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03 Jan '24
How to Retire with $10 Million
Continue readingHow realistic is it for a new college graduate to retire with $10 million? Turns out, a million dollars isn’t what it used to be. The movie “How to Marry a Millionaire” was released back in 1953. It seems at that time—70+ years ago—being a millionaire was the epitome of financial success. Yet today, instead […]
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01 Nov '21
7.1% interest, risk-free! But is it for real?
Continue readingWhen an investment advertises a high return, that seems too good to be real, it almost certainly is. In these “too good to be real” situations, you often take on a undisclosed high level of risk, or the quoted return is based on “return of capital”, not earnings. See Hazardous Advice – Reaching for Yield for […]
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01 May '21
Savings Bonds – Inflation Hedge Series
Continue readingArguably, the simplest of all investments—U.S. Savings Bonds—may be the best current hedge against inflation available. As discussed in my prior post, Are TIPS a Good Investment, TIPS are nearly the perfect inflation hedge. Your return is fully protected from inflation since the bonds yield is adjusted based on actual inflation experienced. You receive a […]
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28 Sep '20
Are TIPS a Good Investment – Inflation Hedge Series
Continue readingWith the Federal Reserve “printing” massive amounts of new money to fund Congress’s record-breaking deficit spending, I thought it would be a good time to review investments considered good hedges for inflation. Ideally a good inflation hedge would maintain (or increase) its real value during periods of high inflation. Today’s post will consider Treasury Inflation-Protected […]