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Phillip E. Bollin, Certified Financial Planner™

Are Americans Facing a Retirement Crisis?

Are Americans Facing a Retirement Crisis?

By | Education, Investing Lessons, Retirement, Retirement Planning, Retirement Savings, Social Security | No Comments

Are Americans facing a retirement savings crisis?  The answer to that question depends on who you ask, and perhaps that individual’s prospects for retirement.  The Wall Street Journal recently asked two prominent economists if Americans were facing a retirement savings crisis.  Alicia Munnell, director of Boston College’s Center for Retirement Research and Andrew Biggs, resident scholar at the nonprofit American…

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Investors Can Learn a Lot from Farmers!

What Lessons Can Investors Learn from Farmers?

By | Financial Planning, Investing Lessons, Investment Returns, Passive Investing, Patience, Retirement Planning, Retirement Savings, Returns | No Comments

Spring is my favorite season of the year.  I suspect many of you feel the same way based on the amount of outdoor activity I have observed in recent days.  For me, spring means the start of the Major League Baseball season, hours of therapeutic and relaxing lawn care and landscaping activities, and the opportunity to watch my daughter Erin…

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Warren Buffett has declared himself the winner of the "Million-Dollar Bet."

Warren Buffett Declares Himself the Winner of the “Million-Dollar Bet”

By | Active Investing, Hedge Funds, Investing Lessons, Investment Returns, Passive Investing, Warren Buffett | No Comments

They do not call him the “Oracle of Omaha” for nothing; Warren Buffett knows a good bet when he sees one.  Nine years into a ten-year wager, now referred to as the “Million Dollar Bet,” Buffett has declared himself the winner. What exactly is the “Million-Dollar Bet?”  In 2007, Buffett engaged in a wager with asset management firm Protégé Partners…

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The Depart of Labor's Fiduciary Rule is likely to be delayed for at least 180 days from its planned April 10th implementation.

Department of Labor Fiduciary Rule Likely Delayed

By | Department of Labor, Fiduciary Rule, Fiduciary Standard | No Comments

The Trump administration has hit the ground running since taking office in late January, moving at a tempo more reminiscent of a nimble business rather than the plodding pace of past administrations.  One of the results of this swift action is that the Department of Labor Fiduciary Rule will likely be delayed from its anticipated April 10th implementation date. On…

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The Dow Jones Industrial Average reached 20,000 points.  So what?

Dow 20,000: What’s in a Number?

By | Dow Jones Industrial Average, Market Index, Stock Markets | No Comments

The Dow Jones Industrial Average (DJIA) reached a major milestone earlier this year when it finally surpassed the 20,000 hurdle.  The event was widely ballyhooed by investors and media outlets alike.  Almost immediately, articles and news stories questioning how much higher the index could go began to appear. Our local newspaper even went so far as to write an article…

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The Stretch IRA may soon be extinct if a proposed bill is signed into law.

Will the Stretch IRA be Extinct Soon?

By | Estate Planning, Inherited IRA, IRA, Stretch IRA | No Comments

A popular estate planning strategy utilized by affluent investors may soon be disappearing.    This past September, the Retirement Enhancement and Savings Act of 2016 passed in the Senate Finance Committee.  If signed into law in the future, this bill would kill the popular stretch IRA strategy that allows investors to pass along large IRA accounts to their children and grandchildren….

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The 'average' investor earned slightly more than 5% in their investment portfolio in 2016.

How Did the Average Investor Do in 2016?

By | Active Investing, Behavioral Finance, Investment Returns, Passive Investing, Real Returns, Stock Markets | No Comments

Openfolio, a company dedicated to providing information and transparency to investors, recently released some data about how investors performed in 2016.  Openfolio aggregates the performance data from over 70,000 subscribers who voluntarily and anonymously share their investment portfolio information with Openfolio.  The idea is that sharing data among its users should help them realize better investment performance.  We will discuss…

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Financial Considerations for a Donald Trump Presidency.

Financial Considerations for a Trump Presidency

By | Financial Planning, News and Events | No Comments

Donald Trump’s improbable victory in early November’s presidential election caught many people by surprise.  A Hillary Clinton victory looked almost certain if you believed most election polls and media outlets in the days leading up to the election, but as Tuesday night progressed a different story emerged.  As a Donald Trump presidency became more likely, a brief overnight market panic…

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Social Security recipients will see a very small increase in benefits in 2017.

Social Security Benefits Update

By | News and Events, Retirement Income, Social Security | No Comments

It is the classic case of “I have some good news and I have some bad news.  Which would you like to receive first?”  The good news for Social Security recipients is that there will be a cost-of-living adjustment (COLA) for the first time since 2015.  The bad news is that the COLA increase is a meager 0.3% for 2017….

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Why You Should Care About Real Rates of Return

Why You Should Care About Real Rates of Return

By | Interest Rates, Investment Returns, Real Returns, Returns | No Comments

Nominal interest rates are currently below zero in many countries, including Germany, Denmark, Switzerland,     Sweden, and Japan.  These levels have shattered the belief that zero is the lowest that interest rates can go.  While negative nominal rates are a relatively new phenomenon, historically speaking periods of widespread negative real returns across countries have been quite common. Those of us who…

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