Over and over again, we’ve all heard that – over the long-term, the stock market has averaged a respectable return – 7% in excess of inflation is often quoted. The problem with that concept is that averages don’t apply to individuals. When we consider what makes an average, we see that there are data points […]
Author: Danny
Market Update
The stock market as measured by the S&P 500 is at an all-time high. While this is joyous to some because it means recovery from the nasty downturn of 2007-2009, it is also producing a condition of increased risk. It’s been said that the only way to hold onto the gains you’ve made is to prevent […]
Need Income?
Suppose that you are around 65 and ready to retire, or thinking about retiring. You have accumulated a large nest egg through your 401(k), IRAs, and after-tax investments. You’ve been saving for many, many years and now you are in need of $50,000 per year of income in addition to the amount you will receive from […]
Goodbye Tension, and Hello Pension!
It’s been said that you should never retire from something, but always retire to something. I like that piece of advice, but what seems to be more common is the situation where people retire and don’t know what they’re going to do with their time. Retirement planning entails more than just the financial aspect of […]
BE CAREFUL! It’s Slippery!
In Austin this morning, the visibility is limited, it’s drizzly and the streets are wet. As I was driving to work I noticed that everyone was driving a little bit slower, and for good reason. Many things can happen when the streets are wet – and they’re not all good. Oil that has leaked from […]
Who Will Win the 2013 World Series?
Today marks my entry into the blogging world! My hope is that you will enjoy what I write on this blog and that you will find it to be of help to you or someone you know. A few weeks ago marked the beginning of a new spring season. It began on a day when […]