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The Latest from the Late Bloomer Millionaires

Senior’s Financial Conversation, part 3

Posted by Steve Schullo, PhD on Feb 1, 2016

You have read this incredible story. What can we learn?

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How did a 37% stock/63% bond Portfolio Perform During January’s Crash, Volatility and Rebound?

How did a 37% stock/63% bond Portfolio Perform During January’s Crash, Volatility and Rebound?

Posted by Steve Schullo, PhD on Jan 31, 2016

In this post, I share in detail my Morningstar printouts at each of the four weeks in January, 2016. You can see first hand how volatile even my conservative portfolio can get. The news reported, ad nausea, that the stock market was volatile wondering if this is a start of a major and long lasting crash. Oil prices sank at ten-year lows, China’s economy stalled and everyone watched what the Federal Reserve will do next with interests rates. When oil prices rebounded from $28 per barrel, and Japan’s central bank lowered their interest rates with some folks saying that our Federal Reserve might ease our rate increases from 2 times this year instead of 4, by the end of January all the major stock and bond markets came roaring back. This recovery made a $50,000 loss in mid-January into a $20,000 loss by the end of January.

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Senior’s Financial Conversation, part 2

Posted by Steve Schullo, PhD on Jan 31, 2016

Part 2. Retired couples must have a financial conversation, ending with a plan in place before any health issues happen.

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