Category Archives: Personal Cash Flow

Boomers could crush the stock market, because…

Boomers could crush the stock market, because…

Millions of Baby Boomers are retiring every year, and as they start taking funds from their retirement accounts, they’re forced to sell stocks to withdraw cash.

Basic economics tells us that, as the supply of stocks for sale on the markets increases, share prices are pressured downward. Supply and demand. As supply increases, with fixed demand, prices decrease.

That means stock markets could drop…possibly percipitously.

We are actually way overdue for a major correction.

This article from CNBC addresses what will be the key driver increasing Boomer stock sales going forward. The IRS REQUIRES them to begin taking qualified plan withdrawals when they reach age 70 and a half. The buik of Boomer are just reaching this threshhold. That will initiate a stock-selling surge.

* The article is a good read, but disregard the promotion of gold investing at the end.

The real answer to the stock market’s overdue correction – and all future corrections – is a Private Family Bank, where your money ONLY grows, never experiences a correction, and you can access it for any reason at any age.

You can learn all about WHAT a Private Family Bank is and HOW it works in the easy-read eBook, The Banker’s Secret to Permanent Family Wealth.

If you’ve already read the book, schedule a Private Family Bank consultation with me or Tony. We’ll show you exactly how a Private Family Bank would perform for you and your loved ones. And the consultation is free.

You should also consider our womb-to-tomb personal finance course, The SMART Wealth System Course. Attend our free webinar in the next couple days.

Five Pillars of Retirement Income

Five Pillars of Retirement Income

Financial advisor, Michael Kitces, says, “The modern retirement portfolio will really rely on four pillars for retirement income – interest, dividends, capital gains, and principal.” Most Americans can add Social Security as a 5th retirement income pillar, and in this article, we’ll examine these 5 post-employment income sources, their tax consequences, and how they might… Continue Reading

I thought it was just a fable, but it’s true!

We’ve all heard the Aesop Fable about the Tortoise and the Hare. A hare ridicules a slow-moving tortoise until the tortoise challenges the boastful rabbit to a race. The hare soon leaves the tortoise in the dust, and is so confident of winning, he stops to take a nap. However, when the hare awakes, he… Continue Reading

Your Best Life Is in Your Bubble

Your Best Life Is in Your Bubble

When it comes to your money…it’s not really about the money. I’ve been an entrepreneur for 4 decades, and a personal finance author and educator for more than 25 years. I’ve seen money, and the pursuit of it, from every angle. My conclusion: it’s not about the money. It’s about the life you want to… Continue Reading

Could You Use A Little Clarity

When you look at your bank account, you should feel good about what you see. If you don’t, chances are you’ve been following traditional and popular financial strategies that haven’t evolved with our economy. Just think about the past 10 years alone, and how much has changed in that short timeframe economically. Yet, the “personal… Continue Reading

How to Increase Your Income

If I asked any group of Americans if they believe their lives would be better if they could increase their income, probably 90+% would respond, “Yes!” But, in the reality of our full financial lives, it’s not just how much money we make. It’s how much money we end up with that determines our financial quality of… Continue Reading

4 Keys to Saving for College

4 Keys to Saving for College

Are you kidding me? Pay for college OR get married? Pay for college OR buy a house? Pay for college OR save for the future? These are actual choices forced on significant numbers of Americans these days. A college education is VERY expensive! Today’s American college graduates carry a combined student loan debt of nearly… Continue Reading

What is Wealth?

What is Wealth?

What comes to mind when you think about the word “wealth?” If you’re like most people, you probably think of things like yachts, fancy exotic cars, all kinds of bling and the like. And, if you’re like most people, you probably think that — wealth — is only for the wealthy. But, what if you… Continue Reading