What’s behind the current buying frenzy for some stocks? The froth in the markets is feeding an enthusiasm gap between investors in stocks and bonds. Liz Ann Sonders and her team at Schwab offer analysis on the disconnect and discuss what it means for the markets. If you want to be a millionaire, adopt their financial habits. So says Tom Corley, who interviewed 233 of them and wrote “Rich Habits: The Daily Success Habits of Wealthy Individuals.”  Beware of offers from your long term care insurers. They may not be in your best interest, as Murray A. Gordon Associates explains.

Schwab’s Perspective On U.S. Stocks And Economy: Frothy Sentiment, But Solid Participation — Hope is high that economic growth will accelerate as more people are vaccinated against COVID-19, but so far economic data has been lackluster. Meanwhile, bond investors are expecting inflation despite signs that the economic recovery’s momentum may be stalling. Why does everything seem so disconnected? Read more…

“I Interviewed 233 Millionaires: Here’s What I Discovered About How They Spend Their Money” — The author of Rich Habits, discusses the spending and savings habits of millionaires and how they can make you “feel rich” as you’re achieving your financial goals. Read more…

Unsolicited Offers From Your LTCI Company May Not Be In Your Best Interest — When you own a Stand-Alone “Traditional” Long Term Care Insurance policy, it’s important to understand when to consider making changes to the policy. There are benefits and/or consequences that may affect your Stand-Alone Long Term Care Insurance (LTCI) premiums. Read more…

 

John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller

Disclosure – The articles mentioned in Mid Week with Day & Ennis are for information and educational purposes only. They represent a sample of the numerous articles that the firm reads each week to stay current on financial and economic topics. The articles are linked to websites separate from the Day & Ennis website. The opinions expressed in these articles are the opinions of the author and not Day & Ennis. This is not an offer to buy or sell any security. Day & Ennis is under no obligation to update any of the information in these articles. We cannot attest to the accuracy of the data in the articles.