Recently I sent out a client newsletter which pulled prior posts from my new website and which ended up including my market forecast for 2023 made in November 2022. That was a surprise to me, but it provided an opportunity to see how I did in forecasting the market...
The #1 reason why many retirement plan participants do not contribute as much as they need to have a comfortable retirement is DEBT. According to a 2023 study cited by Nerd Wallet, here’s the breakdown of what U.S. households owed in total and the average amount per...
If you have access to the Wall St. Journal, IMO the best newspaper there is, they have a terrific inflation tracker that breaks down price increases to a very detailed level. You can create your own basket of items you use most to see your personal inflation rate....
Important Strategy UpdateWe have been completely out of stocks and bonds for about half a year and it has served us very well in protecting principal which I view as my primary responsibility. InflationInflation is still out of control, running over 8%, and while the...
Starting in the 2000s the Fed was worried about deflation and started on its course of very extended super-low interest rates in an effort to boost inflation to at least 2%. I said for years that 0% interest outside of a financial crisis and continued massive...
