Yearly Archives: 2022

Congress Looking to Make Significant Changes to Your 401(k)

Members of both the Democratic and Republican parties in Washington, D.C. are looking at ways to change your 401(k) plan. Anne Tergesen and Richard...

The Wisdom of “Make It A Good Month”

When you finished reading Richard C. Young’s Intelligence Report, above the P.S., P.P.S., and P.P.P.S, he always signed off “Make It A Good Month.”...

If You’ve Been with Me, It’s Been a Good Year

If you’ve been with me, it’s been a good year, and the future looks just as good. As Your Survival Guy, I’m focused on...

“Let Me Tell You About Money Kid”

“How old are you?” he asked. “50,” I said. “Let me tell you about money, kid.” “I’m 74. Sold my business in ’99. Made out real well....

Recent IPOs Enter a Hard Winter

One in four stocks of companies that went public in 2020 or 2021 is now trading below $2/share. Many of these companies' shares may...

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HII, Labor Department Team Up to Build Next Generation of Shipbuilders

The US Department of Labor has partnered with Huntington...

Government Grocers: No Free Lunch

You may have heard that New York City Mayor...

Michigan Auto Manufacturing Revival Takes Center Stage

The White House says President Donald Trump is returning...

US Auto Market Moves Toward Electrification, Led by Hybrid Growth

Nearly one-quarter of new light-duty vehicles sold in the...

When I Think about Fidelity Investments and YOU

When I think about Fidelity Investments and you, I’m...

Wealth Tax Fairytales: There Are No Dragons

You know that California is contemplating a tax on...

Bipartisan Senate Agreement Targets Russia’s Energy Revenues and Iran

US senators have reached an agreement on a new...

EU Methane Crackdown Faces Global Pushback

The energy ministers of the United States, Qatar, Nigeria,...

The Magic Number

The magic number for retirement is four, as in a 4% annual draw on the initial balance of your retirement portfolio. Thus, if your portfolio totals $1 million, you draw $40,000 in year number one. In future years, you draw 4% or $40,000 annually, whichever is less.

Poison Annuities on Your Retirement Fund Menu?

The Executive Office of the President’s Council of Economic...