What Stein can diagnose are sick and healthy financial trends, pointing out that for 11 years, leading up to the virus-driven crash, the stock market was in bull-market territory longer than any time in the country’s history.
According to last week’s Wall Street Journal, the top-stock buyer for the government of a very oil-rich Middle Eastern nation has been scooping up multiple shares of Marriott and Boeing (Disney World and the airliner)…
“The perils of timing the market,” financial adviser Arthur Stein said. “ It’s just extremely hard to do.”
If your like most federal investors, a not-so-funny-thing happened to your retirement nest egg earlier this year.
The one sure thing about stock market predictions, whether and when it will boom or bust, is that eventually you will be right.
Well, it finally happened. After 10-plus years, the longest bull market in history, the stock market had an historic correction.
For many people nearing retirement, running out of money is one of the top fears. Unless they work for the federal government.
The S and I funds of the TSP had bad years in 2018 but bounced back big time last year. Mike Causey asked financial planner Arthur Stein why?
To protect their annuities from the ups and downs of the stock market, many active and most retired federal-postal workers have a major chunk of their Thrift Savings Plan account in the Treasury securities G fund.
Most people know the rule is buy low, sell high. If you buy that, the problem is knowing when the market has peaked or bottomed out.