On Exponential Curves: A famous physics professor, (maybe Einstein, maybe another according to Quora) said “The greatest shortcoming of the human race is our inability to understand the exponential function.” In an exponential curve the number being compounded accelerates and leaps ahead dramatically. Regarding investing, it does so for the good (money […]
We’ve all made plans that have had to change because of COVID and the recession. Some of us have stalled vacations. Some of us have downsized kitchen renovation plans. Some of us are staring at our plans to retire in 2020 and wondering, “will it still work?” It is like our life is a football […]
As we experience a market recession, are there anything proactive moves that we can do with our investments? Often these proactive strategies are ones that we must implement by coordinating between multiple professionals. This means your CPA, your CFP®, and your attorney. The tips given are ones that may further your financial picture while the […]
When the market has had big losses in the past, policy makers have stepped in and changed requirements for retirement accounts. Why? It is a way to keep our retirees’ livelihood sustained longer. The government would rather implement a stopgap now. It is a measure to keep you from going on governmental assistance later in […]
You’re on autopilot with your retirement accounts – for adding money or taking income. That’s perfect most of the time! However, in a recessionary period, you might reconsider your game plan. Check out Liz’s video covering the topic of adding money and taking money out of your investments.