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Month: July 2021

Develop personal rules to better control your portfolio

September 6, 2021 by admin

Simplifying your finances isn’t so simple. That was clear from the response I got to a recent column on cleaning up a portfolio, consolidating accounts, getting rid of extraneous dribs and drabs of money and clearing out the clutter. And I got that big response without ever going into the nitty gritty of investment performance, …

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Don’t let the market’s cruel days of summer get to you

July 28, 2021 by admin

On Monday [July 19], the stock market had its worst day thus far this year. The Dow Jones Industrial Average lost roughly 725 points, 2.1 percent, its biggest one-day loss since late October 2020. The Standard & Poor’s 500 lost 1.6 percent for the day; the Nasdaq Composite Index declined about 1.1 percent. It felt …

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Simplifying your financial life has real benefits

July 21, 2021 by admin

Searching for something on my desk and actually finding it can be two very different exercises in my life. Last week, while seeking something I needed, I instead came across a small stack of paperwork that I had put off for a couple of years. It was forms a brokerage firm had sent me when …

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Plot a course to outlive your savings

July 9, 2021 by admin

I recently reconnected with Dave, a former colleague who lost his job as the economy was reopening from the pandemic. He’s actually a few years younger than I am, but doesn’t think he can get another job that he’d enjoy in his field, nor does he want a job that forces him to commute and …

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