It is always helpful to define where stand today and understand a few points about how we got here. So as a sequel to my last post, here are a handful of data points about today’s economy and market stats from the recent past. Several of these may surprise you.
In a previous edition of TGIF 2 minutes I reviewed the topic of “Caring for Aging Parents.” The subject remains a big, big topic of conversation with friends and clients. PLUS, as people experience caring for a parent they suddenly say: How much do I need to be concerned about planning for MY OWN Long-Term Care down the line?!
Welcome to 2018. In checking out Dictionary.com I found:
“No rest for the weary definition. You must keep persevering no matter how tired or overworked you are.”
This could be the mantra of my readers, no matter if you are in your first job, running a company, or retired. If you want to be successful and informed, it takes hard work to wake up – and keep up – in America today. Continue reading “No Rest for the Weary”
Back by popular demand is the Year-End wrap up! Some of these affected our portfolios and others made our lives better…or at least made us smile for a few days.
Last year, 2016, gave us a year of historic market highs, mind-blowing political events (remember Brexit?) and epic sports achievements. This year, 2017, gave us more historic market highs, more epic sports achievements and, yes, more mind-blowing political events. And ever more. Read on….
Are you familiar with the saying, “Even a blind squirrel finds a nut every once in a while”?
The year of 2017 (and every year since 2009) in the stock markets could fall under this category – and prove dangerous to those not recognizing or admitting this reality. In other words when the S&P 500, the index of the largest and most recognizable companies in America, rises every year (including dividends) for 9 years in a row (and was up over 13.5% in 6 out of those 9 years) we have been given a slightly false sense of security that investing is easy.
We all know the “Basic 3” topics NOT recommended for talk around the Thanksgiving table: Sex, Politics and Religion. Two others on the list are Money and various Family Matters. The gloves can tend to come off, feelings hurt and more.
But there are times when several of these topics must be addressed – keeping in mind that “there is a time and place for everything”. So, in that vein, here is a list of at least 10 topics that were most likely NOT discussed at Thanksgiving but that may be important and remain on lots of peoples’ minds: Continue reading “10 Things NOT Talked About at Thanksgiving”