Time to Fear the Coronavirus?

Posted by on Feb 26, 2020

Time to Fear the Coronavirus? written by Brian S. Wesbury – Chief Economist with First Trust Robert Stein, CFA – Deputy Chief Economist Monday, fear over the Coronavirus finally gripped investors, as both the Dow Jones Industrial Average and the S&P 500 index fell over 3% – the largest daily declines in two years. These drops wiped out all the gains for the year. Frankly, it’s amazing to us that the market had been so resilient!  Maybe it’s because recent history with stocks and viruses is that markets overreact leading to significant buying opportunities along the way. ...

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Are you Living Your Life on Purpose?

Posted by on Jul 15, 2019

Are you Living Your Life on Purpose?   Once a year, I take a few moments to evaluate ‘How am I doing in life?’ I look at each area of my life – relationship, health, financial, spiritual, family and pleasure. I score each area on my level of satisfaction on a scale of 1 to 10. I envision these categories in a wheel –     As I score them, some are satisfactory – 8 or above. Others are moderate, 6-8. Some stink and are on the low end like 3-4. When I envision my life in a wheel, I can see the areas I am flat.  And like a wheel on a car or bicycle, a flat side makes for a bumpy ride. It doesn’t...

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Practical Tips for Family Caregiving, part 2

Posted by on Apr 9, 2019

Practical Tips for Family Caregiving, part 2 Are you currently a caregiver? Do you know somebody who is? Caregiving can be an all consuming responsibility – especially if your loved one is battling with dementia. Be careful not to let your ‘new job’ get you isolated. It is important for your loved one that you take care of yourself in this journey of caregiving. You don’t know if you will be needed for a few months or a few years. Take care of yourself from the beginning. Click here for the resources to support groups for caregivers from Part One of Practical Tips for Family Caregiving. Tip...

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Practical Tips for Family Caregiving

Posted by on Apr 2, 2019

Practical Tips for Family Caregiving   Former first lady Rosalyn Carter said there are only 4 kinds of people in the world: Those who have been caregivers Those who are currently caregivers Those who will be caregivers And those who will need caregivers. You are likely to have the opportunity of being a caregiver for an elderly relative such as parents or for a spouse. Many caregivers begin with the best of intentions to do everything themselves. After all, they are family.    It may not be long before you are approaching burnout. Caregiving tasks start simple, providing meals, running...

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Is a Health Savings Account for You?

Posted by on Nov 15, 2018

Is a Health Savings Account for you?   Health Savings Account are growing in popularity.  It is not surprising since HSAs have triple tax benefits.  Contributions are tax deductible. Withdrawals for medical expenses are tax free. Earnings are tax free. In addition, there are no required distributions like you have with IRAs. Also, there are no income limits for contributing to an HSA like you have with a ROTH.   The 2017 Devenir HSA Research Report shows the number of HSAs have grown to 22 million since their start 15 years ago. These accounts hold over $45 billion in assets.   Health Care...

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To Hear or Not to Hear – Part 3

Posted by on May 31, 2018

To Hear or Not to Hear – Part 3     Choosing a Hearing Aid Several factors need to be considered when selecting a hearing aid. The type and severity of your hearing loss Manual dexterity – how easily can you manipulate the small device. Lifestyle – how active, phone use The hearing aid one person likes might not work for someone else; even if it is identical hearing loss. In a survey of people wearing hearing aids 33% feel multiple program settings was important to adjust to the environment quiet or loud. 20% felt an automatic noise level adjustment was the most important feature. Why...

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