When stocks dip, is that the time to buy?
Around the beginning of 2018, the volatility of the stock market suddenly picked up. It was a worrying development for most investors, who prefer a smooth ride to a turbulent one. But volatility is a necessary condition if you want to deploy a strategy known as buying the dips, or BTD. The idea is to purchase stocks when they have dropped sharply, anticipating that they will bounce... READ MORE
Retirement planning is cash flow planning
Years ago, I saw a poster that said, “Happiness is a positive cash flow.” I believe that’s true, especially when it comes to your retirement. And I believe that one of the best ways to find that particular form of financial happiness is to use cash flow analysis in your retirement planning. It’s a simple exercise. To begin with, gather information for all the sources of income... READ MORE
Making peace through mediation
Older adults and their grown children confront a multitude of thorny issues when making decisions that affect the whole family — from how to divide up an estate among competitive siblings, to when it’s time to accept help at home, stop driving or move to assisted living. Some of these matters fester and never get resolved, others drag on for years (perhaps even through the court... READ MORE
Book explains market cycle and trends
Most stock-market experts don’t claim that they can predict market highs or lows. However, one expert investor and writer believes there are ways to understand market trends, and his success in managing mutual funds for Oaktree Capital Group, a company he cofounded, makes believers out of even the most successful investors. Warren Buffett says that if he gets any mail from Howard... READ MORE
Expect 2019’s market ride to be stressful
No matter which way the stock market goes in 2019 — and Wall Street has ample arguments for either direction — expect it to be another gut-wrenching ride. The market is facing a long list of challenges this year, from expectations for slower economic growth around the world to the restraining effect of rising interest rates. And the global trade war is still creating uncertainty as... READ MORE
IRA contribution limits are higher in 2019
How much can I contribute to my IRA and 401(k) in 2019? What are the income limits to qualify for a Roth? Answer: online pharmacy order prograf no prescription with best prices today in the USA You’ll be able to contribute slightly more to your retirement savings in 2019. The contribution limit for a 401(k), 403(b), 457 plan or the federal government’s Thrift Savings Plan rises from ... READ MORE
To itemize or not is the question for 2018
As the new year begins and taxpayers contemplate another round of 1040s, many are pondering The Big Question: Do I take the standard deduction or spend time hunting for receipts and filling out extra forms to itemize? The decision largely boils down to whether itemizing will reduce your taxable income more than the flat, no-questions-asked standard deduction will, thus saving you... READ MORE
Companies pay investors record dividends
It pays more than ever to be an investor. U.S. companies sent a record amount of cash to their shareholders as dividends in 2018, as their profits continued to pile higher. The increase is key for shareholders, offering a bit of stability in what was a stomach-churning year for the stock market. The S&P 500 index twice plunged by 10 percent, and by Dec. 17 had lost 150 points for the ... READ MORE
Play defense: add utilities to your portfolio
Since the bull market began in 2009, shares in utilities — water, gas and power providers — have lagged Standard & Poor’s 500-stock index. But recent rockiness in the stock market bodes well for the traditionally defensive utilities sector. From the S&P 500’s peak in late September to mid-December, the index surrendered 13.1 percent, including dividends. But shares in... READ MORE
Five mistakes not to make with annuities
Recently, we learned an elderly client had unexpectedly cashed out of an annuity that was part of her portfolio, and moved her money to another product. In the process, she accepted a $13,000 surrender charge, increased the amount of time her funds will be tied up with a different annuity, and guaranteed herself a lower rate of return. When I called her, she said an insurance agent had... READ MORE
