Financial Planning
WHERE IS THE YIELD?
A reoccurring occurrence on the television show the Simpsons is, Homer finding ways to figuratively torture his strait-laced neighbor Ned Flanders. For example: Homer will help himself to any of Ned’s tools from his garage without asking permission and subsequently never return them. Ned being the pious church-going forgiving guy bottles up his frustration and […]
BONSAI TREE
The chattering classes are having a grand-old-time discussing the who, what, when and where of the looming stock market and economic collapse. I really detest how they love to break things down in terms of animals, Bull! Bear! What if I told you it doesn’t matter? The biggest mistake that investors make (this includes a […]
DIVIDEND POWER
We love being paid to own! It is great to see that global dividends reached a first-quarter record of $263.3 billion. That is a 7.8% rise all in the face of concerns of slowing economic growth. The Janus Henderson Global Dividend Index said that U.S. dividends totaled a record $122.5 billion during the period, up […]
PROCESS
Thirteen years ago, in what is an ongoing effort to explain and simplify concepts in investing, I wrote a column titled Rules of the Road. In it, I list four simple rules that everyone needs to adhere to an order to become successful investors. They are as follows… #1. Compounding is the royal road to […]
SINKHOLES IN YOUR PLAN
NOVEMBER 2018 In the 1985 film Cocoon, alien life makes its way to earth and provides a way for residents in a retirement home in St. Petersburg, Florida to be rejuvenated and young again. We have relentlessly warned our clients, listeners and readers over the years about the impending financial issues facing Social Security, pensions and retirement […]
LONG TERM CARE…DON’T DOUBT ME!
OCTOBER 2018 “Insurance is something you buy in case bad s__t happens.” Chris Rock Nobody wants to think about bad things happening to themselves or loved ones. However, we are naïve and irresponsible to pretend that they cannot. Having watched too many family members end up in elder care facilities and witnessing what that entails plus the […]
ANTIFRAGILE FINANCIAL PLAN
OCTOBER 2018 A recent survey of American adults showed that two-thirds are quite concerned about having enough money saved for retirement by their desired retirement age based upon their current rate of savings. Americans have an average of $84,000 saved for retirement, and about a third have less than $5,000 socked away. This is not surprising, […]
HEDGE FUND UNIVERSITY
An eye-opening financial report recently released concerning private colleges stated that 25% of all private colleges spent more than they earned in 2017 despite the overall increase in tuition revenue. (They must be taking a cue from Uncle Sam.) Where in the name of beer bongs, tapestries and safe spaces is all that money going? […]
LIVE LONG AND PROSPER
The Employee Benefit Research Institute has released its twenty-seventh annual Retirement Confidence Survey. The findings from this survey coupled with some other disturbing headlines in regards to the perilous condition of our nation’s pension system have laid credence to all the anecdotal evidence that I have been yelling and screaming about on the show for […]