Friday, April 19, 2024
Inflation is defined as, “A general increase in prices and fall in the purchasing value of currency.” Inflation is a silent killer of retirement dreams. Most retiree’s income can’t keep up with inflation; even with the social security inflation rider. Jeff Clark’s article, “How to Deprogram Your Friends & Family from the Cult of Fiat Currency,” […]
I gave myself a wake-up call. Our recent article “Thinking About Retiring? Better Think It Through!” was a jolt for sure. For decades the mantra was save money and grow your wealth. We banked on the “rule of 72”. When the accumulated interest equals 72, you would double your money. Earn 6%, in 12 years you will […]
Many investors buy hot or well-known stocks in the hope that share prices will continue to rise. However, as I was advised many years ago, hope is not a plan. The plan I share with my subscribers derives from conversations I had over several decades with investors who have actually become wealthy by investing in […]
The COVID-19 outbreak has shown us once again that life can be unpredictable. The uncertainty produced by these situations is real. Many people give in to the fear, leading to actions such as hoarding toilet paper and dumping investments to lock in their losses. Others look for opportunities to improve their futures. A rearview mirror […]
The American Dream is simple: A fruitful career, owning your own home, and eventually reaping the fruits of your labor with a financially secure retirement. Unfortunately, for most Americans, the ‘American Dream’ is turning into just that: A dream. And it’s all thanks to what I call the $30 Trillion Retirement Scam”, you may be […]
