Category Archives: Brexit

Independence Day

Independence Day, July 4, is broadly celebrated here in the US, and what better time to consider where you stand with respect to your retirement prospects. Take some quiet time this long weekend to pull together your entire retirement portfolio. Think about it as a balance sheet and income statement for yourself. What are your assets? What are your liabilities? What does/can your monthly income and expenses look like given that? Once you have done this, you can project how it might look in different scenarios, increased savings, market downturns, etc. I encourage everyone to do it. As we launch into the Independence Day long weekend, we share some of our best finds on the internet below.

Independence Day: Strengthening your retirement prospects.
This article is a little long winded, but it does make several interesting points and hones down to a proposal. How does your investment mix compare? The Simple Retirement Portfolio that Spanked the S&P 500
This portfolio is way simpler than the last, simple one. Not only that, it keeps the focus on dividends. 4 Stock Retirement Portfolio with 6.0% Yields and 100% Upside
We are always on the lookout for well performing dividend opportunities, this may be one. Outperforming Unique High Dividend Stock Yields 10%, with Estimates Rising
With so much of our focus on fees, this is a welcome war in the investment space. Fidelity Takes on Vanguard in the Fund Fee Wars, and Investors Win

Independence Day: What’s happening with the global economy?
The global central banks have used a steady diet of easy money to pave the way out of the 2008 downturn. Are we really in a better place now? How was our return on investment? What do they have left if things turn truly sour? “The Global Economy Can No Longer Rely on Debt” – BIS Warns Central Bank Actions “Have Started to Backfire”
Then there is Brexit … big deal or not? anomaly or not? Have a look here. Is Brexit the First of Many Dominoes? A Few Charts
Just in case you thought you were ill prepared, this dismal review of US savings should make you understand just how bad we are at this … the fact that you are looking and trying definitely sets you apart. These statistics about American’s savings habits are staggering

Independence Day
This seems like the perfect time to consider this great infographic. See the Exact Moment the World’s Biggest Cities Were Born

Geopolitics

Two days on from the historic vote, start considering the Brexit impacts on global geopolitics. This week has been an embarrassment of riches, with the Brexit, House Republicans tax proposal, and much more.

Geopolitics: The most important story of the week, Britain’s Brexit vote.
Here is a great collection of subject matter experts giving their prognostication on the geopolitics landscape in five years. The surprising quasi-common theme is a still smaller EU and a smaller UK, too. How Brexit Will Change the World
This is a freestanding take on the Brexit impacts, painting David Cameron as the bad guy in all this. Sure seems like Scotland and Northern Ireland are ‘in play’ now and likely to switch teams. David Cameron could go down in history as the man who lost Europe, Scotland and Northern Ireland
Inasmuch as we like to focus on your retirement and relevant investing ideas, Brexit may present a golden, short term opportunity. The Brexit Vote is a Buying Opportunity – Here’s Why

There was more consequential news this week.
House Republicans released their long awaited tax reform plan on Friday, purposely in the shadow of Brexit? Regardless, they threw in some surprises, and it is worth considering because, forget what presidential candidates say, their plan is most likely the foundation for anything that might actually happen. The Surprising Evolution of House Republicans on Taxes

Geopolitics aside, life goes on, consider this:
Say what you will about self-driving cars, it appears they are only accelerating (pun intended). This article puts it into perspective. The last driver license holder