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Bob's Journal

Found 319 Articles.
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Bob’s Journal for 7/16/20

July 16, 2020

Some Notable Events That Grabbed My Attention This Week Good News on the Coronavirus Front There has been a surge of positive news in the last few days about the prospects for one or more vaccines against the coronavirus. The German firm BioNTech, which is partnering with Pfizer on a vaccine, is indicating it plans […]

Bob’s Journal for 7/9/20

July 9, 2020

Some Notable Events That Grabbed My Attention This Week The Wealthy Cut Their Spending There was a lot of interesting information below the headlines of the recent reports on income and spending. The stimulus programs Congress enacted beginning in March were designed to replace income that households and businesses lost due to stay-at-home policies. The […]

Bob’s Journal for 7/2/20

July 2, 2020

Some Notable Events That Grabbed My Attention This Week I’ve been saying it for a while, but other analysts are coming around to my view of the economy. Investors and analysts have been trying to predict which letter of the alphabet the economic recovery from the pandemic will most resemble. Initial predictions were for a […]

Bob’s Journal for 6/25/20

June 25, 2020

Some Notable Events That Grabbed My Attention This Week IRS Expands RMD Waiver The IRS provided some big tax breaks for those who took required minimum distributions (RMDs) early this year and also for people who took RMDs from inherited IRAs. The much-awaited detailed guidance explains how RMDs are affected by the Coronavirus Aid, Relief […]

Bob’s Journal for 6/18/20

June 18, 2020

Some Notable Events That Grabbed My Attention This Week This is a good time to put your long-term care plan in order, so you won’t have to suffer the way many long-term care facility residents have during the pandemic. A high percentage of the novel coronavirus infections and fatalities have been residents of U.S. nursing […]

Bob’s Journal for 6/11

June 11, 2020

The U.S. economy entered a recession in February, according to the National Bureau of Economic Research (NBER). The prior economic expansion had been the longest on record, when using data going back to 1854, as it lasted for 128 months. Economists and investors have long since accepted the NBER’s Business Cycle Dating Committee as the […]

Bob’s Journal for 6/4/20

June 4, 2020

Some Notable Events That Grabbed My Attention This Week I’ll make a live presentation at a MoneyShow’s Virtual Event next Wednesday, June 10, at 10:20 a.m. EDT, when I talk about “Important Recent Changes in IRAs and Other Retirement Planning Strategies You Must Know.” My Eagle Financial Colleague, Bryan Perry, and about 60 other investing […]

Some Notable Events That Grabbed My Attention This Week

May 28, 2020

We’re starting to see the secondary effects of the pandemic. One surprising effect is higher prices for beer and soda, as explained in an article in The Wall Street Journal. These drinks literally have bubbles, and those bubbles usually are generated using carbon dioxide. Carbon dioxide is a byproduct of ethanol production. Ethanol is produced […]

August 2021:
Congress Comes for your Retirement Money
A devastating new law has just been enacted, with serious consequences for anyone holding an IRA, pension, or 401(k). Fortunately, there are still steps you can take to sidestep Congress, starting with this ONE SIMPLE MOVE.
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