The news can be difficult to watch but occasionally you come across a story that reinforces the good qualities in people that make you smile. Awhile back, a bunch of college students picked up a couch at the local Salvation Army store. They noticed that the couch was a bit bumpy in one area and … [Read more...] about The Lucky Couch
KEY TAKEAWAYS Soaring inflation and record market highs may leave investors wondering whether it’s time to adjust their portfolios. Researchers have examined a wide range of timing strategies based on earnings, dividends, interest rates, economic growth, and … [Read more...] about Is It Time to Sell Stocks?
KEY TAKEAWAYS After last year’s economic shocks, we shouldn’t be surprised to see prices rebounding. But the potential for inflation is one among many factors investors take into account when agreeing on a price at which to trade. A look at headlines … [Read more...] about ‘Everything Screams Inflation.’ How to Interpret the Headlines.
When the prices of goods and services increase over time, consumers can buy fewer of them with every dollar they have saved. This erosion of the real purchasing power of wealth is called inflation. Inflation is an important element of investing. In many cases, the reason for saving today is to … [Read more...] about The Impact of Inflation
In ancient Roman times, there was an elder by the name of Cato who said: Cessation of work is not accompanied by cessation of expenses This applies today even more so than it did back then. Even if you were a member of the wealthy class during Roman times, the average life expectancy was age … [Read more...] about Our Longevity and Purchasing Power
I had a newspaper delivery route when I was 10 years old delivering the “Long Island Press” - a now defunct newspaper. I had a sting ray bike with baseball cards in the spokes and because I delivered everyday without fail, the kickstand wore out. So as I pedaled, my pedal would constantly hit the … [Read more...] about Retirees Nemesis: Inflation