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Retirement Income Planning – Part 1

Posted by on Jul 23, 2015 in blog | Comments Off on Retirement Income Planning – Part 1

Retirement income planning is a hot topic today that bears some discussion.  This is the first in a series of articles that will tackle the issues most important to those of us facing retirement in the next  ten to 15 years.

When contemplating retirement, the major financial concern is the replacement of a steady income that used to come from a regular paycheck.  This income needs to outpace inflation and last throughout retirement, a period that can be 20 years or longer. (more…)

Long Term Investing in a Volatile World

Posted by on Jul 15, 2015 in blog | Comments Off on Long Term Investing in a Volatile World

The global economy has experienced a flurry of economic news recently,  including U.S. interest rate increase expectations, Greece debt, and volatility in China.  In the short term, the news of these events can cause the financial markets to react sharply.   Financial markets in the short term are sensitive to uncertainty, causing volatility.  As we elongate the time horizon, and stretch the financial forecasts and models to longer term, e.g. 3 – 5 years, this reduces the volatility.  Economic news and short term reactions are a normal part of the global economic landscape.  When viewed in short time horizons, the markets appear volatile. (more…)

THE GREEK DEBT CRISIS

Posted by on Jul 14, 2015 in blog | Comments Off on THE GREEK DEBT CRISIS

Greece is in the headlines regarding its position within the European Union (EU) and its ability to pay its July 20 bond payment.

 It’s important to keep Greece’s economic impact in perspective and to note that the risk of a Greek default in terms of its broader economic impact is reduced today relative to prior flare-ups of this question (though not eliminated, of course). As economist David Rosenberg wrote in his June 16, 2015, “Breakfast with Dave” column, “Remember that we are talking about a $240 billion economy here or 2% of the eurozone GDP [0.3% of global GDP].” Moreover, more than 80% of the total €315 billion Greek debt is held by government-related/taxpayer-supported entities, such as the ECB, International Monetary Fund, and the European Financial Stability Facility, according to data from Capital Economics. (more…)

Teach Your Children Well

Posted by on Apr 17, 2015 in blog | Comments Off on Teach Your Children Well

Teaching our children well is a responsibility all parents share. Here is an article with tips for how to teach your children about money and how to use it wisely. Read More.