers asked me to address a situation that is not uncommon. What do you do when you reach mid-life and realize that you are not on track to have enough to retire? Or perhaps you saved well but realize you may need to work longer or change your retirement plans because you
If you follow my blogs, you will have gone through an exercise to set both short-term and long-term financial goals. (See my blogs: Set Your Investment GPS, The Battle of Needs vs Wants, and Choices.) Saving is what is meant when you set aside funds for short-term goals, those goals with timeframes shorter than 5-7
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The “R” word is appearing in news stories more and more and carries with it a sense of dread. Does talk of a recession make you afraid? Should you be afraid? What is a recession? The definition of recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally
DO YOU FEAR A RECESSION? Read More »
At least once a week I receive an email or cell phone message that sounds like a scam and I bet you do, too. Despite television announcements, magazine and newspaper articles, and warnings posted in public places, scams and other fraudulent schemes take a toll. Investment Scams When I was an advisor in a brokerage
Yesterday I spent most of the day raking leaves in our yard. The yard did not really need raking, but it was the first day warm enough to be outside and enjoy it, and I wanted the exercise. Iowa The birds are back! We regularly see chickadees, crows, and wrens but they have recently been
SPRING AND MOTHERS Read More »
My blog, Traditional or Roth IRAs, covered the basics of contributions to and withdrawals from both Traditional and Roth IRAs. Those are the accounts that you as an individual can use to save for retirement, in addition to any company sponsored retirement plan accounts. There are different rules for Roth IRAs than there are for
If you have spent any time on my website or are a regular reader of my blogs, you know that financial literacy is my passion. I mean PASSION! Throughout my career and in my life, the question I ask myself is: What is the best way I can help others? My book, How to Dress
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One of my family members recently talked with me about a will and other documents that are necessary for not only a smooth transition of her property at her death but also to appoint others to take care of important matters if she was incapacitated in some way. An incapacitating injury or disease may mean
LEGAL DOCUMENTS FOR EVERYONE Read More »