Attack From Within - Barbara McQuade Attack From Within - Barbara McQuade How Disinformation is Sabotaging America (Part 1 of two-part interview) Tuesday, June 18, 2024 0 Barbara McQuade, former U.S. attorney, University of Michigan Law Professor, and MSNBC Correspondent discusses her New York Times best selling book, Attack From Within. Read more
Scams, Spoofs, Scare Tactics Scams, Spoofs, Scare Tactics Current Senior Scams Monday, June 17, 2024 0 Nick Soley, Community Relations and Public Information Officer, Bloomfield Township, MI, discusses the current trends of senior scams. Read more
An Optimistic Outlook On Getting Older An Optimistic Outlook On Getting Older Health Wednesday, May 29, 2024 0 A casual conversation about aging with author and speaker Garry Cole Read more
MindMetrix MindMetrix Health Thursday, May 2, 2024 0 We introduce MindMetrix, an online mental health assessment, developed by the Rochester Center for Behavioral Medicine Read more
Laurie Blume / Wednesday, March 11, 2020 / Categories: Financial, Money Management Key Financial Tips - Don’t Panic! Remain Calm in Turbulent Times Here are a few financial tips for those of us who are Gracefully Greying adapted from the Financial Manager and AARP Magazine: Do not panic. Panic is the enemy. Diversification is your safety net. Make sure that your money is spread among different types of investments, such as U.S. stocks, foreign stocks, bonds and publicly traded real estate trusts. Investing in mutual funds is safer than buying individual stocks and bonds. It is hard to plan for economic calamity. Think twice before paying off your mortgage if it uses up a lot of cash. Do not panic and sell too early. This is how most people get hurt by market downturns. Panic is your biggest enemy. Do not be overconfident either. There are always down turns in the market. The four most dangerous words when the markets have been strong for a long time: “This time it’s different.” Another good read is Suze Orman's article 10 Steps to our Ultimate 'Retirement, published in AARP. Another important read is published by U.S. News & World Report, What the Coronavirus Means for Your Retirement Finances. Print 31817 Tags: Financial Financial Planning Related articles A Tale of Two Losses: Your Memory & Your Money Can't Pay Your Taxes? The Perils of Caregiving: Protecting Finances Choosing A Financial Advisor Daily Money Management Reverse Mortgages for Seniors The Cost of Long-Term Care Saving for the 3 Stages of Retirement Seniors and Reverse Mortgages Don't Panic!