Wednesday, June 3, 2020
As the U.S.—and the world for that matter—begins the reopening process, every business is trying to figure out what the new way of doing business looks like. We already know what the white collar version of post-pandemic business has become. It’s Zoom (ZM) meetings, Docusign (DOCU) virtual document management, and Activision (ATVI)[gaming in between meetings […]
Do you have a 401(k)? How much are you paying in fees? Is your money invested safely? Is it company sponsored, or self-directed? A TD Ameritrade survey found that 27% of investors knew how much they were paying in 401(k) fees and astonishingly, 37% of respondents were unaware. I believe in maximizing your 401(k) contributions, […]
Congratulations graduates, you have worked hard and should be celebrating your academic success. Don’t allow a temporary setback to dampen your spirits! Whether you are graduating from college, high school, grade school or something else, my message is the same. Last year a reader sent me, “We Are What We Choose”. It’s the remarks by then […]
Jeff Bezos could become the founding member of the “Four Comma Club” Recently, one of my favorite financial writers, Barbara Kollmeyer of MarketWatch, wondered if Jeff Bezos could become the world’s first trillionaire. It’s not so outlandish a thought. The CEO of Amazon is already one-seventh of the way there. To grow your fortune by […]
My wife Jo is a proud farm girl, growing up in rural Indiana. Like many midwestern farmers, they receive oil royalties for wells on their land. Having passed down through many generations, each share is nice, but not enough to fly first class. Jo came into my office with a very concerned look on her […]
Investors are understandably worried! Quality bonds and Certificates of Deposit are paying almost negative interest rates. Bonds defaults are rising. The stock market and economy are shaky. The Fed is printing money faster than the world has ever seen. We have Great Depression levels of unemployment. What else could possibly go wrong? Pundit Bill Bonner predicts: […]
In our recent article, “What The Heck Is Going On?”, our guru friend Chuck Butler remarked: “There’s no harm in holding cash, as long as your bank isn’t charging you to do so, which is probably coming down the road, so be prepared!” Chuck’s remark did not go unnoticed. Subscriber Rikk M. asked, “IF we go […]
I’m red in the face, eye-popping, blood pressure peaking mad! Our country is in a heck of a mess, for the wrong damn reasons! Sadly, some reporters smirked while reporting the Dow capped off the worst first quarter on record, the updated Coronavirus death toll, projections for thousands more and record unemployment claims. The politicization […]
I listened to a Fortune 500 CEO speak recently about his parents, who had grown up during the Great Depression. He said one of the many lasting impacts of that experience was that they always kept a fully-stocked pantry at home. Last week, I wrote about some of the lasting changes that will be brought […]
I discovered a MarketWatch article by Catey Hill, I’m 53, have $1.4 million in my 401(k), $150,000 in savings and my home is paid off. Can I afford to retire?. The question was asked by (S.D.) a 53-year old (single-mature) woman asking, “Do I have enough to retire and live the life I’m dreaming of?” I […]
