Financial Advice for Retirement, Social Security, IRAs and Estate Planning

Bob's Blog on Retirement & Beyond

Steinhoff Mattress Scandal

January 19, 2018

Steinhoff International Holdings is an international retailer, often described as a mattress firm, that was well-liked by many analysts and other members of the financial community. Leading banks lent it quite a bit of money. Then, it was reported that the firm had some “accounting irregulatories.” As this article explains, the stock has lost a […]

Have You “Made It”?

January 19, 2018

A new survey reveals that a majority of Americans think you haven’t “made it” until you’ve reached a minimum level of income. That level is $147,104. The survey respondents also explained what “making it” means to them. The top priority is not having to worry about medical bills. After that came being able to lend […]

Hedge Fund Mansions On Sale

January 19, 2018

Greenwich, Connecticut, is home to many hedge funds and many more hedge fund managers. For many years it had some of the priciest real estate in the country, and prices were rising rapidly. Not any more. With index investing earning more than most active strategies and fees being reduced, hedge funds have hit hard times. […]

Digital Currency Stocks Take a Hit

January 18, 2018

Only a few weeks ago companies were able to double or triple their stock prices by putting a digital currency term in their names or issuing media releases saying they were getting involved in blockchain, digital currencies, or related fields. All that seems to be over. The digital currencies took big hits the last couple […]

The Real Federal Debt Problem

January 18, 2018

This article argues that when federal spending is examined carefully, the real problem isn’t entitlement programs in particular or even the change in demographics over the years. The real problem is that medical spending per person in the U.S. is rising at an unsustainable level. The Affordable Care Act, despite it title, completely punted on […]

The Inevitability of Lower Equity Returns

January 18, 2018

To earn decent investment returns in the future, you’re going to have to diversify out of equities. The Philosophical Economist is back with a long article going into great detail to explain why most pension funds aren’t going to be able to achieve the 7.5% annual investment return that’s baked into their actuarial assumptions. Keep […]

More Income on Safe Money

January 17, 2018

Interest rates on short-term investments quietly claimed the last few weeks, without any action by the Federal Reserve. The increases likely result from a combination of the new tax law and recent economic data. Whatever the cause, as these charts show, you can now earn income that looks generous (by recent standards) on safe treasury […]

401(k) Loans Liberalized in Latest Tax Law

January 17, 2018

Among the problems with loans from 401(k) accounts are that you traditionally had only 60 days to repay them after leaving an employer. Fail to repay, and you included the loan amount in gross income and paid a 10% penalty if you were under age 59 1/2. The latest tax law liberalized the terms for […]

Log In

Forgot Password