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 26, 2013 | Asset Allocation, Uncategorized
There are four ways to determine an appropriate asset allocation. Each one with pros and cons. Rule-of-thumb formulas. These are useful for quick planning purposes. For an investor, this should be a starting point to see if their current allocation is in the...
by Michael Lecours | Sep 25, 2013 | Finding Confidence, Retirement, Rule of Thumb, Uncategorized
When it comes to retirement planning, there are only two outcomes. You will either outlive your savings or your savings will outlive you. It’s that simple. Unfortunately, it’s not easy. Below are a few strategies to consider during your transition years. 50s and...
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 | Sep 18, 2013 | Economy, Uncategorized
Five years ago, the United States was rocked by yet another financial disaster – the collapse of Lehman Bros. This came on the heels of a tightening credit market, the housing crunch, struggling auto industry, and numerous large financial institutions that were...
by Michael Lecours | Sep 10, 2013 | Economy, Uncategorized
This summer, headlines stated that the Euro Zone had emerged from its recession with .3% growth in GDP. It’s no cause for celebration, but an important signal that Europe is making progress in its recovery. Below are a few signs indicating Europe is improving:...