The Missing Link to accumulating wealth

“OK people, listen up!” screamed my drill instructor at the top of his lungs. We knew we better pay attention. I recently interviewed Michael Dubrow of Moneytips.com about research they have done in conjunction with their book, The Retiree Next Door. Michael’s response to one question really got my attention. “Most people know what they should do: plan, save more, and spend […]

» Read more

The USS Social Security is sinking fast!

The 2015 Social Security and Medicare Trustees Report was released in late July. It starts off with an urgent warning for everyone. “Social Security’s Disability Insurance (DI) Trust Fund now faces an urgent threat of reserve depletion, requiring prompt corrective action by lawmakers if sudden reductions or interruptions in benefit payments are to be avoided” I’ll skip the fuzzy-math and get to […]

» Read more

Rope-a-dope Fed style – “I’m going to sting like a butterfly and float like a bee!”

In June the Federal Reserve announced no rate increase. In typical Fed doublespeak they dropped several hints. The original rope-a-dope man, Muhammad Ali, is probably rolling his eyes in bewilderment. Remember the Fed said they would hike rates when unemployment got below 6.2%. Oops! Too soon, and they waffled refusing to commit to further benchmarks. Last summer the Fed hinted the economy […]

» Read more

Don’t let the market downturn do you in

Investors, now is the time for caution… Today’s forecast: yield-starved investors forced into the market by seemingly permanent low interest rates will continue to be collateral damage. For some, that collateral damage may involve more than the loss of income opportunities… many could be wiped out completely. At a recent investment conference, I asked the participants in our discussion group: “If there […]

» Read more
1 2 3