We are continually reminded by conversations we have with others just how vulnerable we all are to the lure of advances in broad stock market indexes.
Apparently, a global pandemic that, temporally speaking, follows on the heels of a Global Financial Crisis, has a tendency to make people think twice about what they want to be when they grow up.
Is the recent action in markets the beginning of a downturn, or just a temporary pause? That is the $64,000,000,000,000 question;$64,000 just doesn’t seem to do it justice anymore (yes, I know I’m dating myself here).
We all struggle for balance in almost all areas of our lives: balance in our diets, our work, and personal interests: our spending and saving: and of course, our investment allocations.
I don't think Jimi Hendrix and Alan Greenspan would have ever hung out, but I do think if they’d met by some kind of happy accident, they'd have gotten along well if each knew more about what really inspired the genius of the other.
We are approaching a number of turns as I type this post post at the end of December on December 29th: a Presidential administration turn, a turn toward mass vaccination, and of course, the turn of the year.
It’s easy to slip into a mindset of despair in a year like the one we’re having, but if we can manage to pause and refocus, we can still find gratitude.
In my fifty-one years on this rock, I have never…
I’ve said it here before, and I’ll keep right on saying it: money is emotional. And that’s not just some touchy-feely, theoretical statement. It’s science.
There is a wave of defaults and bankruptcies building in the economic ocean and it will soon become a tsunami.
We have all had to make adjustments from time to time, both large and small. As evidenced by the number in our herd, we are a fairly adaptable species. So, while we resist making them, we are pretty good…