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Bob’s Journal for 9/24/20

September 24, 2020

These Notable Events Grabbed My Attention This Week Soon, we’ll know the Social Security cost of living adjustment (COLA) and other changes for 2021. September’s Consumer Price Index was issued last week. That’s the last piece of data the Social Security Administration needs to calculate the COLAs and adjustments for next year. Private sources estimate […]

estate planning

What is Probate? A Guide to the Probate Process

September 18, 2020

Probate is the legal process that ensures your debts are paid and the legal title of your assets is transferred to the appropriate heirs and beneficiaries. If you have a will, the probate process will determine whether the will is authentic and valid. Each state sets its own probate process and rules in its probate […]

Bob’s Journal for 9/17/20

September 17, 2020

Highlighting Notable Events That Grabbed My Attention This Week There are clear signs that economic growth slowed during the summer, even before the fiscal stimulus expired at the end of July. Retail sales and other measures of activity delivered strong numbers once the enhanced unemployment benefits and other fiscal measures were enacted. Growth shot up […]

The Simple Secret to Buying Low and Selling High

September 11, 2020

There’s a simple and easy way to increase long-term returns while reducing risk. After all, isn’t the Holy Grail of most investors to achieve increased returns with less risk? This strategy is also the way to buy low and sell high. I made it the subject of my latest Retirement Watch Spotlight Series because it […]

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Bob’s Journal for 9/10/20

September 10, 2020

Some Notable Events That Grabbed My Attention This Week Questions arose in the last week about the foundation and sustainability of the rise in technology stock prices. Since the market low in March, I’ve periodically documented how technology stocks soared ahead of the rest of the market. Technology’s share of the S&P 500 steadily increased […]

Use My Retirement Calculator To Keep Your Money Away from the Government By Converting Your IRA to a Roth IRA

September 8, 2020

Should you convert your IRA to a Roth IRA? A lot of the “rules” out there are not good to follow. That’s why I developed this calculator that will take into effect YOUR own situation so you can make an educated decision and keep thousands, perhaps tens of thousands, of dollars away from the government. […]

Bob’s Journal for 9/3

September 3, 2020

It is the World War II era all over again as far as monetary and fiscal policy are concerned. This week, the Congressional Budget Office confirmed that in 2020, the federal debt held by the public will exceed gross domestic product (GDP). This is the first time that’s happened since World War II. In addition, […]

How Much Does Long-Term Care Insurance Cost?

August 31, 2020

Long-term care is a system of personal services and medical care provided to someone who is cognitively impaired or can’t perform two or more of the six activities of daily living (ADLs). The ADLs are dressing, bathing, eating, walking, toileting, and transferring (such as moving from a bed to a chair without help). Despite the […]

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