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Life Sentence

In Shawshank Redemption, Andy Dufresne was sentenced to life in prison for a murder he didn’t commit. He declared his innocence and spent hours digging a hole in his cell wall, so he could eventually escape. On a stormy night he finally escaped through the tunnel he dug to enjoy a life of freedom on a beach in Mexico.

The Mechanics of Moving Money

For the past forty years or so, you’ve worked hard and, hopefully, saved a few dollars. While working, you probably contributed a portion of your pay to your 401(k), IRA, or investment accounts. Now what? Yesterday you were working, today you’re retired. It’s now time to enjoy the fruits of your labor.

Where Do Stock Returns Come From?

Peanut butter and jelly. Thelma and Louise. Calvin and Hobbes. Fish and Chips. Wayne and Garth. Some things are better in pairs!

Lodestar

Lodestar is the new buzzword for the year. It recently appeared in an anonymous New York Times Op-Ed article: “We may no longer have Senator McCain. But we will always have his example — a lodestar for restoring honor to public life and our national dialogue.”[1]

Steak Dinners

About twice a month I receive an invitation to a steak dinner at a local restaurant from two different investment firms. These firms are offering retirement planning seminars to make sure I don’t run out of money during my golden years. 

Can You Save $500 Per Month?

Saving money shouldn’t be difficult, but it is. Trying to find a few extra nickels to save at the end of each month is a challenge, but is it possible for you to find an extra $500?

What’s Your Home Worth – Right Now?

Did you check the price of your home today? Did you get a text on your phone that your home appreciated 5%? Did the commentators on CNBC mention it on TV?

Zillow, and a few other real estate sites, let you check the price of your home daily. When the value rises, do you call your real estate agent to sell it? When it falls in price, do you panic?

Losers

The Washington Generals have been playing basketball since 1952. During their tenure they’ve won three games, one in each of the following years – 1954, 1958 and 1971.[1] Despite their lackluster output they repeatedly play in front of sold out crowds at over 450 events per year. Why? It’s because their primary opponent is the Harlem Globetrotters. 

Los Angeles to New York

The sound of a train whistle piercing the night sky conjures up images of distant lands and the rhythmic clickety-clack of the wheels on the track is therapeutic.  

Funding Secured

On August 7, Elon Musk tweeted: “Am considering taking Tesla private at $420. Funding secured.” His tweet caused a storm on Twitter and in the stock market. At the time of his tweet, Tesla shares were trading around $343 per share before soaring to $387.

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