CNBC has an interesting post urging pre-retirees to keep stock market volatility in perspective: https://tinyurl.com/yxvf3ae8
The Bernhardt Way
By Jeff Bernier
My family lived in South Georgia when I was in high school, about 40 miles from Florida. Just over the state line, in Monticello, the Jefferson Kennel Racetrack held live greyhound races almost every night.
Everybody wants to know ways to save money. Finding “life hacks”, searching through the couch cushions, you know the drill.
Here are some simple skills that you can learn to save some money in the long run so you can stop spending and start saving.
1. Learn to Sew
Today, your daughter/ son is just little. Taking their first steps, saying their first words. Next, they’re learning how to ride a bike without training wheels, and then before you know it, they’ll be getting their first job, opening their first checking account, going off to college, and then getting tossed into the real world.
In Drive: The Surprising Truth About What Motivates Us, bestselling author Daniel Pink presents some of the most compelling and useful research in the field of in human motivation. One section, “The Good Life,” is particularly enlightening in regard to how we as individuals establish and pursue our life goals. Pink makes the point, and science confirms, “Satisfaction depends not merely on having goals, but on having the right goals.”
By: Jay Pluimer, AIF®, CIMA®
We were happy to see 2018 end on an uptick for the stock market after the return of volatility and some harsh reminders about negative returns. The fourth quarter had down months in both October and December, resulting in all of the major equity markets reaching “correction” territory which is defined as a return of negative 10%. We also saw other parts of the market reach a “bear market” which is defined as a negative return of 20%. It is important to note that market corrections are normal, expected, and factored into the long-term plans we design for clients. However, that knowledge doesn’t make it any easier to handle headlines about record market drops or concerns about what might happen next.