Why you need to Trust and Verify is a slight variation to what former President Ronald Reagan said, “Trust BUT verify.” This was, of course, during the Cold War. The BUT that he mentions was directed at the Soviet Union, now known as Russia. It is hard to fathom any communications that has the words… Continue Reading: Why You Need to Trust AND Verify Online Financial Advice
Here are 5 Easy Reasons for a Pending Economic Slowdown. 1)Trade Wars At the top of the list is the current trade wars. Frankly, it is hard to keep up. So far, President Trump has signed 93 Executive Orders and counting. If he signs 7 more by April 29, 2025, he will have averaged one… Continue Reading: 5 Easy Reasons for a Pending Economic Slowdown
1) It Has Been a Heck of a Run Many Average Joe’s have done well in the markets for an extended period. From the market low in 2009, the Standard & Poor’s 500 Index (S&P 500 Index) has averaged over a 15% annual return. 1) Even if you do not use the starting point of… Continue Reading: 3 Easy Reasons You Need a Financial Lifeboat Drill
Winter is coming up on the calendar, just like it does every year. The squirrels will be gathering their nuts and the Snow Birds will be heading south. In New England, some winters are harsher than others. Through the years, I have definitely become a fan of mild winters. Weather wise, as we say a… Continue Reading: It Is Easy to See, Winter Is Coming
Some have called this the Waiting for Godot Recession. Waiting for Godot was a play that came out in the early 1950’s. It was voted the most significant English-language play of the 20th century. 1) The two main characters banter back and forth and have various encounters while waiting for Godot. The recession we are… Continue Reading: 6 Black Swans Easy to See
Investors can easily get distracted these days. Hop in the car on the way to work, turn on the radio and get updates on the stock market futures. Check your online portfolio at work during your lunch break. Perhaps you even check it several times a day when you should be working. Stop off after… Continue Reading: 4 Things Every Investor Can Control
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA The Hunger Games was a bestselling novel that was subsequently made into a movie. Both were awesome. The setting is one where the Capital is abundant in riches. The outlying 12 Districts are all living in poverty. Every year there… Continue Reading: May The Odds Be Ever In Your Favor
Everyone ‘knows’ and is constantly talking about the next Recession, if we are not already in it already. What is a Recession? The textbook definition of a Recession is when the Gross Domestic Product (GDP) contracts for two straight quarters. For the first quarter of 2022 the GDP contracted 1.6 %, for the second quarter… Continue Reading: 6 Easy Ways to Navigate a Recession
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Don’t you just love it when a Major League athlete signs a huge contract with a new team and says, “It’s not about the money.” Bull Just to be clear: It’s always about the money! Don’t get me wrong I… Continue Reading: “It’s Not About the Money”
This article on savings during retirement is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA My daughter attended the University of New Hampshire. Here are 3 ways she contributed to her college education. 1) Stafford Loans She has taken out Stafford Loans. She was able to borrow $5,500 her freshmen year… Continue Reading: 3 Ways My Daughter Financially Contributed to her College Education