Workers’ voices need to be heard now more than ever. No one likes to be abandoned or forgotten. Miserable workers turn into angry voters. In 2016, we all know how that turned out. In celebration of Labor Day 2107, we need to take a step back in time to understand why unions became such a…
Anthony Isola
It’s Monday Again…..When Is My Retirement?
Happy Labor Day!- Click on these links and help turn your life into a permanent holiday. IRS provides 401(k) Tax Relief Due To Hurricane Harvey – InvestmentNews You’re Fired! 401(k) Plan Sponsor Satisfaction With Advisors – 401KSpecialist Then and Now: The Big Shift at Work – Wall Street Journal Retiring Soon? Here are 4 Money…
The Dash (-) is What’s Important
Plan for the dash – not the number. While listening to a speaker at our sons’ new school, I heard something pretty interesting. They are entering ninth grade and will be the class of 2017-2021. The speaker mentioned the goal of similar schools is to “prep” their students for college. The endgame: high grades and…
It’s Monday Again…..When Is My Retirement?
Good Morning! Here are this week’s retirement links. Have a great day. How to (and not to) work effectively with teachers as 403(b) clients – InvestmentNews 401(k)s Put Spotlight On Wealth Gap – Financial Advisor 6 Ways To Help Your Parents And Still Save For Retirement – Forbes How Far Does $1 Million Go In…
Here Is What We Don’t Need
First figure out what you don’t want to do. According to a 1986 Harvard commencement address from Charlie Munger: You can see the results of not learning from others’ mistakes by simply looking about you. How little originality there is in the common disasters of mankind -drunk driving deaths, reckless driving maimings, incurable venereal diseases,…
Brokers Take Investors From the Penthouse to the Outhouse
Some brokers often shovel annuities into retirement accounts like coal into a furnace. The results are the same: an incessant need for more coal and lots of fire. In this instance, client money is the coal. A horrific story recently came out about a group of annuity peddlers. It turns out four former Atlanta LPL brokers…
Chaos, Incompetence and Confusion
“Why do we love the idea that people might be secretly working together to control and organise the world? Because we do not like to face the fact that our world runs on a combination of chaos, incompetence, and confusion.” – Jonathan Cainer Investing success or failure may be determined by something you never noticed…
It’s Monday Again…..When Is My Retirement?
Good Morning! Here are this week’s retirement links. Have a great day. Here’s What To Expect If You Sell Annuities – Insurancenewsnet 6 Ways To Survive Retirement Income Shocks – Forbes Read This Before You Get An Annuity – The Motley Fool For Workers Without Retirement Plans, States Step In – Wall Street Journal In Defense…
Undying Courage
Courage is timeless; living forever, even after those who have displayed it are long gone. While Warren Buffet is fortunately still with us, he is closer to the end of his journey than the beginning. Not only is he an extraordinary quantitative investor, he understood when it was time to take a fearless stand….
Worrying About Risk Can Very Risky
There is a huge bubble in unnecessary worry. Our greatest risk is choosing the wrong thing to worry about. Probability blindness is our enemy. For example, we vastly overstate the potential for cataclysmic markets events. “We pay close attention to some risks while ignoring others, which very often causes the dilemma of choosing between risks to vanish,” according to…