Retirement Planning

Taxes, Life without Dan, 1st Quarter 2016 Performance 2

Taxes, Life without Dan, 1st Quarter 2016 Performance

Posted by on Apr 2, 2016 in Beginning Investing, Do it yourself investors (DIY), Passive Investment Strategy, Retirement Planning

What does grief, taxes, and the first quarter portfolio report have in common? Plenty. I discuss my challenge to do my taxes because Dan did our taxes, and to report how I am doing with life without Dan, and my portfolio first quarter report. I feel good that I completed my taxes with Turbo Tax–Dan would be proud.
I also am happy to report that my portfolio has regained all of the Year-to-Date loses and is up $30,000 YTD. Of course, this makes me feel good and helps with my grief of losing Dan five months ago. But what makes me the happiest is helping others through volunteer work and this blog. When I read what my friend Karen and her sister Therese did about with their finances, and the resulting contentment, security and peace of mind that they feel now, made me the happiest of all.

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L.A. Teachers: LAUSD’s Award Winning 457(b) Plan Presentation 2

L.A. Teachers: LAUSD’s Award Winning 457(b) Plan Presentation

Posted by on Mar 31, 2016 in Financial Education/Literacy, LAUSD Employees, Laymen to Laymen Financial Information, PreK-12 Educators, Retirement Planning

The first 100 Retirement Investment Workshop participants will get a complimentary paperback copy of Fighting Powerful Interests! (You can also get my free book right now on this blog as an eBook).
To register for the Saturday, April 16th workshop at UTLA headquarters, call Evy Vaughn, UTLA Conference Secretary (213) 487 5560 or register online by clicking “Learn More” below.

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Welcome UTLA Members! 0

Welcome UTLA Members!

Posted by on Feb 26, 2016 in LAUSD Employees, PreK-12 Educators, Retirement Planning

Hi UTLA Members!
My name is Steve Schullo, and I assume you are here because of my ad in the United Teacher newspaper (If not, that’s okay too). I am very excited you took the time and effort to come here. My blog is a topic that is rarely talked about in our educational circles: retirement planning using the district’s 403(b) and the newer 457(b).

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How did a 37% stock/63% bond Portfolio Perform During January’s Crash, Volatility and Rebound? 0

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

Posted by on Jan 31, 2016 in Beginning Investing, Laymen to Laymen Financial Information, Passive Investment Strategy, Retirement Planning

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 nauseum, that the stock market was volatile, wondering if this was a start of a major and long lasting crash. Oil prices sank to ten-year lows, China’s economy stalled and everyone watched what the Federal Reserve was going to 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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