Doug Flynn
Doug Flynn
Robert Douglas Flynn, Jr.is a former Major League Baseball infielder. He was one of the players sent to the New York Mets in exchange for Tom Seaver...
bonds return tax
After tax and after inflation, your return on bonds will be negative.
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If you're more than five or 10 years away from retirement, this is a buying opportunity.
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It's unfortunate it's gotten to the point where the average fan can't hardly get an autograph because of all the people who are trying to take advantage of it. They're more than gracious to sign programs and things to help the charities, but they have to watch out for the pros who walk up with a backpack full of memorabilia they want them to sign. The big-name guys can spot them because they see them all the time.
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People do feel better about investing. But they are still very skeptical about the recovery and their expectations are way down.
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Focus debt payments on the credit card, then the car, and then the student loans -- always pay your loans in interest rate order, not in order of balance size.
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There's never one number that tells you the end-all.
performance
You're never going to get supercharged performance in your 401(k).
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You could destroy your 401(k) by buying horrible stocks. It's probably the single biggest asset people have besides their homes. A lot of people shouldn't do it.