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.
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.
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).
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.Learn More
Quarterly reports are historical landmarks on how the economy is performing. April 1, July 1 and October 1st are important reports offered by all of the financial networks. Wow! And what a quarter!Learn More