Tom’s Blog

Off to Spain. Back in two weeks.

Patti and I are in Spain: Madrid now and then a walking tour of (bits of) Camino de Santiago. I’ve worked to get into walking shape. That’s a lot harder now that I’m older. We walked 16,000 steps in each of the last two days,

Inflation in March was sharply lower. Does anyone care?

Inflation for March was less than half the rate of February. The most-widely reported measure, seasonally adjusted inflation, decreased very slightly in March; the last six months point to about 3.0% annual rate. Core inflation, the measure closest to the one the federal reserve favors,

How long can you go without selling stocks?

I had coffee with my friend, Steve, on Wednesday. He said, “You’re going to have to talk to Jo Ann (his wife). She thinks the stock market is going to hell. You’ll have to reassure her.” I said, “Maybe we should wait six months.”

 

Did you complete your tax returns yet?

I received our tax reporting statement from Fidelity on Saturday, February 8. That’s the day Patti and I left for a week in Jamaica. I started and completed our returns on Sunday, February 16. The IRS deposited our refund on February 26. Ten days! This

Is this a good time to convert to Roth?

The best time to convert traditional IRA shares to Roth is when stocks stink. You get more shares for the dollars you convert. I would not judge that stocks stink right now, but my FSKAX hit a high of about $170 per share in early

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