Tag Archives: Alan Greenspan

Holiday Push

With Thanksgiving behind us we are into the Holiday Push. Hopefully you are closing deals at work. Holiday shopping is in full swing. You simply do not have time for this retirement stuff. Our regular readers know there is no time like the present to enhance your retirement. With the incoming Trump administration caution is likely the best watchword.

Holiday Push: Always keep doing the right things.
Doing the right things always start with watch your fees. How an extra 1pc investment fee will cost you 16 years of retirement income (don’t be fooled by the UK spin here, the math is the same!)
If you are a small business owner, a large business decision maker, or an employee interested in helping yourself and your fellow employees, consider this. Get Your 401(k) Fees Down Because Your Employees Deserve Better
In the spirit of the season, I’ll give you a contrarian position on fees, too … that is, sometimes active managers actually do earn their fees. Royce Special Equity Fund Earning It’s Fees
If you are in the income phase – retired already – then be sure you are generating income. You will find some interesting thoughts on that in these pieces: Despite Mistakes, a Dividend Growth Investor Retires Early, Part 1 Despite Mistakes, a Dividend Growth Investor Retires Early, Part 2 Good Grief, Don’t Jump Off This Dividend Machine High-Dividend Stock Yields 9%, Pays Monthly, 4 Dividend Hikes in 2016, More in 2017
This one is really interesting, if for no other reason than to understand how convoluted the oil and gas industry has become. Sunoco LP: a 15.2% Yield with Significant Upside

Holiday Push: In December we will ease off retirement focus and give you other valuable leads.
Stay alert, particularly during the holidays, to nefarious doings on your phone. What is spyware? How secret programs can see into your iPhone and record your calls
About that Taiwan phone call … what’s up? Donald Trump is aggressively provoking China. What is he thinking?
Do you realize that yesterday a milestone anniversary passed quietly by your door? Is it time to revisit the thinking behind the words? 20 Years Later, Greenspan’s “Irrational Exuberance” Has Become Even More Irrational

Become more well rounded

You have to be odd to be number one” — Dr. Seuss

Global Economy:
Alan Greenspan has lost some of his luster since largely leaving the public eye. Still, it is never a bad idea to hear what he has to say. Aside from the seemingly preposterous suggestions, (riots in the streets?) there are some good points. Gossip in the Workplace Could Signal Larger Problems
On the flip side, I offer the perspective that a strengthening Dollar is causing global liquidity tightening, imperiling emerging markets, including China. “Ignore This Measure of Global Liquidity at Your Own Peril”, Albert Edwards Warns

Retirement:
With all my focus on fees and income, you may wonder what the goal is for retirement savings. This may help. You won’t be able to calculate how much money you’ll need for retirement without knowing these six answers
Another way of looking at the same problem, how much to save? How Much of Your Income Should You Save?

Travel:
I am sold on this, effectively sight unseen, because of the age old conundrum around garment bags being yet another, big checked item. Fellas, This Bag Will Make Traveling with a Suit So Much Easier
Travel internationally with good mapping capability, and don’t crush your data budget with this new app. Nokia HERE Maps for iPhone is out: Here’s why you want it
If you are not so concerned about your data, you may want to have a look at these apps, too. 8 Travel Apps That Work Better Than a Guidebook

Weekly Diversions:
Dig these gems up on Netflix, Amazon or PPV. Worthwhile 2014 Movies You May Have (Actually) Missed
I found this to be both mesmerizing and unnerving. A visualization of an asteroid’s path of orbit which nearly collided with the Earth and Moon in 2003
This one takes a commitment, but if you liked “The Imitation Game” it may be worth the effort. The Man Who Tried to Redeem the World with Logic