Author name: Cliff Smith

Insights

Second Quarter Market Review: Sound and Fury

by P.J. DiNuzzo                                                                                                July 16, 2015 2015 Second Quarter Report: Sound and Fury For all the drama we’ve experienced in the past few months, the second quarter of the New Year has brought us slightly positive returns in many of the U.S. and global indices, and disturbing but ultimately not harmful news in Europe, China […]

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How to Read the Panicky Market

by P.J. DiNuzzo                                                                                               August 25, 2015 How to Read the Panicky Market Some of the most entertaining times to be a long-term investor are those periods when short-term investors are looking over their shoulders for an excuse to sell.  They’re convinced that the market is going to go down before they can get out, and so […]

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Devaluation Panic

by P.J. DiNuzzo                                                                                                September 2, 2015   Devaluation Panic Investors across the globe were sent into a panic recently when the Chinese Central Bank devaluated the nation's currency, the Yuan.  The U.S. market lost more than 1% of its total value, oil prices fell and global shares plummeted on news that China decided to make its […]

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The Deficit Shrinks Again

by P.J. DiNuzzo                                                                                                September 4, 2015 The Deficit Shrinks Again You might remember some years back when the U.S. budget deficit was one of the biggest political issues on the campaign trail.  Yet this year, after one Republican debate and a lot of jockeying for political position, the subject seems to have gone away.  Why? The […]

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Rent or Buy?

by P.J. DiNuzzo                                                                                                September 5, 2015 Rent or Buy? If you read articles that offer budgeting advice, you might see an item that says you shouldn’t spend more than 25% of your income on housing costs.  These days, that advice doesn’t apply. Why?  According to the latest report from Zillow Group, which tracks rental housing […]

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2015 Third Quarter Report: That Whooshing Sound

by P.J. DiNuzzo                                                                                                October 13, 2105 2015 Third Quarter Report: That Whooshing Sound Many investors will be glad to finally see the end of the third quarter of 2015, and most of them will feel like their portfolios are worse off than they actually are.  That whooshing sound you hear is not just air being let […]

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Medicare Cost Increases

by P.J. DiNuzzo                                                                                                October 22, 2015 Medicare Cost Increases The same time it was announced that Social Security recipients won’t receive any increases in their benefits; the government was announcing that certain Medicare participants would be paying dramatically higher premiums for Medicare Part B, the highest price jump in the program’s history.  In general, the […]

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Why You may be 15 Years Younger Than You Think You Are

by P.J. DiNuzzo                                                                                                October 24, 2015 Why You may be 15 Years Younger Than You Think You Are           How long are you and I going to live?  None of us knows, of course, but this number is important for a variety of planning issues-including, of course, how long your money will have to last in retirement.  Actuarial […]

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Major Changes Ahead

by P.J. DiNuzzo                                                                                                October 27, 2015 Major Changes Ahead When you look at recent history, the changes in our daily lives have been breathtaking.  Nine years ago, the iPhone hadn’t been invented yet and so there were no mobile devices to keep people staring at their screens as they walk around in public.  Facebook was a […]

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Look Before You Move

by P.J. DiNuzzo                                                                                                     October 29, 2015 Look Before You Move Each year, thousands of people retire and immediately move to a state that assesses lower income taxes, on the theory that they will save money and make their dollars stretch further.  Then they discover that they would have been better off at home, either because of […]