This month’s move by the Federal Reserve Bank to lower interest rates for the first time in a decade may prove to be a “boondoggle”. This was done on the backdrop of all the economic indicators in the U.S. posting continuously showing record employment, rising wages, all time historic high stock index prices, and record … Continue reading
Category Archives: Saving for retirement
Scam… Scam… Everywhere a Scam
My latest experience is one that ever Baby Boomer needs to hear. If you are my age, you might have lost one of your parents, but if you are lucky, maybe not. Enter the world of being the parent…for your parents! You might not like it, want it, or seek it…but if you are also … Continue reading
Capital Accumulation: The Holy Grail
Every financial services guy I see touts some kind of common sense guide for “capital accumulation” targeted at young twenty and thirty “somethings”. Then there are always the guides for the 40-60 age groups that borders between crisis management and locking the windows. A lot of it makes sense and is really the realization similar … Continue reading
Dealing with Aging Parents and Finance
The subject is like walking through a mine field; blindfolded. I am sure all people have an opinion ranging from idealistic views of childhood sitcoms to heart breaking dramas and horror stories. I want to talk to the people who have to support their parent or parents, and not all you trust fund kids or … Continue reading
Two weeks in—how to make your 2014 New Year’s Resolutions stick
I thought I’d wait a couple of weeks to make sure that this article was relevant. We have all made our New Year’s resolutions of self improvement in life, work, love, and finance. With a high probability, these self-imposed goals are a distant memory or on “tomorrow we start” to do list. So how can … Continue reading