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…
It’s Monday Again….When Is My Retirement?
Good Morning! Here are this weeks retirement links. Have a great week. Don’t Think Retirement Plans Are Safe From Tax Reform – BenefitsPro Vanguard Outsources Some 403(b) Record Keeping To Newport Group – InvestmentNews How An IRA Could Help The Average American Save For Retirement – The Motley Fool What Are Required Minimum Distributions? –…
The Ultimate Unemployment Insurance- A Love Of Learning
There is a good chance your child’s future job does not exist – yet. This should make you think harder on the potential $250,000 you may spend to prepare them for it. Google and Facebook were ideas, not companies, 20 years ago. Today, most graduates would kill for an entry level job at either company….
Do You Own this Ticking Time Bomb in Your Retirement Account?
What if I told you the position in your retirement portfolio you thought was safe was anything but? Most of us understand that stocks can lurch violently over the short term. Investors who have not been in a coma for the past two decades understand this is a market feature, not a bug. While stocks…
21st Century Financial Advice
Opioid addiction has become a part of financial planning whether we like it or not. This scourge has the ability to demolish even the most meticulously crafted financial plan. While the 21st century is filled with wonderful opportunities, there is a dark underside. Highly addictive drugs called opioids have become far too common in our…
It’s Monday Again…..When Is My Retirement?
Good Morning! Here are this weeks retirement links. Have a great week. Today’s Retirees Are Better Off Than Previously Thought – InvestmentNews What If Retirement Makes You Miserable? – MarketWatch Why Women Gain More Than Men By Working Longer – Wall Street Journal Non-ERISA 403(b) Plans Must Walk A fine Line To Avoid Losing The…
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