“Something big is happening in the gold market right now,” declares the author of today’s article, who notes that gold purchases by central banks last year were at their highest level since Richard Nixon formally brought an end to the gold standard in 1971 and that purchases in the fourth quarter were the highest on record. After four straight months…
This retirement strategy is on the rise – and it also has a fancy name: geo-arbitrage. With geo-arbitrage, individuals accumulate retirement income in the U.S. and then relocate to locations around the globe with a lower cost of living. Noting that “it’s a big world, and every country poses unique opportunities and complications”, today’s article outlines “five practical questions” for…
“The Achilles’ heel of any dividend-stock strategy is that a high-dividend company’s dividend yield comes down not because its price rises but because the company cuts its dividend,” notes the author of today’s article. He proceeds to highlight a potentially better way of picking dividend stocks than focusing on yield alone – an approach utilized by the best-performing dividend stock…
When it comes to managing one’s monthly cashflow, how does a behavioral scientist go about doing it? Today’s article outlines the monthly cashflow optimization system of one behavioral scientist – one that he has refined over many years to “maximize [his] happiness per hour spent thinking about money.” For more – including why he only budgets for “boulders”, why he…
The author of today’s article advises that “when it comes to selecting investments for each part of your portfolio, you can really skinny things down by focusing on investments that provide a lot of diversification in a single shot.” She proceeds to highlight a number of funds that both retirement accumulators and those who are already in retirement could consider…
Stocks? Bonds? Exchange-traded funds? Mutual funds? Annuities? Unit investment trusts? Real estate? Given the wide range of options available when choosing investments for an Individual Retirement Account (today’s article notes you can invest in “almost anything” with an IRA), the critical question is what to select. For some insights on this question, taking into consideration how far you are from…
The author of today’s article describes it as “the one surefire way to retire rich”: harnessing the power of compounding. Or, to be more specific, harnessing the power of compounding using dividend stocks – and amassing a multi-million dollar nest egg in the process. What does the author outline as some of the best strategies in this regard? For more…
“Although dividend stocks are a mainstay of a retirement portfolio, they are not the only stocks you should have,” advises the author of today’s article, who proceeds to highlight three stocks offering income and growth to consider for retirement. For these three stocks, as well as the author’s advice regarding the right amount of portfolio diversification in retirement and his…
Think you need $1 million to retire? The author of today’s article calls that belief the “million-dollar myth” – and shows how, using a “4-pack” of closed-end funds with an average dividend of 8.5%, you can retire on less than half that amount. For the four funds in question – and what the author sees as a big reason for…
Despite being very conservative and diversified, the author of today’s article’s retirement portfolio did slightly worse than the Dow last year, with every single one of his holdings (other than cash) posting a loss – his worst return since 2008. Having lost 10% of his net worth, and believing that 2019 could be even worse for the markets than 2018,…