Too often these days it seems that things parents and grandparents do to help the youngsters actually are harmful over the long run. I’m not talking too much about financial help, though that is a factor. Read this. It covers both actions and failures to act. 2. We rescue too quickly Today’s generation of young […]
Some people are excited because medical expenses decreased at a slower rate the last few years than previously forecast. That is helpful for Medicare, and some say it means Obamacare is working and eventually will help Medicare recover. Charles Blahous of the Mercatus Center disagrees. He’s also a public trustee for the Board of Trustees […]
Stocks have had strong returns since 2009. I’ve been cautious on them most of that time and still don’t believe the long-term bear market that began in 2000 is over. Recent research from Crestmont Research explains why this still is a long-term or secular bear market, and the market rise since 2009 is a bull […]
Most people don’t make the most of their 401(k) plans. They rely too much on the advice of the plan custodian or the default rules set by the plan. They also don’t fully understand the investments and other options offered by the plan. Improve your 401(k) account to start the year. Read this piece with […]
These days a lot of parents or grandparents find themselves acting as the family bank or ATM. They provide financial assistance to family members who should be financially independent. The trouble is, unlike a real bank, you don’t get repaid most of the time. Many people find they are reducing their standard of living or […]
You probably know about superbugs. That’s the name for bacteria that are resistant to antibiotics. There have been widespread reports that superbugs are likely to be found in hospitals. But a recent study found that superbugs are very likely to be found in residences for the elderly, such as nursing homes. That means anyone who […]
One theme that runs through Retirement Watch is that the right financial moves often are counterintuitive. Actions that seem logical and that many people think they should do often aren’t best for them. Consider the notion of buy and accumulating gold as insurance against an economic apocalypse. This often is one of the top recommendations […]
January 31, 2014 06:00 p.m. Your Retirement Finance Week in Review I’m heading home from the large gathering at the Orlando World MoneyShow, which wrapped up today. If you missed the show, parts of it still are available free at the internet eShow version. For details, click here. A number of investors were shocked the […]
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