Who has my personal data? It turns out everyone. Read on to see why this is not cool, and steps you can take to protect yourself. This morning, I was reading the Daily Upside, and the first story was: Good morning. The phone companies were sharing our data?! Get outta town. On Monday, the Federal […]
Who Has My Personal Data? Read More »
Should I buy an Annuity? Good question. Annuities are complex financial products. In this post, we’ll try and explain what an annuity is, some of the variations, and why an investor may want to consider one. Insurance An annuity is an insurance product. Much of what we talk about on finance-abcs.com is related to investments
Should I Buy An Annuity? Read More »
As investors, we put our capital to work by buying securities in the expectation that they will increase in value over long periods of time. In order to assess our progress, and the wisdom of our choices, we need to measure our performance. This is easier than you may think. Read on for some suggestions
Measuring Security Performance Read More »
Reflecting on some of my investments, it has occurred to me that investing success is as much about avoiding disaster as it is about picking winners. Let’s look at some examples. My Biggest Loser I have 6 companies in which I’ve invested that have dropped in value over 80%. Ouch!! Think about that. Let’s say
Investing Success – Avoid Disaster Read More »
Odd title for an article, but important for us as investors. We all make buy and sell decisions. Hopefully we do this infrequently and with a strong thesis, but we make decisions. We want to feel confident that we are making good decisions. After all, this is our hard-earned money at stake. I mentioned in
Being Right Takes Time Read More »
Earlier this week, I posted some info on social security planning. This is a follow-up to answer a reader’s question about the impacts of delaying social security benefits until 67, and drawing down his 401k instead to cover living expenses. See original post with comments here. An Important Note About Projections The projections here are
Social Security – Now or Wait? A Follow-Up Read More »
This morning, CNBC Reported that Nvidia is in correction territory. Read here. Nvidia, ticker: NVDA, has been in the news quite a bit lately. It’s one of the “magnificent 7” stocks that has had a tremendous run-up. Does this mean that run is over? It’s in correction territory, do I buy more, have investors lost
Is NVIDIA On Sale? Read More »
For all my friends who are either close to, or in retirement, this is a common topic of discussion. While social security alone will not likely be enough to fund our retirement, the monthly check from the government may be an important piece of our retirement strategy. What is Social Security? The US government instituted
When Should I Take Social Security? Read More »
I had lunch with Tony on Wednesday. Our usual spot, BYOB and mounds of good food for reasonable prices. We split a salad and an entree for about $30. Wednesday’s topic was customer service. Tony has been helping his son with shopping for a new vehicle. He’s been dealing with insurance companies on the old
Customer Service Stinks Read More »
It’s easy for us to get stuck on a price for something. We get it in our head, and we never want to pay more than that price, because that is what it’s worth. With inflation running rampant, my wife has a price in her head for eggs, bacon, her favorite bottle of wine, and
The Dangers of Anchoring on Price Read More »