If there’s one piece of financial advice that everyone seems to agree on, it’s making sure to save for retirement. While the essence of this advice is spot-on, the way that most people follow it is completely wrong. When most people think “retirement savings,” they think of a 401(k) or an IRA plan. A lot of well-meaning, otherwise financially-savvy folk funnel large …
Today’s global economy is more interconnected than ever before. That can be very convenient in many ways – it allows us to import low-priced products, it makes tourism easier than ever, and so on. But it also means that investors right here in America can be impacted by actions that take place on the other side of the globe. And unfortunately, there …
I don’t need to remind you how devastating the economic collapse of 2008 and 2009 was. No retiree or investor will soon forget that. But, since that time, the standard media “truth” has been that the economy is slowly recovering. They point to falling unemployment as a key indicator. Investors and retirees become more comfortable in their belief that the economy will …
The Affordable Care Act, commonly known as ObamaCare, has been a polarizing law since even before it was passed – and the furor has only increased this year as the law rolled out. Whatever your opinion may be on the politics of the bill, what matters for financial planning purposes is the impact that ObamaCare and other government spending could have on …
In a recent article in The Wall Street Journal, titled, “The Surging Market: Too Late to Buy?” Brett Arends writes about the current market trend and how this is affecting the behavior of investors. The author invites investors and potential investors to think about how they think about the market. As the stock market surges to new highs, those who missed a …
