I work with First Trust and the economist there is Brian Westbury. I have been relying on his research and POV for a long time now and here are my notes from a recent discussion about the stock markets outlook. Many are convinced that a US stock market correction, or even a bear market, is […]
Almost all of the numbers that you would really like to know when you are planning your retirement are completely unknowable. We have no way of knowing what the returns of the stock market will be. We don’t know how tax rates will change over the course of the next few decades. Inflation, especially health care […]
May I introduce you to “Sensible Taxation and Equity Promotion”…aka For the 99.5% Act. You may want to know who is promoting this for our benefit – Senators Chris Van Hollen (D-MD), Cory Booker (D-NJ), Bernie Sanders (VT), Sheldon Whitehouse (D-RI), and Elizabeth Warren (D-MA) – co-introduced this March 29th. Two key components of the […]
Of course, intelligence doesn’t always translate into wise behavior. Studies of behavioral finance have found the human brain is more interested in survival than saving. “It turns out that, when it comes to money matters, we are wired to do it all wrong. Our brains have evolved over thousands of years to focus on short-term […]
Like a gender reveal gone wrong, last month’s employment report delivered an unexpected surprise. Economists estimated 975,000 new jobs would be created in April. The United States Bureau of Labor Statistics (BLS) reported there were just 266,000. That’s a big miss. Economists, analysts, and the media offered a wealth of theories to explain the shortfall. These included: Pandemic […]
An Action Plan for Long Term Care – this is an excellent resources for us all. Christine Benz of Morningstar.com is obsessed with Long Term Care and this article has many links and you may find them helpful as well. I follow Christine because she really delivers the facts and thinking that are indicated to make […]
Has the stock market moved too far, too fast in 2021? I have shared with many of you that the market moves backward 30% of the time. The stock market does not go up in a straight line. Even while in the midst of a bull market, like the one we are currently in, there […]
When COVID-19 first hit, closures and lockdowns made virtual resources the only way to see certain sites—drawing in viewers to virtual zoo tours and the like. A Forbes article reported that the number of searches for the term “virtual tour” soared from 1,300 in February 2020 to nearly 10,000 the following month, when cities and […]
Fights—in business and in life—rarely get us the outcomes we most want. A better approach: Use a three-step process for de-escalating tensions and finding ways to work together cooperatively. Check out this pdf to learn more, and as always, standing by if you’d like to discuss further.
Check out this pdf full of info on how life insurance-based strategies and solutions can help you if you’re a business owner, if you’re trying to build a sizable estate or if you want to help preserve that estate. Check out how this versatile tool might work in your wealth plan.