When we turn on the TV and listen to the news (or worse the financial news), we are bombarded with dire warnings and stories that show how the world is crumbling. These stories include: The virus has changed life forever, yet people are not wearing masks or taking the virus seriously. The virus has accelerated the decline…
I RECENTLY discussed retirement plans with my old college roommate, Joe, who now runs his own business. As we wrapped up the conversation, Joe asked if I had any book recommendations. I told him I was about to start Good to Great, the management book by Jim Collins. It’s been a huge bestseller, with four million copies…
Two weeks ago, I wrote a piece for MilitaryMoneyMatters.org (https://militarymoneymatters.org/2020/03/28/top-9-tsp-moves-in-turbulent-times/) about how to handle the Thrift Saving Plan. The advice applies to government employees, but it is also relevant for American investors writ-large. Since the time I wrote that piece, the market has roared back (though not anywhere near it’s February high); I imagine this…
The only thing that the military loves more than acronyms is changing uniforms and retirement options. DoD has had three,* arguably four (if you count Redux), different retirement systems. Those who enlisted prior to January 1, 2018 fall under the Legacy Retirement System (commonly known as High 3). I’ve previously detailed the intersection with Survivor…
7 days of stock market panic. Whether it was due to the market being overbought, the possibility of a socialist becoming president, that Coronavirus is going to cause a pandemic that will potentially eradicate a large portion of the world’s population (and/or possibly cause a recession), it should not change how you invest. I don’t…
The following article was published on HumbleDollar.com, which is an excellent website run by a giant in the personal finance journalism space, Jonathan Clements. I have a few upcoming pieces that will appear on HumbleDollar (and will republish them here after receiving Jonathan’s permission). The first two articles both deal with index funds and are…
