HIGHLIGHT: 529 PLANS May 29, 2020 A college education is one of the largest and most important investments you’ll ever make. Unfortunately, the cost of this investment has risen rapidly, illustrating the downside of the “Miracle of Compound Interest.” The average annual cost of college in the US for the 2019-2020 [...]
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So far Maggie Kamman has created 42 blog entries.
Dreams of ‘Beverly Hills’ crushed as oil crashes below zero Mickey Kim / May 1, 2020 Come and listen to my story about a man named Jed A poor mountaineer, barely kept his family fed, And then one day he was shootin’ at some food, And up through [...]
HIGHLIGHT: CARES ACT April 21, 2020 The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27, 2020. Here are 7 things you should know about this historic relief package: Help for small businesses:The relief package sets aside $377 billion for loans and grants [...]
Highlight: SECURE Act April 23, 2020 The Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law on December 20, 2019 and will have wide reaching effects on retirement and estate planning for many people. The goals of the SECURE Act were to encourage 1) employers to sponsor [...]
Dear Clients: The term “unprecedented” is often misused/overused, but is certainly apropos to describe what would become the COVID-19 global pandemic and concomitant destruction of the world economy and financial/commodity markets. Unfortunately, the lead headline in the April 1, 2020 edition of The Wall Street Journal (“WSJ”), “Stocks End Worst Quarter [...]
FEAR MORE CONTAGIOUS THAN COVID-19 March 17, 2020 There is one thing more contagious and dangerous than COVID-19; that is fear. Not only does fear and anxiety weaken our immune system (we physically become more susceptible to illness), it also wreaks havoc on our decision making. We all want to make [...]
STAY CALM, STAY IN AND STAY THE COURSE March 9, 2020 These past few weeks have been historic in terms of market volatility. Panic seems to be reaching a crescendo today, with stock market “circuit breakers” kicking in for the first time since the Great Financial Crisis of a decade ago. [...]
Buffett on Coronavirus scare: “We certainly won’t be selling.” Mickey Kim / March 6, 2020 Berkshire Hathaway CEO Warren Buffett is well known as the “Oracle of Omaha” to a legion of investing disciples who eagerly await the last Saturday in February, when his annual letter to shareholders [...]
CORONAVIRUS-INDUCED VOLATILITY YOUR FRIEND, NOT ENEMY February 1, 2020 Given the media frenzy surrounding the emergence and spread of the Wuhan Coronavirus, we thought you’d be interested in Mickey’s next Investing column for the Indianapolis Business Journal, which will be published on Friday, February 7. As stated in the column, we [...]