Avoid These 4 Retirement Planning Mistakes When Funding College
Paying for your child’s (or grandchildren’s) college expenses can significantly strain any family’s finances. With rising tuition fees and escalating living expenses, the financial burden of college education is becoming increasingly challenging to manage. As a high-net-worth individual, the dilemma is balancing the desire to provide a quality education for your family along with having a comfortable retirement. Failing to strike the proper balance can easily lead to higher debt, reduced savings, postponed retirement, or a dramatic reduction in your […]
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Date: May 20, 2024
Low Volatility Is Bullish – Ignore The Lazy
This past Friday was your typical options expiration which used to be a somewhat important affair. Over the years, it has almost become a non-event with all the more frequent options being traded weekly and now daily. A tried and true trend about strength into last Friday and weakness the following week kicks off today. I don’t think it’s anything big to the downside, just maybe a modest pullback. As I thought about that old study I just mentioned, I […]
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Date: May 20, 2024
Dotcom Bubble Again?
On Wednesday I wrote about the meme stocks being back in Vogue with epic volume. I know. I know. Why should we care about a few stocks that trade like Dotcom stocks from yesteryear? In a vacuum it doesn’t really matter. However, we don’t live nor invest in a vacuum. Meme stocks like Gamestop, AMC and Blackberry are indicators of overall market sentiment. All three companies have poor fundamentals which is why many professional investors have positioned against those stocks, […]
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Date: May 17, 2024
All-Time Highs Are Here Again – Meme Shorts Get Punched
It seems like a lot has happened this week and it’s only Wednesday morning. On Tuesday and Wednesday we got inflation reports from the producers as well as the consumers. One was warmer than expected while the other was a touch cooler. Still, although April looked a tiny bit better, year over year inflation remained well above 3% and nowhere near the Fed’s 2% target. Recall that I have been saying that 3% is the new 2% and until we […]
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Date: May 15, 2024
Stocks Overbought
I hope everyone had a nice Mother’s Day. With the kids home, my mom back from the Sunshine State and my in-laws just down the street, it was great to have everyone over and also celebrate my brother’s double nickel (55) birthday a few days early. I had my first hands on experience with AI as I listed a brand new Taylor Made driver for sale on eBay. After I entered all the specs, it asked me if I wanted […]
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Date: May 13, 2024
Tactical Social Security Planning for High Net-Worth Individuals
As you approach retirement, understanding the impact of Social Security becomes a significant piece of an already complex puzzle known as retirement planning. For affluent individuals, the challenge isn’t just about choosing when to start benefits but also knowing how those choices impact your taxes and retirement income. You might be wondering: When is the best time to claim benefits? How will this affect my taxable income? Should my spouse and I coordinate our claims? Are there tactical planning tips […]
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Date: May 13, 2024
The Youts! What’s a Yout? – AI & The Utes
The bulls have had quite a run, haven’t they? My thesis for a Q1 peak came to fruition. My thesis for a Q2 low came to fruition. I think my thesis for all-time highs in Q3 will come to fruition, but that may be happily earlier than I expected as the Dow Industrials, S&P 500 and NASDAQ 100 are just one big day away. Longtime readers know I hate to follow the masses as they are usually but not always […]
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Date: May 10, 2024
Do The Homework – Selling In May Is For The Lazy
Before May gets away from us I wanted to comment on the media’s obsession with the “Sell in May and Go Away” calendar investing advice that makes its round annually. First, like many of these, they were data mined and really only worked until they were discovered and published. Second, selling in May works sometimes, in some years. Other times, June is a better month. In election years with the incumbent running, it doesn’t work at all. Overall since 1950, […]
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Date: May 8, 2024
Goldilocks Is In The House – And The Banks Are Loving It
Boy is it great to be home! Three trips piled into one long 8 days on the road. Nothing better than walking off the plane at midnight and being greeted by this sign in Hartford. A new week begins after last week ended with a bang. If Apple’s earnings and epic share buyback weren’t enough, the jobs report on Friday gave a Goldilocks gift of not too hot and not too cold. 175,000 new jobs were created versus the 240,000 […]
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Date: May 6, 2024
Individual Investors Just Don’t Like Feeding The Ducks
What a crazy volatile Fed afternoon on Wednesday. Massive rally and then huge decline as you can see below. My comment about buying weakness and selling strength was valid. On Thursday, markets were strongly higher and I heard pundits crying about today’s employment report being leaked. Those conspiracy theorists never cease to amaze me. When the president and Fed chair get caught off guard by an economic report two days hence, you know that any talk about leaks is nonsense. […]
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Date: May 3, 2024
