Focus on yourself and your retirement plan
Focus on yourself, that’s the best advice you can get when it comes to your retirement planning. It seems like the markets will be relatively stable in the short-term. Once the election and Covid-19 are settled, we will have a better sense for where they are heading. Now, that does not relieve you of your responsibility to know the environment. So, here are this week’s reads relating to the economy and markets.
Weighing the Week Ahead: What Did We Know and When Did We Know It?
S&P 500 Weekly Update: Reasons to Sell are Numerous, but the Long-Term Bullish Trend Trumps Them All
Can You Predict the Next Downturn?
This is What Could Cause the Stock Market to Collapse
When the U.S. Dollar Collapses, the Elites Will Try to Steal Your Money
Focus on making smart choices
Focus on yourself and keep making smart moves in your retirement planning. It’s never a bad time to review and assess your retirement savings and the investment choices you have made. Perhaps now you have some built-up gains worth harvesting, or need to rebalance your portfolio. Don’t forget to look at both qualified and non-qualified money, i.e. your 401(k) or 403(b) and your investment accounts. The work you do know will pay dividends, quite literally, later.
Income Investing
5 Dividend Aristocrats to Buy and 5 Dividend Aristocrats to Avoid
My Favorite Buys for $45,000 of Dividends in Any Market
Retirement: The Near-Perfect Portfolio Revisited
Exxon Mobil: A Textbook Example of Mean Reversion
The Market is Down, Our Income is Up
Investment Strategy
Sell, Sell, Sell: Why, When and How
The Math Behind Making $100,000 Each Year Selling Options
A Better Way to Look at Investing in Equities for Income
Buffett Anomaly and Moats
The Real Warren Buffett Anomaly, and How to Profit from It
Wide-Moat Stocks on Sale – The October 2020 Heat Map
It never hurts to revisit last week’s ideas:
Focus on building a strong foundation
Focus on yourself by building a strong foundation. Don’t be intimidated by retirement planning or investing, take the time to learn the fundamentals and seek the counsel of a reputable financial advisor. You will be happy you did both things, and your retirement will be better for it.
99% of People Don’t Follow These 4 Money Rules – And That Keeps Them in Poverty
How Sequence of Returns can Crash Your Client’s Retirement
Bankrate study: Seniors’ incomes in 47 states don’t go far enough