Monthly Archives: July, 2024

Summer Isn’t Always Easy, It Can Be Stressful

Your Survival Guy lives in a tourist town. That can be hard sometimes. When everyone’s on vacation having fun, one can feel like a...

Scammers Using Meta’s Own Copyright Tools to Attack Users

Tekendra Parmar of Bloomberg reports that scammers are using Meta's copyright tools to scam their users. Victims' content is being removed from Instagram unless...

“The Golden Age of Fixed Income”

Don’t miss the boat on bonds. I like what Rick Rieder of BlackRock says here in The Wall Street Journal, as reported by Jack...

Why It’s Hard to Blame You: #10 “Order Up!”

Today, there are three times as many mutual funds and ETFs as there are stocks to invest in. It’s like the investment business has...

Global Recoverable Oil Reserves Insufficient to Meet Demand

Magnus Nysveen and Elliot Busby of Rystad Energy report that the latest research shows global recoverable oil reserves held largely steady at around 1,500...

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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...

EU Methane Crackdown Faces Global Pushback

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

Bipartisan Senate Agreement Targets Russia’s Energy Revenues and Iran

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

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...