Core Capital Solutions Blog

Jul
01

Cash is not King!
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We are in a period of weak economic growth which one would expect will generate weak but positive returns in the capital markets. On the other hand, there are many serious risks facing the world over the next few years that could derail growth and possibly cause a new bear market if not an outright financial crisis. Under these circumstances, weak upside returns with the chance of a serious bear market, it makes sense to me to focus more attention on controlling portfolio risk and preserving capital.

Written by Life After 65.

Jun
24

Have you had “the talk” with your parents?
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No, we're not talking about the birds and bees discussion you had with your mom or dad as an adolescent with raging hormones. Here we're talking about "the talk" adult children may have to have with their parents about their parent's finances.

Written by Life After 65.

May
05

Rule of Thumb
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If you follow a rule of thumb you can retire successfully or… beat your wife?

It is often claimed (incorrectly, as it turns out) that the phrase “rule of thumb” gave a husband permission to beat his wife provided he used a stick no bigger around that a man’s thumb. It turns out that in 17th and 18th century England and America, this rule of thumb was often rejected by the courts and ridiculed as nothing more than an excuse for spousal abuse – which it clearly was.

 

Written by Life After 65.

Apr
12

Inflation Friend or Foe
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If you have been hoping to see higher interest rates on CDs and savings accounts you favor inflation.

Interest is the cost of money and the first thing a lender wants covered is inflation followed by an amount that is the lenders profit. The level of profit varies a little over time and is currently at depressed levels. The inflation component of interest rates varies a lot; remember 18% money market rates in the late 70s with a 16% inflation rate. Compare that today to short term interest rates that do not even cover the current rate of inflation which is around 1%.

 

Written by Wealth Management.

Mar
11

Keeping your Medigap plan affordable
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Medigap premiums are becoming a real strain on the monthly budgets of seniors – but before letting a policy lapse read Fred and Lois’ story below. There are ways to reduce your (or your parents’ or grandparents’) monthly Medigap premium and still keep the coverage needed! Call Jim Sullivan with any questions.

 

Written by Life after 65.