Everyone loves acronyms. When it comes to stock market investing, for example, FOMO is often used to explain why investors suddenly jump in when the market rises at a breakneck pace. (FOMO = Fear of Missing Out.) When investors have FOMO, they’re desperate to get on board so they don’t get left behind as the market keeps going higher. (I think we know how that always ends for latecomers.)
If you follow the markets closely, you may be wondering how certain current events may impact your portfolio. Surprise, surprise: we have a chart for that!
I’ve enjoyed a luxury that’s not available to most retirees: the chance to ease into my retirement. I’ve been able to work a little, ‘retire’ a little, and so on and so forth. As I continue to cross a very wide threshold into full-time retirement, I’ve come to realize it’s up to each of us to figure out how we’re going to retire.
J.P. Morgan recently published its annual Guide to Retirement. We reviewed the Guide and wanted to share some of our favorite slides. Enjoy!
When my mother died, she left behind a few collections of porcelain objects. (Think lots of Hummels, lots of Lladro, and lots and lots of birds.) My girls each took one for memory’s sake, and each grandchild selected an item or two. Other than a remembrance, nobody wanted my mother’s collections, which meant I had to figure out what to do with dozens and dozens of items. Here's my story and how it might help you.
If you’re wondering why (and how) the stock market keeps going up during a war with Iran that has caused oil prices to spike, you’re not alone. It seems the Wall Street Journal can’t write enough articles about why the market is up or down, and what it may or may not do next. Spend time reading all of them, and the result will be two Advil for your headache.
We used to warn our clients about the ‘run-of-the-mill’ phone scams, such as calls from ‘agents’ pretending to work for Social Security, or desperate phone calls from ‘grandchildren.’ Then there were the ‘Oh no, your computer has been compromised’ pop-ups that seemed to target all of us. (Hopefully, you all now have McAfee, or a similar virus protection software. Don’t you?) It may be hard to believe, but those calls and scams were from the good old days, because scams have gotten a lot harder to detect.
It would only be a slight exaggeration to say I prefer getting to airports long before my flight is scheduled to depart. I want to have an unhurried drive, a calm wait as I go through security, buy some snacks, sit down, and put my feet up. At least for this part of the journey, I want to be in control.
J.P. Morgan recently published its annual Guide to Retirement. We reviewed the Guide and wanted to share some of our favorite slides. Enjoy!
It’s not uncommon for the stock market to fall more than 10 or even 20% in many years. Markets react to world events ongoing every day, and they rise and fall accordingly. Don’t be deterred or disillusioned by a fluctuating or falling stock market.