January is time to look ahead for the year. Sadly, way too much depends on the Federal Reserve and world central banks. Michael Howell writes: “It has been a bleak year for many investors. Global investors have lost $23tn of wealth…so far in 2022. …. That is equivalent to 22 per cent of global gross domestic product” When bureaucrats create […]
» Read moreI was a senior, Sally was a freshman. We would hold hands and walk to the small lake on the other side of her family’s farm. The bank was angled, and we would lean back and stare at the distant sky and cloud formations. Sally (Name is changed but the story is real) was my high school sweetheart who I […]
» Read moreI have a confession to make. I’m getting older and I’m not the man I used to be. At times it’s embarrassing and humiliating. During my working career I spent 40+ weeks per year flying all over the world. I had millions of frequent flyer miles and knew all the ins and outs of the game. I was a genuine […]
» Read moreIn a recent article I outlined some virtues of rolling over a traditional IRA or 401 (k) into a Roth IRA. As baby boomers transition into retirement their concern moves from accumulating wealth to keeping it. Today we are going to learn from a professional who deals with these issues regularly – a certified expert. Good friend Jeff White, President […]
» Read moreI believe in the old saying, “If it sounds too good to be true, it generally is”. Note the word “generally”; meaning there are a few exceptions to the rule. All too often “free money” is connected with someone hawking a product or service – not the case in today’s missive. We had a large family gathering for Christmas this […]
» Read moreFitness and diet guru Susan Powter was a mid-1990’s self-help sensation, recognized for her “Stop the Insanity” mantra. With her high-energy style and personal story of losing over l30 pounds as a single mother, she had a major impact on the diet and fitness industry. She was truly motivational and told her audiences, “If you continue with the same behavior, […]
» Read moreI was humiliated! I wanted to cry! I felt like running home, jumping in bed, pulling the covers over my head and never coming out. Then something snapped. For years my wife Jo encouraged me to get my hearing checked. I finally agreed, and quickly learned I lost close to 90% of the hearing in my right ear and struggled […]
» Read more“Are you kidding me?” I was dumbfounded. I was on the Lending Club website. Someone with a poor credit score wanted to borrow a lot of money (enough for a good down payment on a house) for “wedding expenses”. The payments were in excess of 15% of their monthly income. I’ll pass on that one. When I told my wife Jo […]
» Read moreI am really excited today to introduce you to Leisa Peterson. She has some terrific credentials – Leisa is a Certified Financial Planner, with a 25 year career in financial services. She created a company called WealthClinic that focuses on helping people transform their relationship with money so that they live with greater freedom, more peace of mind and more fulfillments. Leisa has […]
» Read more“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