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Thing One   Timing Isn’t Everything, Staying The Course Is   When the stock market goes down it means people and institutions are selling out of their positions. Such has been the case on many days during the last few months. The experts have categorized much of this activity as panic selling, which is generally based on some extraordinary news item. The current headline grabber and selloff instigator is the is the regional banking crisis. Investors have not liked most of wha

Thing One   The Pros and Cons of the 4% Rule   The 4% rule is a widely recognized guideline for retirees to manage withdrawals from their savings, aiming to ensure funds last throughout retirement. Introduced by William Bengen in 1994, it suggests withdrawing 4% of the initial retirement portfolio in the first year, with subsequent withdrawals adjusted for inflation annually. For example, a retiree with a $1 million portfolio would withdraw $40,000 initially, then increase th

Thing One   All Gave Some, Some Gave All   Happy Memorial Day!  And if you’re really knowledgeable about the origins of today’s holiday, Happy Decoration Day!  Admittedly, I wasn’t among the most knowledgeable on the topic but I got curious (and felt grateful) enough to do a little searching.  I thought I’d share with you some of what I found in the form of an excerpt from an article on study.com . I hope you enjoy and share either this newsletter or your knowledge on this su

Thing One   The Three Phases Of Retirement   Retirement can be broadly divided into three phases: the active phase, the transitional phase, and the later phase. Each phase has distinct characteristics and financial needs, so planning for them requires tailored strategies. Below, I’ll outline each phase and provide guidance on financial planning, keeping the explanation concise yet comprehensive.   1. Active Phase (Early Retirement, ~60s to mid-70s) Description: This is the "g

Thing One   Got Habits?   An article published on gobankingrates.com  included a list of the common habits of self-made millionaires. We’ve shared our favorites below:    They’re frugal.  This doesn’t mean they subsist on beans and rice and never splurge, but they do avoid impulse purchases and they know how much they spend each month on the basics.   They invest in stocks.  We’ve hit this point often in our newsletter and this article’s author agrees that “…investing in stoc

Thing One   To Delay Or Not To Delay Your Social Security Benefits, That Is The Question   The recent turmoil in the stock market along with shakier job prospects, longevity concerns, and fears of benefits cuts have many older Americans taking social security sooner than they might have otherwise.  Below is an excerpt from a Yahoo Finance written by Kerry Hannon, that can serve as a primer on the topic:   “…In my planning with clients, I try to keep emotion, political posturi

Thing One   Investing Lessons From An Old Fisherman   Long before I developed the bad habit of spoiling a good walk by bringing along golf clubs, I had developed a fondness for what can be an equally frustrating hobby, fishing.  Early on, I was so obsessed with the sport that I would spend Saturday mornings watching fishing shows on TV and Saturday afternoons in bait and tackle shops buying what the pros were using.  Then I’d spend Saturday evenings on the bank of a pond some

Thing One   An Investing History Lesson For Uncertain Times    Dennis Coughlin of Kipliger recently advised the following with respect to the volatile markets we are currently experiencing, “…Acknowledge the persistent nature of uncertainty. Markets have endured wars, recessions and regulatory changes throughout history. Investors who remain focused on long-term strategies rather than reacting to short-term disruptions may experience more sustainable outcomes over time…”   We

Thing One   What 10 Days Could Cost You   In volatile times like the ones, we are currently living through, some people make what seems to them to be a completely rational decision – they get out of the market.  The problem with getting out though is getting back in as the same anxiety that forces people to the sidelines often makes them reluctant to get reinvested.  And, as multiple studies have found, sitting on the sidelines for timing purposes can be quite costly.   In fa

Thing One   One Analyst’s Take On The Recent market Turmoil   The following is an excerpt from a newsletter from David Alton Clark of Seeking Alpha:   "...Here are the four key positives I see in the current market situation The Speculative Hype Has Eased The froth that once dominated the market has largely been removed. This means we are moving away from overvalued, speculative investments that were driven more by market sentiment than fundamentals. With this correction, we'