Archive for Blog – Page 2

15 Reasons To Buy Bitcoin Near Its $3,525 High

So should you own some form of cryptocurrency like bitcoin?

Bitcoin set a new high at $3,525.  [And today, 8.14.17, it broke $4200.]  That doesn’t mean it has run its course. Here are 15 reasons why this is just the beginning. Since October 18, 2016, Bitcoin (Pending: COIN ) ( OTCQX:GBTC ) has had a place within The Black Swan Portfolio . It did incredibly well since that time, […]

Plan For The Worst

Though we may not know when, a market never goes in a straight line.  Plan accordingly…

Currently, things could not be better. Stocks are hitting all-time highs. Confidence is at record levels, and investors are “all in.” But maybe it is just for those reasons that we should take a pause. Records are records for a reason. Every strongly trending bull market throughout history has ended, usually very abruptly and […]

There’s A Storm A Comin’

Do you pay into Social Security?  Do you expect to receive Social Security in your retirement.  This is a must read article from seekingalpha.com.

Bloomberg interviewed Alicia Munnell from the Boston College Center for Retirement Research. She of course has come to be a thought leader for what ails the Social Security system. Shockingly, it boils down to three things: cutting benefits, raising the cap one way or another or some combo of both. I’ve framed it numerous times by saying that something will have to give.

Included in there is what I will bluntly call nonsense about replacement rates as in how much of someone’s income Social Security is intended to replace. There was talk in the interview about replacement rate dropping from 36% to 27% over some long period of time.