In 2020, I received my Registered Social Security Analyst designation. Even though I had been doing a lot of reading and research on Social Security already (due to the Social Security Seminars we hold) I was surprised at how much there is to this topic. Social Security is most people’s biggest asset. Lifetime benefits can …
What is happening in the market is ugly. Some are very concerned. The markets have sold off as seen in the chart above. A bear market is offical when we lose more than 20% of the market value in the index. The Tech heavy NASDAQ is down 24.01% as of 5/16/2022, so it is in …
On January 2, 2020, the S&P 500 index started the year at 3,357.85. On March 23rd, the index dropped to 2,237.40 for a loss of -33%. On August 7th, it recovered to 3,351.28 for a year to date gain of 3.73%. This is interesting indeed, because the last time I checked, unemployment is still over …
“Be Fearful when others are greedy and greedy when others are fearful.” -Warren Buffett Legendary Investor Last month’s lead article was, “When is it time to cash out?” We focused on the 3 investing principals: Diversify, Buy & Hold, & Have a Plan. We are in unprecedented times as far as the markets are concerned. …
Goldman Sachs predicts a crisis four times worse than the 2008 crisis in the U.S -April 2020 Goldman Sachs Says a Sizable Correction Isn’t Coming. -December 2020 “Darlin’ you got to let me know, Should I stay or should I go?” -The Clash This has been an unusual year to say the least! In March, …
“Know what you own, and know why you own it.” – Peter Lynch former Mutual Fund Manager for Fidelity Investments During the Dutch Golden Age in the 17th century an investing mania started. What was the valuable asset? Tulips. The bulbs to be exact. For some reason (and no one is certain why) the tulip …
“An investment in knowledge pays the best interest.” — Benjamin Franklin The following is not a recommendation to purchase any security or bond. In September of 2000 I went to work for Edward Jones in Lubbock Texas. I passed my series 7 and 63 exams and was invited to St Louis to the Edward Jones …
“Headline risk is the possibility that a news story will adversely affect the price of an investment, such as a stock or commodity. Headline risk can also impact the performance of a specific sector or the entire stock market.” – Investopedia.com In 1998, I was told by a very smart and successful investor that the …
What is the difference between a taxidermist and a tax collector? The taxidermist takes only your skin. -Mark Twain Here we are, tax season again. The tax filing deadline is Monday, April 15th, 2024. You can extend your tax filing until October 15th. Just remember to file the extension request (IRS Form 4868). Here are …
“An unusual thing happened a week ago … It has never happened in our history that our customers as a whole are net short the market.” -Thomas Peterffy, CEO Interactive Brokers CNBC Interview December 29, 2020 So, after the Capital Riots I got my bible out and read about the 10 plagues of Egypt. I …
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