Posts by Charles Winfrey
Three Financial Lessons from “The Last Dance”
“Talent wins games, but teamwork and intelligence win championships.”- Michael Jordan On Sunday, April 19, 2020 we were given a gift, as deprived sports fans who during this pandemic have no live sports to watch and can only stomach so many replays of games that we already know the outcome, in the form of…
Read MoreFour Coronavirus Principles I Learned from Billionaire Ray Dalio’s TED Connects Talk
Four Coronavirus Principles I Learned from Billionaire Ray Dalio’s TED Connects Talk “In our seeking for economic and political progress, we all go up – or else we all go down.”- Franklin D. Roosevelt TED Connects is a live, daily conversation series featuring experts whose ideas can help us reflect and work through…
Read MoreFinancial Reminders from Kobe, Nashville Tornado 2020 and Covid-19
“Everyone has a plan until they get punched in the mouth.” – Mike Tyson The first quarter of 2020 has punched us in the gut, heart, and mouth in a way I have never seen in such a short period of time. On January 26, 2020, Kobe Bryant died in a helicopter crash outside…
Read MoreSocial Security is Running Out of Money and What You “Should” Do About It?
Social Security is Running Out of Money and What You “Should” Do About It? “By 2035, the funds of the Old-Age and Survivors Insurance (OASI) in the Social Security Trust fund will be depleted.”[1] “Before Social Security existed, about half of America’s senior citizens lived in poverty” Bernie Sanders The 2019 Annual Report…
Read MoreFedEx, Buyouts & Early Retirement: Do Not Make These Mistakes
“A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them.”- John Maxwell In December of 2018, Fred Smith, CEO of FedEx, said that FedEx would offer voluntary buyouts to some U.S. and international employees through 2019 and into 2020. The majority of U.S.…
Read MoreBeyonce, Coachella, Netflix & Your Retirement
“Whatever you do, strive to do it so well that no man living and no man dead and no man yet to be born could do it any better.” ~ Benjamin E. Mays, President of Morehouse College 1940-1967 Homecoming (stylized as HΘMΣCΘMING; subtitled: “A Film by Beyoncé”) is a concert film about American singer Beyoncé and her performance at the 2018 Coachella Valley…
Read MoreTiger Woods, The Masters and Your Retirement
“Never give in, never give in, never, never, never, never—in nothing, great or small, large or petty—never give in except to convictions of honor and good sense.”- Winston Churchill Tiger Woods, The Masters and your Retirement Golf enthusiasts or fans of Tiger Woods, which I am part of the latter, are excited that it…
Read MoreThree Strategies on How to Protect Your Retirement Nest Egg during this Market Downtown
“The individual investor should act consistently as an investor and not as a speculator.” – Ben Graham As I write this blog on Tuesday, December 4, 2018 at 3:10pm CST, the Dow Jones Industrial average ended the trading day down 799.36 points (-3.10%)[i], the S&P 500 Index ended the trading day down by 90.31…
Read MoreOctober Effect. Where Do We Go From Here?
“October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”- Mark Twain What a week. What a month so far. October historically has been a notoriously bad month for the market and this October has not…
Read MoreStock Market Jitters Part II
The recent stock market drops are creating jitters for millions of investors. With concerns around rising interest rates, trade policies and higher inflation now is the time to analyze your investment risk. Risk can be defined as possibility of loss or injury. Regarding investing, risk can be defined as the chance an investment’s actual…
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