Archive - 2017

1
Invest Even When Afraid
2
It’s Okay to Start Social Security Earlier Than Planned
3
Public Safety Employee Retirement Plan Withdrawal at Age 50
4
Crypto-Currency: The Next Tulip Craze?
5
Home Equity is Not a License to Spend

Invest Even When Afraid

The US markets have set new highs. As of June 30, 2017, the S&P 500 Total Return Index is up 9.34% year to date. Foreign markets are doing even better with the MSCI EAFE Index of Foreign Developed Countries up 13.81% and the MSCI Emerging Market Pirce Index up 17.22% year to date.

That being said, investors are noticeably scared, because they know that the markets can go in both directions.

The stock market is inherently volatile, but it is also inherently profitable. Everyone would want to have invested as much as possible 30 years ago, even knowing all …

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It’s Okay to Start Social Security Earlier Than Planned

There are a number of sayings about how you can make plans for your life and not be able to see them through. Financial planning is not something you do to guarantee that things will go your way but a way to ensure that you are prepared for whatever life may throw at you. It’s okay to start social security earlier than you had planned.

After hearing from a senior who felt like a failure because of the need to start Social Security earlier that anticipated in an online chat, Washington Post finance columnist Michelle Singletary responded:

“If you need

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Public Safety Employee Retirement Plan Withdrawal at Age 50

For certain types of workers, specifically someone employed as a public safety employee, there is a special exception to the normal distribution rules. For a public safety employee, retirement plan withdrawal can begin without penalty as early as age 50, rather than age 55 or 59½.

Public Safety Employee

The list of public safety employees includes government or municipal firefighters, police, and emergency medical service employees. Recent expansion of this definition was put in place to include federal employees who work in certain public safety professions. These additional classifications include federal law enforcement, customs and border protection officers, federal firefighters, …

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Crypto-Currency: The Next Tulip Craze?

Imagine transacting business or buying goods and services one day without using a single dollar bill or other country currency.  Imagine further that no one country or organization controls the currency and no one can create further units to dilute the value of your buying power. That’s the promise of crypto-currencies, which, since the first one was introduced in 2009, have been gaining much attention and buying.

In fact, one candidate for the greatest bull market run (uptrend) in financial history is the recent run-up in price of the Bitcoin—the crypto-currency favored by international arms dealers and drug cartels, but …

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Home Equity is Not a License to Spend

Many homeowners find themselves in a beneficial position a few or many years into their mortgage. As their payments continue, their mortgage balance gradually lessens and generally their home equity increases.

It may be tempting to view this increase in equity as a license to spend. In other words, individuals may be tempted to start spending on wants versus needs and no longer delay gratification.

A few arguments can be made in favor of using your homes equity in order to make purchases. Such arguments include home remodels, purchasing vehicles, taking vacations, and paying for college. Additionally, some may argue …

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