What a drag! Taking care of finances is bad enough, you say (especially when the news is not great), but now you are telling me that I need to also be vigilant? What do you mean and how much time is that going to take? I am so glad you asked! Financial vigilance can take […]
FINANCIAL VIGILANCE Read More »
Upward mobility: the capacity or facility for rising to a higher social or economic position. (Merriam-Webster) Not every person reading this blog strives for upward mobility, but I would wager that most of you do. It is the idea that you want to make a better life for yourself, your family, and your heirs. Some
My last blog talked about my vacation memories and the process I go through to edit and store the highlights of a trip. Most of my memories are in the form of photos, but some very special memories are videos. On our vacation this summer, my partner took part in a bluegrass jam session in
FINANCIAL SELFIES – PHOTOS AND VIDEOS – PART 2 Read More »
I just got back from a vacation and am in the process of reviewing and editing my photos and videos. It takes a little time, but the product—the highlights of our trip—will be worth it. I will remember the grade school graduation ceremonies of three grandchildren; the hike along the Rim Trail of the Grand
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First, a quick review of bonds in general. You might want to refer to my blog, Asset Allocation = Investment Chili. In that blog, I talked about taxable bonds—those issued by corporations to fund operations, research, or capital improvements. Bond Review Bonds represent debt, an IOU, or a loan. When you own a bond, you
WHAT ARE MUNICIPAL BONDS? Read More »
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
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 »
This is a story about a bed. You probably have a similar story. Let’s see …… Newlywed I was married between my junior and senior year in college. We were totally oblivious to the material needs and costs of life together. We did not own a car. My husband had a motorcycle, and I had
THE TALE OF THE BED Read More »