A $33,000 American Portfolio

By Joe Springer:On May 25 we created the $33,000 American Portfolio saying: The purpose of the $33,000 American Portfolio is to be a learning tool for seeking home-run potential with acceptable risk. Time For an Update: The $33,000 American Portfolio

By Joe Springer:On May 25 we started the $33,000 American Portfolio with the goal of seeking home run potential with acceptable risk. Let's get an update. The $33,000 American Portfolio JG Boswell ( BWEL.PK )

I adjusted my future retirement account 401(k) allocations today. I do not have as favorable an opinion of investing in the stock market today as I did a year ago. I would likely have allocated 20% to a money market fund except my 401(k) actually has two options – 1 paying 0.0% and the other paying -.02%.

We may never tire of discussing lessons from the Great Recession, which hit two groups especially hard: Teens who saw parents lose a home or job, and boomers who saw their savings depleted at precisely the wrong moment in life. The kids’ scars are mostly emotional. Financially, they had little to lose; indeed they stand to benefit from the more frugal approach to living that the recession has inspired in many. It’s a different story for boomers who are newly retired or rapidly nearing that stage of life.

We may never tire of discussing lessons from the Great Recession, which hit two groups especially hard: Teens who saw parents lose a home or job, and boomers who saw their savings depleted at precisely the wrong moment in life. The kids’ scars are mostly emotional. Financially, they had little to lose; indeed they stand to benefit from the more frugal approach to living that the recession has inspired in many. It’s a different story for boomers who are newly retired or rapidly nearing that stage of life.

By Doug Meeks:When it comes to budgeting an income stream, most people only consider all of the income they need for living their everyday lives. A small group of people live beneath their means, generating consistent savings. An even smaller group retire and keep saving while living beneath their means. So when I plan an account to provide income, I consider the stability of that income to be very important. I do this so that life can go on with little disruption in as many cases as possible.