Several years ago, a friend called me “book-ish” – which felt like an insult at the time. It may have been said both in trust and in jest, and I may have also given the strong reaction that they were hoping to get – but...
I want to state, here at the outset and for the record, that the TV show Friends is the most overrated show of all time. But I am borrowing from that sorry show to craft the title of this blog, as each episode is titled with the...
I can’t think of many good things to say about the high rate of inflation we’re currently experiencing in our economy. That’s why on Monday, when the Department of the Treasury announced that Series I savings bonds are now paying an annual rate of 9.62%...
Four weeks ago, I argued that the correction the stock market experienced earlier this year was entirely normal. What that brief omitted was any real discussion of the bond market which, as you may have heard, is having its own problems. The instigator of most...
"People Who Hate Retirement—and What the Rest of Us Can Learn From Them." That was the title of an article from Monday's print edition of the Wall Street Journal—a title so click-baity that I actually tried to click the physical paper as I held it in...
Legislation nicknamed the “Secure Act 2.0” made its way through the House of Representatives last week and was sent to the Senate, where it also has bipartisan support. This bill originally was introduced back in October 2020, so it’s been around for a while on...
Today's Friday Brief may not apply to everyone who reads it at this exact moment in time. In fact, it may be that it's not applicable to some people who choose to read it at any point during their lifetime. After all, $250,000 sure sounds...
Earlier this year, the S&P 500 experienced a "correction," defined as a drop of 10% or more from a previous high. It has rebounded slightly since then, but at its worst was down roughly 13%. In fact, the high point of the last 12 months...
I have a simple dream for Beacon's clients, and it is this: That each one, over time, would think less and less about their portfolio, or at least that they would start to think of it as a collection of metal parts that just needs...
Ahh, spring. The season when days get longer, flower bulbs emerge, and sneezing fits from allergies return. Plus, it’s every high school senior's (and their parents') favorite time of year – college decision season! Acceptance letters and financial aid offers arrive by mid-April, with most...
