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.
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!
Dr. Bernstein starts with a simple three-fund portfolio. The Total Stock Market Index, Total International Stock Market Index, and the Total Bond Market Index are spot-on for those who already have the basics of a diversified investment solution.
White Coat Investor by James Dahle, MD Reviewed by Steve Have you ever vacillated about reading a book because you weren’t the author’s targeted audience? Dr. Dahle’s fine book’s is aimed towards MDs and other ultra-high earning professionals (Attorneys, Dentists, CPAs, and Engineers). Still, there are four reasons I read this book, gave it five …
What a month! In the wake of the broad equity stock markets blowing up, Dan and I are excited to present our new website. After 2.5 years, it was time to upgrade our web presence from a blog to a website. All of our past articles are still available.
Financial insecurity is a reality for many Americans. 56% of people say they look favorably on their finances, yet 57% feel they are unprepared for a financial emergency. 50% would claim to be financially secure.
This Pie Chart is our Diversified Portfolio as of June 30, 2015 (Click directly on the Pie Chart to Enlarge it) An Experiential Insight Into Bonds: Maturity (long-term vs short-term) horizon, government vs. corporate, highly rated vs lower rated (risk of getting your money back) and their place in the portfolio. What are the riskiest bonds? …
Happy Belated 4th of July! How did your retirement investment portfolio perform at the half-way mark of 2015? After years of 24/7 chatter about interest rates, the Federal Reserve Board announced that it will raise interest rates by the end of the year. They haven’t yet, but the mere prospect of higher interest rates hit our bond …
A Review for the Millennial Generation who Seek Financial Freedom: Mr. Money Mustache and White Coat Investor Have you ever thought of managing your own money without an expensive financial adviser? Or just needed somebody you can trust not to rip you off with commissions, and high advisory fees? If you have followed our blog here, that’s precisely what …
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