Aging Parents? Who’s in Charge?
Here’s a valuable piece I came across on Forbes.com on the subject of Aging Parents in fragile health and the decisions that have to be made for the best outcome.. I wanted to share it as a resource for anyone who may be in this situation with their own parents.
Image by Steve Buissinne from Pixabay
DM Monthly Report – Sept 2019
ARE THE STOCKS IN YOUR PORTFOLIO A CONTRARIAN POSITION? It’s a curious thing. Even though publicly traded shares are a direct connection to the wildly successful free market system and the easiest way to grab a share of the wealth that has been and will be created by the capitalist economy, individuals are surprisingly ambivalent about owning them. In fact, the calls we get about stocks are often tinged with a trace of dread. If markets are up, people are skeptical about how long it’ll last and if they’re down, they worry that the dip is the beginning of something worse.
Click here to read more: DM-Monthly-Report-Sep-19
Cardinal Update – September 2019
Don’t Fear a Recession When You Have a Quality Portfolio: The “R Word” has been cropping up as of late, especially since the U.S. 2 year and 10 year yield curve inverted briefly. When you add this signal to the trade disputes, slowing global growth and various geopolitical events, it certainly raises the risk of a recession in the next year or two.
It’s not yet a done deal as employment remains strong, inflation is low and economic growth, while slowing, is still positive. There are also some unusual forces including the search for positive interest rates, central bank quantitative easing, flight to quality and aging demographics that are pushing longer-term interest rates down. But ignoring the warning signs can be perilous.
Click here to read more: Cardinal Update – September 2019
