Luck, Timing & Investing

From the Archives of TGIF 2 Minutes….

There is an element of luck involved in investing. A specific term for this luck is, “Sequence of Returns.” What on earth is that? Answer: it is a risk. And it may just be the most important concept in the world if you ever wish to spend your savings – and have them last as long as you need.

green plants on black soil
There is an element of luck involved in investing. A specific term for this luck is, “Sequence of Returns.” 

Continue reading “Luck, Timing & Investing”

Investment Ideas & the Weekend BBQ

Over what will undoubtedly be a most unusual Memorial Day weekend the possible topics of conversation will be endless. Everything is fair game this year – especially politics (and maybe sex and religion too). Also high on the list will likely be:

  • what is proper social distancing
  • kids’ drive-by graduation celebrations
  • how many Zoom cocktail hours were held in the past 8-10 weeks.

close photography of grilled meat on griddle

Continue reading “Investment Ideas & the Weekend BBQ”

What Comes Next? – Part 1

In these times of knowing virtually NOTHING for sure… there are a handful of possible “What Comes Next” topics that can be covered:

  • What Comes Immediately Next with Coronavirus Closures & Re-openings?
  • What Comes Next in the World Markets?
  • What Comes Next in the US & World Economy?
  • What Comes Next Further Down the Line in General?
  • …When do we all get to go back to work, sports and Life?

hands with latex gloves holding a globe with a face mask
Let’s simply digest that fact for now: there will be immediate, serious change to the way we literally wake up, work, and conduct our lives. 

Continue reading “What Comes Next? – Part 1”

Free Advice Offer

In the spirit of helping as many people as possible get through these truly trying times, I am volunteering my services in the following way:

Do you know or have you noticed a friend, family member, someone at your work, church or a parent at your kid’s school struggling (perhaps financially or job-wise) during the coronavirus pandemic and the related market turmoil?

In the case that you have, I am offering to get on the phone or a video call with that person or people and start by listening to them. If appropriate, I volunteer (free of charge) to offer advice on the basics of financial planning. Continue reading “Free Advice Offer”

Portfolios & Mental Health

If anything has been important since mid-February 2020 it has been being mentally strong and resilient – or having friends and family who are mentally strong to lean on. Believe it or not, this has nearly always been the case with investing.

DISCLAIMER: THIS IS EASIER SAID THAN DONE!

A recent article in The Wall Street Journal alluded to the concepts of mental strength, resilience – and process – amidst the coronavirus.

achievement confident free freedom
Investing is a long-term process and TRUST in your adviser is paramount – and something for which to be grateful.

Continue reading “Portfolios & Mental Health”

Tax Time Groundhog Day

Now that the calendar has turned from April to May there will be in effect a “Tax Time Groundhog Day” on July 15th, which is the new 2019 Federal (and most States*) filing deadline for 2019 taxes.

A number of people reading this note may already have signed and filed their 2019 tax returns^ in order to turn the page and move on to 2020 spending, budgeting and saving. However, if you are in the camp that is stretching out your 2019 filing until the July 15th date, then consider a few last-minute items:

COVID_Cares-Act
Call me with questions or curiosities related to temporary changes related to 401k plans, IRAs and RMDs.

Continue reading “Tax Time Groundhog Day”