An article about the importance and best practices in rebalancing an investment portfolio.

Scams are rampant - but we can all do something to prepare and respond.

1965 Volkswagen Type 2 Microbus by Cars Down Under via CC Introduced in 1950, the VW “Type 2” microbus played a big role in the countercultural landscape of the 1960s. While not quite as dominant as the Type 1 – the VW Bug - it was a huge success for VW and spawned a slew of competitors. Arlo Guthrie and Bruce Springsteen included it in their songs, and Steve Jobs reportedly sold his bus to fund Apple. 2022 Volkswagen ID.Buzz via Wikimedia Commons After many half-hearted trie

Today, one of the major rating agencies downgraded the United States of America as a debtor, from AAA to AA+. This is the second major downgrade of US debt. As an -, and political citizen of this country, I am troubled. I am sure you are too. So, I have a few things to say about this. Let us first understand why we all just saw our collective credit score lose a few points. Fitch (the ratings agency) was quite explicit about it. Three reasons: · The expected deteriora

You are not alone. I have received emails from clients wondering the same thing, and for good reason. Source: 3 Failed Banks This Year Were Bigger Than 25 That Crumbled in 2008 , NYT To date, American bank failures have exceeded the failures of 2008. <LINK> Silicon Valley, Signature and First Republic Banks have all failed in quick succession. However, unlike in that year, the financial markets have remained calm, even as the government has stepped in to protect depositors. B

Usain Bolt, was listed at 6’ 5” tall and weighed 205lbs. Eliud Kipchoge, the marathoner was 5’ 6” tall and 115lbs. Two men, the most accomplished at their respective distances, cut remarkably different figures. Through a lifetime of training and their sports’ relentless Darwinian selection, each is a highly specialized human, almost designed for their racing distance. Although both are runners, their races are entirely different sports - different muscle fibers, different ene

This is another post on the theme that the tax code is the biggest source of financial returns. Let's talk about Custodial Roth IRAs . They are easy to open and manage. To have one, your child (or grandchild, niece, nephew or other child you care about) needs to have earned income. However, you, as the adult, need to open the account as custodian. When they turn 18 (or 21 in some states), you hand it off to them. Obviously, to earn money, they need to be old enough to reason

Nothing . That's all. Learn to do nothing. For a long, long time. The Corporate Leaders Trust Fund (now operating under Voya LEXCX ) was set up in 1935. The founders bought thirty of the largest companies at the time, and then did one amazing thing - they prohibited any changes to the portfolio . That's right. Eighty seven years of doing nothing. Since then, they have beaten 99% of their more actively managed peers and have beaten the S&P 500 over the past forty years . Ast

The same day I read of Bruce Willis' recent di agnosis of dementia, I heard an NPR segment that mentioned that financial trouble can often be the first symptoms of the disease's onset. If you, like my wife and I, have aging parents in their seventies and eighties, and haven't given this much thought, now is a good time. A 2020 study of Medicare beneficiaries showed that financial troubles - like missed payments and drops in credit rating - showed up almost six years before a