Politicians follow the money. Unfortunately, it’s from lobbyists. Please don’t rely on them to secure your retirement. Take matters into your own hands by reading this week’s terrific retirement links. Nothing is new in the stock market. Dollars and Data Everyone needs an inheritance strategy. Casey Mullooly Four great ways to plan for retirement. Dimensional…
May 2022
Most Investment Advice Is A Tax Not A Benefit
Information overload is a thing. Your most valuable asset is how you decide to spend your attention. It wasn’t always this way. I remember when there were 3-to-5 T.V. channels, and all the networks signed off at midnight after playing the star-spangled banner – Not The Onion. Malcolm Gladwell wrote a terrific post on today’s…
There’s Two Sides To Every Story…..When Is My Retirement?
Fear in the markets creates excellent opportunities for building long-term wealth. Don’t miss your chance. Start by reading this week’s terrific retirement links. Good money habits are essential. Darius Foroux Never unnecessarily interrupt compounding. Charlie Bilello Control what you can control during market downturns. The Belle Curve So much financial advice is garbage. The…
Recipes Create Cooks, Not Chefs
You measure what you can count easily and often fail to measure what matters. – Albert Einstein The race to get into the most elite universities is approaching maximum absurdity. Possessing a 4.0 GPA, Perfect SAT scores, and setting up your foundation to feed the hungry no longer cut it – Enter College Admissions Consultants….
Somehow I Stayed Thin While The Other Guys Got Fat…..When Is My Retirement?
Temporary paper losses in the market are a small price for long-term wealth. Turn off the TV and use your time wisely. Start by reading this week’s terrific retirement links. We need to get moving on Social Security. FinancialPlanning Getting income is much more complex than saving Random Roger You might be surprised where most…
Markets Are Always In Turmoil
Embrace change. It’s all that there is. Continuity is an illusion. Financial markets are the epitome of this type of thinking. Investors constantly attempt to will their delusions into reality. Not surprisingly, their attempts fail every time. It’s impossible because nothing is permanent. The good and bad times both own expiration dates beyond anyone’s control….
Bear Markets Are Purifying
Bear markets function as full-body cleansers for investors’ psyches. Vaporizing financial toxins is essential. Nobody said it’s fun. The bottom line – greed, anger, and delusion are the ultimate purifiers. Eastern philosophy believes humans fall into three categories: Greed/Grasping, Anger, and Delusion. Many possess multiple personality types that emerge at disparate moments. Responding to any…
Unchain Me From My Cubicle…..When Is My Retirement?
The right plan, process, and daily habits tend to reward their followers. Make reading our weekly retirement links part of your routine while ignoring short-term market noise. Despite some bumps in the road, the market goes up over time. A Wealth of Common Sense There’s a big difference between being rich and being wealthy. Morgan…
Nobody Wants To Tell You This
Doing the right thing guarantees nothing. Life’s events are a constant state of flux. Nothing lasts. Understanding this is the secret to life, never mind investing. Clinging to anything is playing a loser’s game. It’s the height of insanity not to anticipate the arrival of gloom. We expect things to last if we follow the…
When Is My Retirement? ….. It’s Tricky
The only thing investors should attach themselves to is pursuing the truth. Start your quest for retirement enlightenment by reading this week’s terrific links. Buying individual stocks for your retirement account might not be a good idea. Of Dollars And Data Here’s a great retirement checklist. Morningstar Should you add Bitcoin to your retirement plan?…