Source: Direxion Funds

September 30, 2019

• I’M ALL DONE WITH MY WORK - An average American worker has increased his/her productivity by +97% in the last 35 years, i.e., an average worker can complete in 1 hour as of 12/31/18 the same amount of work that it took him/her 2 hours to finish as of 12/31/83 (source: Department of Labor).
• I QUIT - 3.43 million American workers quit their jobs in June 2019. A decade earlier, just 1.79 million American workers quit their jobs in June 2009 (during the nation’s 2008-09 recession). A higher “quit level” is indicative of a greater level of confidence in finding a new job to replace one’s current occupation (source: Department of Labor).
• SHOULD WE BUY TODAY? - 70% of Americans surveyed in June 2019 think “it’s a good time to buy a house.” That percentage was as high as 83% in December 2014 and has been as low as 57% in October 2008 (source: University of Michigan Surveys of Consumers).

August 15, 2019

Despite my non-violent predilection, should I ever meet the person who coined the phrase “Growing old gracefully,” I would probably hit him. After all, how many seniors do you know who have aged gracefully? Some seniors I know may be less aggrieved than others, but virtually everyone I know has one (or more) afflictions.  

I can’t speak for all seniors, but I have found aging to be, well, an interesting experience. We all know about “senior moments”: Why did I walk into this room? What’s the damn name of the person who’s walking towards me in the supermarket? Who did I just dial? Why didn’t the kids give all the grandchildren the same name?

August 15, 2019

During periods of volatility, or in anticipation of volatility, or just about any day of the week, it’s common to speak to a client or two about market volatility. The questions are often similar: “How can I get market returns with less risk?” Or, “Can’t we sell everything and go back in when things settle down?”

August 15, 2019

Life expectancy has increased over the past 100 years. Thus, it’s not uncommon for clients to suggest that their retirement plan include an extended life span, sometimes to 95 years or more. But if a plan covers retirement to age 95 (or beyond), is there a downside?

August 15, 2019

We’ve previously written about helping young children to learn about charity and savings. Those lessons can be life-long, and life-changing, and they shouldn’t stop. 

As the New York Times¹ points out in an article titled “The Birds and the Bees. Why Not Bequests? Parents will talk to their children about drugs or sex, but often won’t discuss inheritance,” we often limit the lessons we teach our children, especially our adult children.

Source: Direxion Funds

August 15, 2019

• GOING, GOING, GONE – 7,037 American retail stores have closed YTD through 6/30/19, already exceeding the 5,864 closures that occurred during all of calendar year 2018. This year’s store closures are on pace to exceed the all-time record of 8,139 from 2017 (source: Coresight Research).

• LONGEST IN HISTORY - The US economic expansion began its 11th year (i.e., 121st month) a week ago today on 7/01/19, making it the longest-running expansion in our nation’s history based upon government data that has been maintained since 1854 or for 165 years (source: National Bureau of Economic Research).

June 30, 2019

If you’ve read Stan’s World for a few years, you may recall that I often advocate for volunteerism. While some of us may have more time and opportunity than others to help those less fortunate, I fervently believe that what we take away from volunteering is so much more than we invest. In fact, a recent conversation with an old friend led me to conclude there may even be more at stake than I realized. 

June 30, 2019

While a study involving Google and the DNA website, Ancestry.com, notes that our DNA may not play as big a role in our life expectancy as we all assume, a subsequent study published in the journal, Circulation, highlighted how we can take responsibility to increase our lifespan. 

June 30, 2019

When the U.S. stock market goes up, it’s only logical to question why there’s a need to own anything but U.S. stocks. That argument can be further bolstered by pointing out how many U.S. companies derive sales from international markets. “If I own Coca-Cola, aren’t I invested internationally?” 

June 30, 2019

It’s possible you may have heard the term inverted yield curve by reading about it in a financial publication¹ or while aimlessly surfing through the 500 channels offered by your cable provider.