by Michael Lecours | Jun 14, 2014 | Retirement, Uncategorized
What’s worth more to you: a lump sum of $100,000 or an income stream of $500 per month? If you’re like most investors, you would pick the $100,000 as being worth more. In reality, $100,000 can buy an income stream of about $500/month, which means they are worth about...
by Michael Lecours | Jun 13, 2014 | Economy, Finding Confidence, Uncategorized
American Funds recently wrote about innovation from a different angle than from my original post: the benefit to the innovative company. Here are a few highlights: “The markets often underestimate the impact innovation can have on a company’s growth prospects and...
by Michael Lecours | May 27, 2014 | Rule of Thumb, Uncategorized
Great interactive chart showing the difference between median income and cost of living for major cities at NPR Most Interesting – Hartford metro area has a pretty high wage after adjusting for the cost of living.
by Michael Lecours | May 21, 2014 | Economy
The Federal Reserve responded to the financial crisis by dropping interest rates to zero (ZIRP) and by buying massive quantities of bonds and thus flooding the banks with newly created cash. We were told it would short lived. However, five plus years later it is still...
by Michael Lecours | May 17, 2014 | Retirement, Saving, Uncategorized
For those looking for ideas of where to travel next, look to the infographic for some ideas. Makes me want to read up on Zurich.
