Damn the Inflation, Full Steam Ahead
Springer Financial Advisor
by lana
3y ago
Damn the Inflation, Full Steam Ahead   The master of the money (Fed Chairman Powell) has spoken. He reiterated the Federal Reserve’s commitment to keep stimulating the economy until the cows come home. Damn the inflation, full steam ahead is what I heard.    Powell even one-upped himself by Saying that “The Fed would be willing to let ..read more
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The New and Improved Recession
Springer Financial Advisor
by lana
3y ago
The New and Improved Recession -Written by Keith Springer The media is telling us that there is a meteor hurtling towards earth and it is just seconds from impact. Yet, when we look out the window, the sun is shining bright and kids are playing in the street. (Well not in today’s smokey California of ..read more
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The Recovery is Real
Springer Financial Advisor
by lana
4y ago
The Recovery is Real  The stock market is powering higher even as the backdrop for stocks continues to be scary. Individual investors are watching the news and are understandably terrified. The market is near all-time highs, but it is almost entirely due to just a few of the “stay at home” stocks. The ever pessimistic ..read more
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Don’t Fear The Reaper
Springer Financial Advisor
by lana
4y ago
Don’t Fear The Reaper  Blue Oyster Cult’s iconic lyrics continue to hold true today. They were my very first concert in 1975, along with Mott The Hoople, which was a great show. There is one song however, that could be the theme song of today’s investors, “Don’t fear the Reaper”. The level of fear prevalent ..read more
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What Does The Declining Dollar Mean to Your Portfolio?
Springer Financial Advisor
by lana
4y ago
What Does The Declining Dollar Mean to Your Portfolio? The US Dollar (DXY) has been dropping, and this has a lot of investors very concerned. Many people feel that the Fed’s “money printing” antics to fight the downturn will create hyper-inflation not seen since 1930’s Germany.  It is certainly true that increasing the amount of ..read more
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Today Vs. The 2000 Dot-Com Bubble
Springer Financial Advisor
by lana
4y ago
Today Vs. The 2000 Dot-Com Bubble There has been a lot of chatter lately comparing today’s stock market with the tech Dot-com bubble of 2000. Investors are understandably nervous, because technology has propelled this market just like it did in 2000, which ended in a bear market crash. However, there are similarities. The current bull ..read more
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Doomscrolling Can Kill your Portfolio
Springer Financial Advisor
by lana
4y ago
Doomscrolling Can Kill your Portfolio There’s a new phrase thanks to Covid-19. It’s called “Doomscrolling”. The name derives itself from the irresistible urge to binge on the doom-and-gloom news. Since the pandemic began, screen time has jumped over 50%. Experts are now warning that doomscrolling can take a significant toll on our mental, and physical ..read more
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Stocks Are Cheap… Really?
Springer Financial Advisor
by lana
4y ago
Stocks Are Cheap… Really? I know it’s hard to believe, but stocks really are cheap…or at least not drastically overvalued as many believe. As the major indexes have risen steadily since the crises began, a widespread fear has emerged that stocks must be overvalued simply due to their steady upsurge in the face of a ..read more
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A BRIEF HISTORY OF 4TH OF JULY FIREWORKS
Springer Financial Advisor
by lana
4y ago
A BRIEF HISTORY OF 4TH OF JULY FIREWORKS We are all getting ready to enjoy another birthday for our great nation, most likely with some form of fireworks to compliment the celebration. As I was looking up at the exploding, multicolored exhibition, I thought to myself: “This is a pretty strange tradition. Where the heck ..read more
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The Status of RMD’s for 2020
Springer Financial Advisor
by lana
4y ago
The Status of RMD’s for 2020 There has been a tremendous amount of confusion over what Congress intended to say about taking Required Minimum Distributions (RMD’s) from your IRA for 2020. Let me try to clarify: The CARES Act enacted by Congress in the wake of COVID19 allows any taxpayer with an RMD due in 2020 from a defined-contribution ..read more
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