Worried About Outliving Your Money?You share that fear with many baby boomers. No one wants to spend their last dollar before the last day of their life. Since you can’t tell when that day will be, and since you may need more income long before that day arrives, you...
What are “Cost Basis, Step-up, and Sales Tax Exclusion?At some point in our lives, we may inherit a home or another form of real property. In such instances, we need to understand some of the jargon involving inherited real estate. What does “cost basis” mean?...
What is risk?To the conservative investor, risk is a negative. To the opportunistic investor, risk is a factor to tolerate and accept.Whatever the perception of risk, it should not be confused with volatility. That confusion occurs much too frequently.Volatility A...
Will Social Security Run out of Money in the 2030s?For years, Americans have been warned about that possibility. Those warnings, however, assume that no action will be taken to address Social Security’s financial challenges.Social Security Strained By A Giant...
Dollar Cost Averaging Buying low and selling high is the oldest stock market adage. How does one put it into practice? Dollar cost averaging may give you a method to capture lower prices today and come out ahead tomorrow. How Dollar Cost Averaging Works Dollar cost...
What’s The Worst that Could Happen? “Financially speaking, what would be the worst thing that could happen to you?” If you ask a hundred people in their forties that question, you may get a dozen different answers. Some may say “my business going under” or...
