If you’re having trouble wrapping your head around inflation, you aren’t alone. Many economists are perplexed by the trends these days because it seems like, only yesterday, our country was faced with deflation. The most recent CPI went up compared to predictions, at a record level of 8.3% compared with last year’s figure.1 That much inflation can signal future price changes for us down the line, so this is something to keep your eyes on.
Much is out there about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Aside from these blunders, some classic financial missteps plague retirees.
Calling them “mistakes” may be a bit harsh, as not all of them represent errors in judgment. Yet whether they result from ignorance or fate, we need to be aware of them as we plan for and enter retirement.
Your Changing Definition of Risk in Retirement Some things to consider. During your accumulation years, you may have categorized your risk as “conservative,” “moderate,” or “aggressive,” and that guided how your portfolio was built. Maybe you concerned yourself with finding the “best-performing funds,” even though you knew past performance does not guarantee future results. What…
Your digital assets should not disappear into a void when you die.
When you think about your estate, you may think about your personal property, real estate, or investments. You also have other, less-tangible assets – and they deserve your attention as well.
Why DIY Investment Management Is Such a Risk Paying attention to the wrong things becomes all too easy. If you ever have the inkling to manage your investments on your own, that inkling is worth reconsidering. Do-it-yourself investment management is generally a bad idea for the retail investor for myriad reasons. Getting caught up in…
In the past several months, I have fielded calls from a few different clients that have heard, and become interested in, investing in Real Estate Investment Trusts (REITs for short). A REIT is a form of real estate investment designed to reduce or eliminate tax while simultaneously providing returns on real estate. REIT’s can either…