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Bob's Journal

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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 […]

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 […]

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, […]

Bob’s Journal for 8/27/20

August 27, 2020

Some Notable Events That Grabbed My Attention This Week Big changes were announced in the Dow Jones Industrial Average (DJIA) this week to take effect Aug. 31. The DJIA is composed of only 30 stocks. Unlike the other major stock market measures, the DJIA is price-weighted. The higher a stock’s price, the greater a percentage […]

Bob’s Journal for 8/20/20

August 20, 2020

Some Notable Events That Grabbed My Attention This Week The major stock market indexes continued climbing to new highs, but there were changes in the stocks pushing the indexes up. As you are aware, the U.S. stock indexes had a very few stocks earning high returns while the rest of the stocks in the indexes […]

Some Notable Events That Grabbed My Attention This Week

August 13, 2020

Some Notable Events That Grabbed My Attention This Week Gold and silver finally are taking a break from their runs to historic highs. As of last Friday, the iShares Gold Trust (IAU) was up 33.59% for the year to date. A lot of that return came in a strong run from June through last Friday. […]

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