Ida Keeling is 103 years old and a fitness buff. She holds the world record for the 100-meter dash with a time of 1 minute and 17 seconds for the age category of 100 to 104. She started running at age 67 after one of her sons passed away and said, “Running to me is like medicine.”
Stocks brushed off the frantic sell-off of the fourth quarter to post its best first quarter performance since I was in college (1998). This was the best single quarter since 2014 and the S&P 500 recovered most of its losses from last year sitting about 3% away from all time highs.
Whether you collect fine wine or folk art, baseball cards or bone china, comic books or classic cars, valuation can be a tricky business. Market fluctuations, economic conditions, popular trends, and the course of history can all influence whether a collection accrues value as an investment, or retains more sentimental than monetary value over the years.
In a few short years, it seems as though the banking industry has revolutionized. It is now easier (and more convenient than ever) to tend to your banking needs, all from the comforts of your pajamas. Gone are the notions of banking hours, and the never-ending lines when you want to deposit your paycheck.
You may have been told to start taking social security as soon as possible (when you reach age 62). Or that you can just keep right on working full time even as you collect. These are just two of the biggest Social Security misconceptions, and if you follow that advice it can end up costing you a lot.