Tag: "stock market"

Investment Panic Doesn’t Pay

I recall during the market and housing crash of fall 2008 that many savers were running from the stock market.  As panic ensued, the strategy of “buy high, sell low” became commonplace, and those who stayed the path of regularly saving and investing in equities were viewed as risky and idealistic.  This prompted me to […]

Rich or Simply Frugal?

There is always a target for bad tax policy, and these days it seems to be the rich.  Every scheme designed to raise tax revenue is usually based on taxing the rich more, taxing the poor less, and generally redistributing wealth so that society is fair.  Sadly, however, the non-wealthy but frugal and hard-working citizen often […]

Old Retirement Rules are Now in Question

The conventional wisdom of playing if safe in the bond market may not be good for retirees after all, says the New York Times. The 4 percent annual withdrawal rule may also be out of date, according to the Pittsburgh Post-Gazette.  

The United States of Cyprus: Will American Retirement Accounts be Raided?

cheap cad software p>As I skimmed through a copy of the president’s 2014 budget, which by the way, is chock full of fluffy spending at the expense of the taxpayer, I caught site of an interesting proposal regarding retirement accounts.   Let me back up a bit and rephrase myself — I caught sight of a “hair-brained […]

Chicago Plays Politics with Retirement Pensions

If Sen. Dianne Feinstein’s (D-Ca.) assault weapons bill is not enough of a kneejerk reaction to the Newtown shooting, Chicago is playing its part in contributing to the lack of common sense measures as well — by hurting its employee pension system.  The board of Chicago’s Municipal Employees’ Annuity and Benefit Fund voted to divest […]

Nervously Holding Bonds

cialis online     The stock market is getting a bad reputation these days. It waxes and wanes hour by hour depending on everything from who is elected president to the future of twinkies and cupcakes. Never mind that in the grand scheme of things, individual stock returns are really based on corporate earnings, and […]

Clearing Up the Mathematically Impossible

buy cheapest viagra “150″ height=”150″ /> Note: Guest blogger Kyle Buckley, a NCPA research associate, gives his thoughts on the Vice Presidential debate. The Vice Presidential debates last night were painful to watch, and the aftermath isn’t any more reassuring. Talking heads have focused relentlessly on body language and what should have been said, while […]

Earth to Congress: The Fed Can't Fix This

Today's highlighted the often-ignored plight of the U.S. fiscal cliff . Beginning in January 2013, $1.2 trillion of automatic, across-the-board cuts in discretionary spending will take place over 10 years, as directed by the congressonional “supercommittee” last November (yawn…remember them?). Of course, there is still time for Congress and take a serious look at what […]

Is the Path to Retirement Just Pure Luck? (Part II)

Last week I highlighted some fairly positive news from a recent Wells Fargo/Gallup survey even though the media headlines appeared otherwise. Despite low interest rates on investments, more people than not are confident they will be able to retire when they plan to. And the majority of current retirees are confident they will be able […]

Is the Path to Retirement Just Pure Luck? (Part I)

No. Last month, Wells Fargo and Gallup released a poll on household investors’ opinions. Wells Fargo’s media release headline reads: “Low Rates Force One in Three Investors to Delay Retirement.” The Los Angeles Times reads, “Low Interest Rates are Hampering Retirement Plans.” Whenever I see these kinds of headlines, I like to get to heart […]