If you’ve ever walked into a financial planner’s office or a brokerage firm, chances are you were handed a “risk assessment questionnaire," or something like it
Don’t be afraid to pick a dream and boldly go where no senior has gone before!
Saving money provides the crucial foundation that allows us to then invest successfully.
The numbers are in, and people are living longer! The CDC calculates that overall life expectancy in the U.S. is presently 78.7 years, with women outliving men by an average of 5 years, or 81 years vs. 76 for men. (Longevity is one area where there is no gender equality.)
As comedian-with-a-cause John Oliver's expose on asset forfeiture points out, the money shaken from the pockets of innocent Americans translates into spending sprees for law enforcement agencies. Confessed one sheepishly honest officer, as captured on a police review board video, "We usually base it on something that would be nice to have that we can't get in the budget... It's kind of like pennies from heaven, that get you a toy that you need."
Prosperity Economics questions the financial assumptions we’ve come to accept as true and provides an alternative to “typical” financial planning. It employs common-sense principles and strategies that preceded the rise of 401ks and the financial planning industry.
A blindfolded monkey throwing darts at a newspaper’s financial pages could select a portfolio that would do just as well as one carefully selected by experts.
Carol and John sat at their dining room table one morning, tax returns spread before them, and finally had the conversation they had been intending to have. Unspoken questions about their finances had haunted both of them for months now, and it was time to find some answers. Was their current financial plan sufficient to see them through the rest of their lives? Would they have enough for themselves, and hopefully, leave something to pass on to their kids?
.....a Zero Interest Rate Policy (ZIRP) since the financial crisis of 2008, and the European Central Bank (ECB) recently announced a Negative Interest Rate Policy (NIRP). The goal of NIRP is nearly identical to ZIRP in that it is designed to spur economic activity by.....
Warren Buffett is one of the world’s most famous and successful “value investors” who coined a rather famous line many years ago:
“Price is what you pay, and value is what you get”
Although this statement may seem overly simplistic for someone whose