For years, you have tucked away a portion of your income, saving and investing along the way. But now that you’ve grown your assets, it’s time to start drawing on your accounts. While this may appear to be a simple matter of selling a particular stock, there is something of an art to taking distributions. Determining which assets to liquidate, and when to do so, requires careful analysis of
In this video I compare the tech bubble of 2001-02 and the financial crisis in 2008 with today’s COVID-19 market crash. By reviewing the S&P 500 and the U.S. 10-year Treasury, I give you some insight as to what may happen in the United States investment markets.
Sometimes life throws you a curveball, and you find yourself in a financial jam that requires some quick cash. Taking a loan from your 401(k) plan sounds like an easy solution. After all, you’ll be borrowing from your own retirement account and paying yourself back with interest. Sounds reasonable enough, right? Not always.
On October 10, 2018, I told my wife, Ginger, that we needed to leave - this is not going to be a small hurricane. So we left and went to stay with family in Birmingham. When we came back a few days later, I realized my family was one of the lucky ones. We had a house that was still standing, no major damage, running water, and electricity. The people who live 10 to 20 miles to the east of us