fbpx

Weekly Column

Betting on Political Races: My Penny-Ante Hobby May Soon Be Banned

Four years ago I confessed in a column that I was guilty of day trading. Except that, as a political junkie, I trade in election outcomes, not stocks. I have no interest in betting on anything else, including sports and equity markets. My speculative adventures have...

Will Taking Social Security Early Leave Retirement Income On The Table?

What’s the best age to start taking Social Security? That is a frequently asked question for financial advisors. It’s also, as any financial advisor will admit, completely unanswerable without significantly more information. Social Security is too inherently complex...

Building Wealth With Real Estate: A Look Back

There’s nothing like cleaning out your attic or a storage unit to offer a chance to reflect on your life. I’m currently “enjoying” this opportunity as I dig through boxes holding decades of accumulation. It takes a lot longer if you stop and ponder on the contents of...

How Do You Protect Your Finances From Yourself As You Age?

One of the saddest experiences for a financial advisor is watching an elderly client decline and, despite our best efforts, being unable to protect them from themselves. I wrote in 2007 about an elderly client who fired me when she was failing cognitively but still...