Never separate the terms Long Term and Investing. Understanding this is 95% of wealth creation. It’s mind-boggling the deluge of carnage stocks can absorb and eventually roar back to make new highs. Don’t believe me? Take a look at Germany. It’s hard to fathom a developed country going through more earth-shattering wealth-destroying events in the…
March 2021
I Am Becoming A Zombie…..When Is My Retirement?
March Madness is very exciting for college basketball fans. Sound saving and investing strategies can be rather boring. Want something interesting relating to your retirement planning? Read this week’s terrific links! How much money do you need to be considered rich? A Wealth of Common Sense Don’t be fooled by Indexed Annuity salespeople. TEBI Is…
The Craziest Investment Ever
Beanie Babies, Pokemon Cards, CryptoKitties??? How about Tulips? Tulips are very beautiful but bloom for only a week. If the weather gets into the ’80s during the early spring, make that a day! Squirrels tend to dig up and devour them in the fall unless you put hot pepper into the hole as psychopaths like…
I’m Too Precious…..When Is My Retirement?
Spring is almost here. Its arrival is part of Nature’s life cycle. Your retirement plan isn’t part of nature. If you don’t fund it, you can’t retire. Stop this from happening by reading this week’s terrific retirement links. Does Bitcoin Belong in your retirement portfolio? The Big Picture Don’t let anxiety kill your retirement plan….
Does Inflation Belong On Our Worry List?
Is the silent money assassin of inflation poised to awake from its long slumber? Small changes in prices compound into something sinister. Inflation is the rise of prices in the economy over time. When this happens, purchasing power decreases. A declining dollar value limits purchasing power. Inflation is the reason understanding the difference between saving…
Things Have Been Dark For Too Long…..When Is My Retirement?
Jennifer Lopez and A-Rod may have decided to end their relationship. This decision has zero effect on their retirement plans. Unfortunately, most of us don’t fall into this category. Make sure your retirement planning isn’t divorced from reality. Start by reading this week’s terrific links. Retirees need some flexibility regarding their withdrawal rates. Morningstar Health…
Measuring Happiness – My Guest Appearance On The Compound Show
Last week I was honored to make a guest appearance on The Compound Show. We had a great time talking about things that matter but are hard to measure with a scorecard. We covered a bunch of interesting stuff. Including my days teaching and why how so many kids are mislabeled in public schools to…
Can Your College Pass The Lasagna Test?
Choosing the right college isn’t easy. There are many factors to consider. Transparency is often lacking. How much should we borrow? Is a big school better than a smaller one? What really determines our financial and merit aid? Throwing parental peer pressure into the mix along with a raging pandemic compounds things. Ron Lieber gets…
We’re Young But Getting Old Before Our Time…..When Is My Retirement?
You can’t control 500 point daily swings in the stock market. You CAN control your savings rate, investment expenses, and diversification strategy. Read about what’s really important in this week’s terrific retirement links. Do you have a strategy for your charitable giving? A Wealth Of Common Sense What the heck is an NFT? CoinDesk Being…
Is Measuring Wealth Using A Scorecard A Good Idea?
Money can’t measure everything. Some things can’t be ranked. We enjoy counting things. It’s comforting when facing the mountains of uncertainties that pervade our lives. Ranking never suffers from a bear market. Seth Godin remarked. “In the face of the difficulty the system has in measuring things that don’t measure, we create proxies. Things like…