JULY 2019'S ARTICLES OF INTEREST
Investors Find Ways to Play a Fed Rate Cut
July 31, 2019
The Federal Reserve rate cut is prompting investors and financial advisers to reposition portfolios, including buying stocks, in order to yield more income. Fed officials lowered their benchmark rate on Wednesday by a quarter percentage point from its previous range between 2.25% and 2.5%. For some investors and money managers, the shift has felt abrupt.
Retirees Are Leaving Trillions of Social Security Dollars On the Table
July 18, 2019
United Income, a financial planning advisory service, just released an important study called, “The Retirement Solution Hiding In Plain Sight.” Using government data and proprietary software, it calculates how much money retirees have lost, and are losing, by making mistakes about when to start claiming Social Security benefits. United Income’s answer: a whopping $3.4 trillion or $111,000 per household!
The Rolling Stones Know What You Need: An Annuity
July 01, 2019
So it’s come to this: surgery, deferred annuities and rock ’n’ roll. The Rolling Stones, the bad boys of rock in the 1960s and ’70s, are showing their age. In April, the band postponed the start of its North American tour so that Mick Jagger could have surgery, reportedly to replace a damaged heart valve. Now, he is prancing onstage again, and the band’s three-month tour is off to a rollicking start. I’d like to believe that the Stones are as ageless as Peter Pan.