Retirement

April Stock Market Thoughts

Have you heard about Coronavirus yet? If not, you must be living in a remote Forest without a cell phone. Let’s try to forget the last few months look forward to April. Business industry is being shut down more and more each day.

March 2020 Financial and Goals Results

March is over but upcoming months may not be any better. WOW, we are living in a wild time right now. I know our boys should remember this the rest of their lives. March again wasn’t a fun month if you have money in the Stock Market or in Digital Currency. As you know the Coronavirus is growing and it hurting people, businesses and our economy. For us we may not like seeing the stock market numbers but we know we are in for the long haul and we feel the stock market will come back sometime down the road and be even stronger than it was.

No Loans to Family or Friends

Most people probably would say they love and care for their family and friends. Myself I like to solve problems because I don’t like to see anyone suffer. Especially when it is my family or friends. It normally has felt good when I could help them out with loaning people money but then normally those feelings go away and new feelings of pain seem to set in.

Emergency Fund 6 Months of Your Total Expenses

Many people do not have enough money in their bank accounts to pay for a $1,000 car repair bill. I have worked with and talked with so many people that had less than $100 in their checking and savings account. Many had no retirement savings either. I have heard that one out of four people have no emergency savings fund.

Social Security Start at age 70

Everyone has different situations that can affect when they choose to start taking Social Security payments. Some of my friends started at age 62 and some waited till age 70. For your situation it would be good to visit with your Financial Planner and your local Social Security Office.

February Stock Market Thoughts

We had another record Net Worth month even with everything going on in this world. There is a lot of negative news right now that could for sure be affecting the stock market. With the Trump Impeachment case going on right now to the Coronavirus outbreak. Now the CDC said they confirmed Friday a second US case of the deadly Coronavirus.

January Stock Market Outlook

December felt like a roller coaster for me this last month but when the month ended, we were up a lot for the month and over a year ago. I don’t quite know how after selling some stock and with all the negative political news on TV again in December.

2019 Financial and Goals Results

What a wild ride of a year we had but it was a fun year. When I look back it is hard to believe we stuffed so much in to it. We had a lot of visitors to our house and we visited them in the summer. We lived life to the fullest and isn’t that what life is for.