by Michael Lecours | Dec 19, 2013 | Rule of Thumb, Saving, Uncategorized
Target announced today (article) that it was the victim of what may prove to be the largest data theft ever recorded. If you shopped at a Target in the last few weeks, your personal credit card or debit card (not just the Target-branded cards) may have been one of...
by Michael Lecours | Sep 27, 2013 | Economy, Politics & the Economy, Saving, Uncategorized
Great 30 minute video explaining how the economy works by Ray Dalio of Bridgewater. For those who follow him, it will come at no surprise that the focus is on one of the most misunderstood components of the economy… Credit and debt. How the Economic Machine...
by Michael Lecours | Sep 25, 2013 | Saving, Uncategorized
Easily find and compare heating oil prices in CT, MA, NY and RI. Wish I found this site sooner! CashHeatingOil.com
by Michael Lecours | Aug 16, 2013 | Investment Behavior, Investment Strategies, Rule of Thumb, Saving, Uncategorized
I’ve been getting this question a lot this summer: “Should I invest in the market now, or is this the top of the market?” Here’s my response: If you watch the news, there’s always a reason not to invest. Think back to the election and the fiscal cliff. Who would be...
by Michael Lecours | Jul 31, 2013 | Investment Strategies, Rule of Thumb, Saving, Uncategorized
I just stumbled upon this interesting nugget. All things being equal, a 19 year old who contributes $2,000 per year for JUST 7 years will have more money at age 65 than a 26 year old who made $2,000 contributions each year until age 65. Talk about the magic of...
by Michael Lecours | Jun 14, 2013 | Investment Strategies, Retirement, Saving, Uncategorized
I recently met with prospective clients who needed a lot of guidance. They were entering retirement with substantial assets and sources of income, but there were important health issues to consider. It was complicated. They had not been well served in the past. They...