The CARES Act says you don’t have to take an RMD this year. Should you?
How Will the CARES Act Affect You and the Economy?
Fighting COVID-19 is pricey. Social distancing and quarantines have stalled the economy. The CARES Act seeks to mitigate costs for business and individuals.
Rick Miller: Musings on life in the time of the novel coronavirus*
As our daily lives become more and more impacted by COVID-19, I started a running list of all the things that sprang to mind. As this Atlantic article suggests, we are fortunate to have significantly better medical technologies and resources than were available in 1918, the year of the “Spanish flu.” While the diseases are[Learn more…]
The Novel Coronavirus or COVID-19: How and when will life return to normal?
The World Health Organization reports (as of March 13, 2020) that there have been 132,758 cases of COVID-19, with 4,955 deaths. The virus has spread to 123 countries. It certainly looks scary, and it is scary for those directly affected. But consider: The United States Centers for Disease Control (CDC) estimates that so far this[Learn more…]
Recent Stock Market Performance in Context
The stock market has been quite volatile in the last month. There has been considerable investor uncertainty associated with the novel coronavirus and COVID-19. Historical perspective The chart shows the performance of the S&P 500, adjusted for inflation using the US Consumer Price Index (CPI) since the beginning of 1926 (when the Standard Statistics Company[Learn more…]
Incorporating Social Security
When constructing an investment portfolio, the more secure and predictable assets you have, like social security and pensions, the more risk you can take. Rick Miller discusses the lifetime balance sheet and inflation-protected assets like social security.
Expected Returns and the Risk Premium
Returns are unknown, and an individual cannot be certain they will achieve a larger return from one management strategy over another. Rick Miller discusses the how risk premiums should factor into expected returns.
