With a proper financial plan, normal market corrections should have no effect on the outcome. Read this week’s links and choose knowledge over fear. Is there a way to figure out your advisor’s fees? Wall Street Journal It’s possible making the right social security choice could be worth $1 million. HumbleDollar Employers might not realize…
February 2018
Serenity Now!!!
Only a psychopath would not be bothered by the Dow falling over 1,000 points in a day. While we cannot stop things like this from happening, we CAN attempt to control how we react to them. During these times, we revert to our primal nature. We just want the pain to stop. Unfortunately this comes…
Disproportionately Important Panic
Investing often entails long periods of boredom interrupted by occasional panic. These moments are rare but their significance is enormous. The stock market rises over time. This does not stop it from temporarily declining 14% annually, on average, and roughly double that every five years or so. These numbers do not represent anything out of the…
It’s Monday Again…..When Is My Retirement?
Patriots and Eagles fans need to make a plan for retirement. So do the people who hate both teams. Enjoy this week’s retirement links. Just what we need, more insurance companies selling indexed annuities. InvestmentNews Skiing could threaten your retirement. MarketWatch Retirement can be like your second childhood. HumbleDollar Some companies can’t compete with Vanguard…
Great Super Bowl Commercials, Awful Products
Many Super Bowl commercials are not what they seem. Sunday, we will watch idealistic scenes of people living out their retirement dreams. Beach houses, horse farms, weddings and high priced colleges are often the main characters in these vignettes. The whole charade is usually narrated by an actor with a James Earl Jones-like voice. Don’t…