Picture yourself in a boat lifted by the tide along with others but you know you have been putting off some needed repairs – it’s time to get busy, right?
Mortgage rates have risen above 7%, leaving many buyers feeling like a reasonable mortgage is out of reach. While current rates look high compared to the ultra-low rates of the past decade, they aren't outrageous from a historical perspective.
What happens when you start to feel afraid or greedy? Do you feel like taking your time and waiting to make your next move?
Does your current repayment plan fit your current financial picture? Are you a parent with a parent plus loan? Do you know the new options to consider so you can plan for a secure retirement? Have you married or divorced during the National Forbearance? How does this update impact you? Do you know if you will be taxed for any loan forgiveness? Do you know what happens if you miss your annual recertification date for your plan?
My trip to see my old Canadian friend Wendy, now living in Nice, France was so replenishing. The French have not over-hyped their foods, they have found that balance between looking and tasting delicious. The architecture and the landscape views were also a visual delight for me. She has achieved a wonderful balance between living her present dreams while planning for her future.
This bear market we are in has just roared. For those who turned the shake-up of the pandemic into making time for proactive planning, they should remain calm and reassured.
There’s no denying, bull markets are fun and sexy. The bear market’s attributes, on the other hand, are often overlooked.
Give yourself some credit and some slack – it is likely to catch on to those around you and you’ll be proud of what you inspired.
This surprise to the upside brought back to memory the old Public Enemy song “Don’t Believe the Hype”.
What lessons have we learned from the Great Recession and the sudden impact of the pandemic on our business plans and personal lives? We can fool ourselves into equating taking in information as action but if we do not implement the new knowledge into our behavior, we cannot expect to see much improvement.
When a vendor offers you the choice of Delivery or Curbside pick-up, what is the deciding factor on which you will choose? Usually time, right? If we want it faster than the stated delivery time, we will come to pick it up ourselves. Germany just commissioned its fifth ship, called Floating Regasification Units, to pick up liquefied natural gas from countries around the world 1 . It is perhaps feeling the urgency of time before...
Have you ever decided to prune back a beautiful bush or tree that you have enjoyed? It can be tough to judge how much to cut back because you want to help it and not hurt it. Well, it appears to me that is the difference in opinion roiling the markets right now with Fed Chair Powell. We experienced a modest pullback in inflation in July and the markets were elated with a nice run-up...