When I went to college ( U. Of Iowa) the out-of-state cost was around $5,000. Four years and $20,000 or so later I and was done (thanks again mom and dad for paying). My first salaried job paid me $19,500, or almost the equivalent of what my four-year Big Ten school education cost. For the […]
Since day one, my compass for financial advice giving has been sharply focused and easy to read. When making recommendations for a client, I consider what would I do in their situation. If it was an older client, I would ask; “what would I do if those were my parents?” Therefore, it should come as […]
I believe most people in our area under the age of 60 are completely unprepared ( although most people aren’t aware of this) to maintain their lifestyle without their current income. What do you think? Not saving enough, starting too late and a lavish lifestyle (compared to our parents) are three major reasons you may […]
As a kid, I dreamed of being “a millionaire”. I figured I would be a professional athlete and make $100,000 per year, buy a mansion for my family to live in and be famous. Back then, (early 1970′s) it was a BIG DEAL to earn $100k in a year. Pete Rose, the all-time baseball hit […]
I got a call from a panicking client last week regarding the drop in his account value. I told him bond prices have been headed down. “What about stocks”? he asked. Whoops, I thought when stocks went down, bonds were supposed to go up in value to offset the stock loss. Lately, that has not […]
The financial headlines the past few weeks have been cluttered with articles about interest rates rising and bond prices falling. The lower prices are reflected in your bond mutual fund holdings. This includes U.S. Treasury Bonds, corporate bonds, municipal bonds, GNMA’s, TIPs and other fixed income investments. To no surprise to me, this came right […]
For the past 30 years, interest rates have been moving down and bond prices have been going up. Now, interest rates are at a level when the best case is they “stay flat” as there is not much room to go any lower. With the low-interest rates that bonds offer these days the return proposition […]
Investors continued to pour money into stocks last week, but piled even more cash into bonds, as exchange-traded funds made up of bonds saw their biggest weekly fund inflow on record. Even as the stock market rallied, taxable bond ETFs drew in a one-week record of $4.49 billion, led by an all-time high weekly take […]
The U.S. stock market just had a terrific first quarter. The S&P 500 index was up 10.0% over the past three months. My client portfolios were not up that much because they also own many other investment asset classes that didn’t advance nearly as much. For example, the bond market was flat for the quarter, […]
Getting older just kind of happens. The next thing you know you’ve hit 50 and can’t believe you are that old. I won’t be there for another year, but already feel that way, especially when my son reminds me that I have been out of high school for over THIRTY YEARS! Many of my clients […]
- 3 Mistakes to Avoid in Retirement December 10, 2013
- 6 Tax Moves to Consider Making in December December 3, 2013
- A Season for Giving Thanks & Bonus From Duck Dynasty Video November 26, 2013
- Favorite Smart Phone Apps November 19, 2013
- Why Health Insurance is Not “Insurance” November 12, 2013
- What Did You Pay For Your Kid’s College? Please Respond August 27, 2013
- Is College Worth it Today? An Alternative Idea November 5, 2013
- Perks of Getting Older June 19, 2013
- Romney Wins – Then What? October 18, 2012
- Use Life Insurance for Long Term Care (if needed) December 5, 2011
- 6 Tax Moves to Consider Making in December | Life Planning Today: […] For example – Seek Municipal Bonds...
- What if You Redirected College Savings? | Life Planning Today: […] 4 Expectations from President Obama’s ...
- One Step Toward Affordable Healthcare for Startups (and the Rest of Us) | We're Not Expecting Any Surprises: […] a comprehensive health plan isn’t insu...
- Edith: I love my scrabble ap, my duo lingo where I am lea...
- Brad Rosley: Thanks Ed, I'll be downloading Waze for the traff...