Category: Financial Planning

Are You Flunking P/E?

Flunking P.E. is pretty difficult to do. Most who do, are those who don’t show up in the first place – or, as in the case of many investors today, those who show up at the wrong time.

No Pain, No Gain

What comes to mind when you hear the phrase: no pain, no gain? Whatever it is that comes to mind, I have a feeling your investment portfolio is not among them.

Year-End Tax-Planning Report: December 2016

As we near the end of 2016, there may be an opportunity to reduce your income taxes if you act before the end of the year.  The election of Mr. Trump will likely result in significant changes to the income tax code.

Eating Brussels Sprouts

Saving money is like eating Brussels sprouts: it is very beneficial, but it never feels good in the moment.

French ‘Fwise’

In 1850 an economist and philosopher that was soon to meet his demise wrote a pivotal essay entitled “That Which Is Seen, and That Which Is Not Seen”.  This essay was my first introduction to his writings, and I ate up his every word like they were – as Daffy Duck might say – French ‘Fwise’.

Where You Stack Up: Net Worth

At age 65, half of Americans have less than $200k in total net worth. If you subtract their home value, this drops to less than $50k. This accords with the 2016 study by the Employee Benefit Research Institute (EBRI), which reported that 62% of retirees have less than $50k in total savings and investments.

The State of Pensions – And the States That Have Penchants for Them

CalPERS recently reported earnings for the fiscal year ending June 30th, 2016. The results were disappointing, failing to reach their return goal of 7.5% for the second year in a row. The giant pension fund now only has only 68 cents on hand for every dollar in long-term obligations. They are not alone; many public pension funds are facing similar problems.