Posts by bertram

Summary of the relief measures contained in the CARES Act

Provides recovery checks to most taxpayers, providing cash immediately to individuals and families. Individuals are eligible for checks up to $1,200 and married couples filing jointly are eligible for checks up to $2,400, with an extra $500 for each child. Even people with no income and or only Social Security income are eligible. So that…

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COVID 19 – New Market Era?

Common Portfolio Wisdom ~ “WE’RE IN A NEW ERA… OLD MARKET RULES DON’T APPLY” Pros – Many new factors: Internet, Baby Boomers, Global Markets, COVID 19 Cons – The appearance that we are smarter or this has never happened. Factors change; results consistent. Society may change, but human nature doesn’t. Axiom – We are never…

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The Fear Index is going up as the Market goes down

It doesn’t take an index to tell us that there is fear relating to the stock market right now, but the CNN Money fear index confirms this. The coronavirus impact on the market has been fierce, in the last few weeks the market has had some huge loses including the worse day since 2008. While…

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I don’t want to lose money! What do I do?

The market started this week with an up day Monday recovering from some of the losses last week, but as of writing this Tuesday, it is down again. I see continued volatility to come and no one is yet to know the full economic impacts of the coronavirus virus. The truth is whether now, a…

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Stocks plunge as coronavirus spreads

“Stocks plunge as coronavirus spreads — 5 questions to ask your broker right now” this was the headline on MarketWatch today. Stock markets plunged Monday, following alarming news over the weekend that the coronavirus had spread much further than originally thought. If the coronavirus (or anything) has you worrying about all the stock funds in…

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Retiring is like Rock-Climbing

Accumulating money for retirement can be a lot like climbing a mountain. Have you ever tried scaling one? There are basically two ways to climb mountains. With Way 1, the climber chalks up his hands, grabs some rock-climbing shoes with good grip and literally scales the face of that mountain in what’s known as a ‘free…

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What is a good investment mix for someone in retirement?

Investing is like riding the volatility roller coaster. When I was a kid, you loved all the crazy fair rides. The more spinning and turning, the better. I remember adults saying they could not handle all that and I thought they just didn’t know how to have fun… Fast forward to a few years ago…

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SECURE Act (part 3)

A SECURE Act provision will make it easier and less expensive for small business owners to set up retirement plans for employees. The new rule will let more small businesses band together to offer what are called Multiple Employer Plans or MEPs. However, it could be a few years before small business employees without retirement…

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SECURE Act (part 2)

Stricter rules for post-death required minimum distributions curtail ‘Stretch IRAs’: The Secure Act requires most non-spouse IRA and retirement plan beneficiaries to drain inherited accounts within 10 years after the account owner’s death. This is a big anti-taxpayer change for financially comfortable folks who don’t need their IRA balances for their own retirement years but…

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Secure Act (part 1)

President Trump signed the SECURE Act the end of 2019 as part of the government’s spending bill and it will inevitably affect most retirement savers, for better or worse. The SECURE legislation — which stands for “Setting Every Community Up for Retirement Enhancement” — puts into place numerous provisions intended to strengthen retirement security across…

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