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Managing Your Money Blog

Stan's World - Waiting for a shot

Submitted by S. F. Ehrlich Associates, Inc. on February 17th, 2021

February 15, 2021

While distant memory sometimes eludes me, I vividly recall back to my college days when getting a shot related to an alcoholic beverage. My, my, my, how times have changed.

If you’re a senior citizen, or any other kind of citizen for that matter, talking about a shot today only has one meaning: the COVID vaccine . “Did you get the shot?” “Have you signed up for the shot?” “Are they giving the shot near you?” “Do you know anyone who got the shot?” “How can I get the shot?”

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  • Retirement planning
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Some thoughts for those contemplating retirement

Submitted by S. F. Ehrlich Associates, Inc. on February 17th, 2021

February 15, 2021

Just like there’s no universal savings amount that everyone should reach to secure their retirement (“What’s my number?”), neither is there a universal retirement age for everyone. The fact that your friends are all retired doesn’t mean it’s the right decision for you, and vice versa if none of them are retired but you think it’s your time.

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  • Retirement planning
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Should I quit my day job to become a stock trader?

Submitted by S. F. Ehrlich Associates, Inc. on February 17th, 2021

February 15, 2021

Whenever someone used to try a new task that didn’t turn out well, the line used against him/her was “Don’t quit your day job.” If your neighbor saw you do a house repair that didn’t go well: “Don’t quit your day job.” Fail to properly change the oil in your car: “Don’t quit your day job.” The point, obviously, was to continue doing the job that someone is paying you to do because you weren’t going to make a dime doing anything else. 

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  • Investment
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Stan's World - Practicing Gratitude

Submitted by S. F. Ehrlich Associates, Inc. on January 13th, 2021

December 31, 2020

I am incredibly grateful that none of my immediate family has been infected by the coronavirus because so many families have lost so much.  Because of that, I try not to use the word ‘loss’ when speaking or writing about the coronavirus, but there certainly are things I miss.

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2020: Lessons Learned, and a Few Predictions Moving Forward

Submitted by S. F. Ehrlich Associates, Inc. on January 13th, 2021

December 31, 2020

While we all hope that 2020 is one and done, never to be repeated, we would be remiss if we fail to heed the lessons learned from what we’ve all been through (and continue to endure). In no specific order of importance, here are a few to ponder.

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Start a New Year by Committing to Reduce Your Vulnerability to Fraud

Submitted by S. F. Ehrlich Associates, Inc. on January 13th, 2021

December 31, 2020

AARP Bulletin1 published several steps we can all take to protect ourselves from fraud in 2021. (Considering we’re referencing AARP, you may be amused by one of their tips.)

Tags:
  • Portfolio risk
  • Retirement planning
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Stan's World - A Final Gift

Submitted by S. F. Ehrlich Associates, Inc. on November 20th, 2020

November 15, 2020

As many long-time clients will attest, I tend to share lessons I learn in life through this column. Some lessons may apply to more readers than others, but I always hope there is some value to at least a few of you. In this instance, I think I learned something that has the potential to benefit everyone. While that may be a bold statement, hear me out.

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  • Estate Planning
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How COVID-19 will affect retirement and aging

Submitted by S. F. Ehrlich Associates, Inc. on November 20th, 2020

November 15, 2020

The Wall Street Journal published a Journal Report titled Encore, and it included an article1 on how COVID will impact us all in retirement. Even if you’re not a retiree or close to it, it’s worth it to pay attention. As Kenny Chesney sings: “Don’t blink…a hundred years goes faster than you think.”

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  • Financial planning
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A few tips for these waning days of 2020

Submitted by S. F. Ehrlich Associates, Inc. on November 20th, 2020

November 15, 2020

A few planning tips as we head into the final days of 2020 that we thought you might find helpful.  As always, if any of these interest you and you'd like to discuss further, let us know.

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  • Financial planning
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Stan's World - Acting Against Instinct

Submitted by S. F. Ehrlich Associates, Inc. on October 6th, 2020

September 30, 2020

A few weeks ago, we moved my 98-year-old mother from independent living to long-term care. One of the reasons why we selected the community where she lives is because they have a continuum of care, to include independent living, assisted living, and skilled nursing.

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S.F. Ehrlich Associates, Inc. is a Registered Investment Advisor registered with the U.S. Securities and Exchange Commission. S.F. Ehrlich Associates, Inc. does not offer or intend to offer asset management, financial planning, or investment advice through this website. The dissemination of general information pertaining to our investment advisory and financial planning practice is the purpose to which this website is limited. The foregoing information and opinions are for general information only.

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