There was a little bit of a downturn in the stock market yesterday, around 1.7% if I recall. I really didn’t pay attention too much to the news. So, what of it? In the few fleeting seconds I was forced to watch a news story yesterday, I heard “plummet”, “collapse”... read more →
Sep
21
Jan
14
Once in a very great while, there comes a year in the economy and the markets that may serve as a tutorial—in effect, a master class in the principles of successful long-term, goal-focused investing. 2020 was just such a year. On December 31, 2019, the Standard & Poor's 500-Stock index... read more →
May
12
a note from Bob on April 29, 2020 News broke this morning that we were all anticipating - the economy shrank 4.8% in the first quarter. This should be a surprise to absolutely no one. I want to share with you my perspective on this news and what you may... read more →
May
12
a note from Bob on March 31, 2020 Congress and the President have been working overtime passing legislation to fight the effects of the Coronavirus. One recent item (the CARES Act) allows you to completely forgo your Required Minimum Distribution for 2020. This is an RMD holiday and presents some... read more →
May
12
A note from Bob on March 21, 2020 A couple of weeks ago, the S&P 500 entered “bear market territory” by closing down 20% below its previous all-time high. We have been reminded what seems to be hourly of this truth by the financial press. Maybe it’s just me, but... read more →
Aug
20
A new study highlights how our age might affect our well-being during and after a recession. When a recession occurs, which age group of consumers is most affected both during and after it? Does it affect the well-being of every age group similarly or are some affected more severely? These... read more →
Jul
26
Saving for retirement is not a “set it and forget it” type of approach. It helps to review your plan annually to make sure it’s still relevant to your lifestyle and spending habits. If you’ve already been setting funds aside, but still have a few years until you put the... read more →
