Are we going backward, or are we going forward? In the” Good Old Days,” Robber Barrons devised a scheme for creating corporate feudal systems, making employees virtual indentured servants. Company scrip became a substitute for government-issued currency. Scrip was prevalent in numerous mining and logging camps before being outlawed in 1938 as part of the…
I Don’t Like Mondays…..When Is My Retirement?
Be very discriminative in curating your information. Make reading our weekly retirement links a top priority. On average, married households aged 65 and over spend only 2.1 % of their savings. A Wealth of Common Sense Don’t stick with your default savings rate. Vanguard There is always a reason to panic. Daniel Yerger It’s…
Markets Lack A Final Destination
We can only be happy, not become happy. – Sam Harris The crux of our joy deficit is we crave permanent bliss in a world of change. Denying reality leads to an epidemic of dissatisfaction. Our conventional sources of glee are unreliable. Shifting conditions guarantee disappointment, and clinging to a pleasant experience always fails. The…
I Don’t Like Mondays…..When Is My Retirement???
Every person is a process. The same applies to your retirement plan. Start your journey right by reading this week’s terrific links. Too many Americans aren’t saving for retirement. A Wealth of Common Sense Why do Italians live longer than Americans? Livology The price of admission. Bilello Blog How to grow old the right way….
What’s In The Center Of Your Portfolio?
Don’t confuse easily measured things with importance. Is it fair to assume that a person living in a million-dollar home in the suburbs has an enviable existence? Maybe Home value doesn’t equate to a superior quality of life for many. Despite all the perks and luxuries of suburban living, isolation is becoming the rule, not…
I Don’t Like Mondays…..When Is My Retirement?
Don’t take ownership of all the world’s problems. Focus on things you can control, including reading this week’s terrific retirement links. Everything will be Okay. More To That Tune out the noise. The Big Picture A Healthy Correction. A Wealth of Common Sense Five important facts about your retirement plan. Getting Your Financial Ducks In…
Nasty Money
Life always finds a way. Nature is fantastic at devising numerous methods to continue the propagation of the species. Thermonasty is a case in point. In Long Island, where I live, many Rhododendrons populate the residents’ gardens. Rhododendrons are evergreen shrubs that bloom in large blooms of various colors in the spring. What’s interesting about…
I Don’t Like Mondays…..When Is My Retirement?
Retirement planning is pointless if you are 100% focused on the future and not living your life in the present. Read this week’s terrific links to find a happy balance. Here are the three components of a happy life. HumbleDollar Don’t get scammed out of your retirement funds. Of Dollars And Data Don’t let famous…
Calm Down
Bad decisions sparked by anxiety are investor’s most dangerous nemesis. Although most of our worst fears seldom come true, we attach ourselves to outcomes that don’t exist. Evolution plays a role. Avoiding danger on the Steppes of Africa kept us from being devoured by fierce beasts and enabled the propagation of the species. Biology is…
I Don’t Like Mondays…..When Is My Retirement?
Health is the wealth. Don’t let the stress of the financial markets compromise your most precious asset. Learn what to pay attention to by reading this week’s terrific retirement links. What’s the point of financial freedom if you don’t use it to live? The Way of Work Asset allocation and age decisions are nuanced. Of…
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