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

Bob's Blog on Retirement & Beyond

The Next Financial Debacle?

April 4, 2017

For the last couple of years, one of the investors featured in The Big Short has argued that automobile loans are the latest bubble and doomed to collapse. This week, Barron’s jumped on the bandwagon in its April 3 issue. (Subscription required.) One article argued that CarMax stock could have problems because of default problems […]

Out-of-Pocket Medical Costs to Rise for Seniors

April 4, 2017

This article discusses several studies that project in the next couple of decades America’s seniors will pay greater shares of their income in medical expenses than seniors are doing today. The researchers made these projections without considering any future changes in Medicare. They also don’t include long-term care costs. They used a model that seeks […]

Knowing What the Fed Will Do Next

April 3, 2017

Traditional indicators of monetary policy haven’t helped people anticipate Federal Reserve actions over the last few years. This article argues that’s because the Fed has changed the factors it looks at, thanks largely to the efforts of New York Fed Chairman William Dudley. The condition of financial markets now plays a big role in whether […]

First Quarter Performance

April 3, 2017

Bespoke Investment posted on its blog how the different S&P 500 sectors performed in the first quarter. The top performers were technology and consumer discretionary. The laggards were energy and telecommunication services. The blog also lists the best and worst performing stocks of the first quarter. Of the 21 stocks that gained more than 25%, […]

Catching a Cyber Bank Robber

April 3, 2017

This is a long article, but it tells an interesting tale about how modern bank robbers use technology. It focuses on a Russian computer hacker who, among other things, is believed to be among those who were involved in the U.S. election in 2016. In addition to being interesting, it provides ideas on how to […]

Brexit Negotiations to Begin

March 31, 2017

The European Union continues to take a tough public posture in negotiating Britain’s withdrawal from the EU. It issued draft negotiating guidelines to its member countries and let the U.K. know that negotiations couldn’t begin until all the member countries approved the guidelines. Also, a final trade deal won’t be finalized until after the UK […]

Probability of a Big Drop in Stocks

March 31, 2017

This post uses historic data to determine the probability of a significant decline in stocks by the end of 2017. It’s not using fundamental or technical factors to predict a drop at any point. The message is that, based on history, stock investors shouldn’t be too complacent about the steady rise in stocks we’ve been […]

Managing Debt, Income, and Savings

March 31, 2017

There’s a new book out by Thomas Anderson, The Value of Debt in Building Wealth. The title gives the impression that people should be in debt to maximize wealth, but that’s not what it says, according to this review. Instead, it says that people should be focus on either being debt free or leveraging their […]

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