Here’s an interesting graphic showing the time-spans of previous health viruses overlapped on the stock market levels during the life of those viruses.
“The tariffs are a tax on American consumers!” “The tariffs will drive up the prices of everything!” Those were the cries of the critics of President Trump’s tariffs on Chinese goods. But it seems that prices at the consumer level are flat and prices at the wholesale level actually declined in the most recent reports. […]
The number of myths about Social Security abound. Some of the myths seem logical and some do not. Here’s an article that puts seven of those myths to bed. https://www.marketwatch.com/story/these-7-social-security-myths-just-arent-true-no-matter-how-often-you-hear-them-2019-08-27
Keeping up with the Jones’s is not something anyone should strive for – but in the case of saving for retirement, knowing how you compare could help you develop an awareness of the need for saving for retirement. Every situation is different due to guaranteed sources of retirement income; current and future bills; lifestyle; helping […]
An interesting piece of research from Crestmont Research reveals that if a recession does not occur before the end of the year, it will be the first decade without a US recession in 170 years. As you will see in the graphic below, it is common to have 3 or 4 recessions per decade. What […]
When you contribute to a 401(k) or IRA account, you are able to deduct that contribution amount from your current year’s income. Everyone likes that because it means you’ll pay less in taxes that year. But don’t forget that one day, you or your beneficiary will have to pay taxes on the money withdrawn from […]
Take a look at the numbers below to get an idea of how badly China needs the US market and how significant is the trade imbalance. There is no other market to which China can turn to sell the amount of goods they sell to the US.
Once a year the Social Security Trustees report to Congress on the status of the Social Security system. They reported that the Trust funds gained $3 Billion in 2018. The net effect of that gain is that the combined asset reserves of the Social Security system is now projected to become depleted one year later […]
I like to learn from others. Why not? Why repeat mistakes that can be avoided? The author of this article does a good job of pointing out things he has experienced and noticed since he retired. I think his points #1, 5, and 6 in the link below are most important to consider and deal […]
Like Social Security, Medicare is complicated. When it is time to choose, there are many plans to choose from – all of which will affect your costs. Here’s a link to an article that will help to understand the basics. Beyond that, we’re here to help our clients to navigate this necessity!