A Baby Boomer Interviews Himself

Most of you know that Mr. ToughMoneyLove is a baby boomer.  (If you didn’t know that, you might want to read my About page.)

What some of you may not know is that I blog as a baby boomer on a different blog, Go To Retirement.  It is a blog that I started in late November 2008 in sort of a “soft launch” mode.  After working on the design and content of the site, and figuring out things such as how often I would be posting, I have decided it is time to more formally introduce readers of Tough Money Love to Go To Retirement.  I thought a good way to do that would be to have me, Mr. ToughMoneyLove, interview myself, Mr. GoTo.  So here goes.

Read more

Financial Risk Management and the Nervous Investor

Millions of panicked and nervous investors left the stock market in the last six weeks by selling what they held and/or by diverting their periodic investment contributions to cash or cash equivalents.  Ignoring for the moment whether such decisions made objective sense, that is the decision they made, based on their own tolerance for risk.  

Now these nervous investors are looking to rebuild their confidence to a point where they can re-enter the market.  For most Americans, that is what needs to be done for the long term, so that their retirement portfolios can withstand the ravages of inflation. Read more