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Should You Sell or Hold Stock During a Takeover Bid?
Tweet Share on Facebook November 17, 2011 CommentA reader contacted me with an interesting question. He owns a stock that is subject to a takeover bid. The bid has caused a spike in the price. He wants to know if he should sell now or wait until after the takeover is complete.
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5 Retirement Killers to Avoid in Your 50s
Tweet Share on Facebook November 16, 2011 Comment (18)Even people who put off retirement planning for most of their career will think about the inevitable when they are in their 50s. Retirement is probably only a decade away by then. This is the time when the most pressure is felt to fund a comfortable retirement, even though most people’s earnings are probably at their peak. While you are figuring out a retirement plan, you should also take care to avoid some of the biggest retirement mistakes that many people make. Here are five planning errors that will seriously jeopardize your chances of a comfortable retirement.
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Raise My Interest Rates
Tweet Share on Facebook November 15, 2011 Comment (6)For the past several years the U. S. government, courtesy of Federal Reserve Chairman Ben Bernanke, has been stepping on interest rates. And if you have saved any money, you’re the one who is getting crushed.
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The 6 Best Places to Be a Snowbird
Tweet Share on Facebook November 14, 2011 Comment (8)On the East Coast, winter arrived early this year. And as we move closer to the official start of the snow season, many people are wondering where they could go to escape it.
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Deciding When to Take Social Security
Tweet Share on Facebook November 14, 2011 Comment (1)One of the biggest challenges of retirement planning is setting up adequate cash flow throughout your golden years. One way you can ensure that you will have a higher monthly income as you age is to hold off on taking Social Security. The longer you wait to claim your benefits, the higher your monthly income will be later. Here’s how to decide when to sign up for Social Security.
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Baby Boomer Retirement Plans Missing Crucial Piece
Tweet Share on Facebook November 11, 2011 Comment (3)Advice to prepare for a satisfying retirement typically focuses on the financial side of the equation. Carefully constructed formulas calculate a target amount you will need to save to draw against in retirement based on your expenses, investments, personal life style, and expected years to live. Without this financial security it will be challenging to live any kind of satisfying retirement.
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Why Investors Make Terrible Decisions
Tweet Share on Facebook November 10, 2011 Comment (1)There is much talk in the financial media about the market volatility that commenced in 2008. The markets experienced a very sharp downturn in 2008, and a remarkably quick recovery in the ensuing years. You would think that investors who relied on their brokers or advisers for advice during this period would have fared well. Market volatility should provide the perfect environment for investment pros who say they can time the markets.
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Reduce Driving to Save Money in Retirement
Tweet Share on Facebook November 10, 2011 CommentWe love driving in the United States. It’s great to cruise down to the beach or take a drive on the freeway. And many of us need to drive to work because of a lack of public transportation options. However, the cost of driving has been increasing quickly over the last few years, which is especially hard on retirees living on a fixed income.
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5 Ways to Quell Retirement Money Worries
Tweet Share on Facebook November 9, 2011 Comment (1)You spent decades trying to figure out how much to save for retirement while simultaneously trying to provide for your family and make more money. After decades of work, you finally reach your milestone of being able to retire. You notify your boss of the great news and pack your bags with a grin on your face.
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Finding Hope in Cancer
Tweet Share on Facebook November 4, 2011 Comment (2)Few words have a greater ability to upset our assumed place in the universe than cancer. That single word spoken by a doctor can put your life into a tailspin you are ill prepared to deal with. From that day forward, your life and the life of those close to you is forever changed.
