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I talk a lot in my blogs and podcasts about understanding how to separate the news from the noise. In this Market Update Webinar, Matt Wilson, Managing Director and Chief Investment Officer at Keen Wealth Advisors, takes a look back at what happened in the second quarter of 2019 in the markets and in the economy.
Here’s a fun fact you may have seen as we celebrated the 50th Anniversary of the Apollo 11 moon landing: An iPhone has approximately 100,000 times the processing power of the Apollo Guidance Computer (AGC). It also has around 7 MILLION times more memory! Heck, even the first graphing calculators your kids used in the late 1990s were more powerful than the AGC!
This is one of my favorite questions to ask clients and guests at the many seminars we host throughout the year. And because we’re privileged to work with such outstanding folks at Keen Wealth, I get a lot of very smart answers, such as: “59 ½, because I won’t be penalized for making withdrawals from my retirement accounts.” That’s true.
Our thoughts are with everyone affected by the storms that hit the Midwest recently. In particular, the mile-wide tornado that tore through Linwood, KS was a sobering reminder that we’re going to be dealing with peak tornado season for at least a few more weeks, as well as ongoing concerns about flooding as our rivers continue to swell. You know our mantra at Keen Wealth when it comes to your finances and your life: plan ahead. And in our part of the country, tornado and flood prep has to be a part of that larger picture. Take a moment to go through these important tips that will help protect you, your family, your home, and your money.
It’s easy to slip into this kind of thinking when you read about the biggest companies in the world achieving a trillion-dollar valuation. Once upon a time, you could have bought that stock for peanuts, and today you’d be sitting on a fortune!
So, what exactly is a reverse mortgage? What are the options that Chuck alludes to in his question? And is Magnum, P.I. giving you good advice in all those TV ads you’ve been seeing?