QUESTION OF THE WEEK: My wife and I are just starting to invest for our retirement. This week was filled with so much bad news, we wanted to ask if you think we should keep investing for the next few months. Do we need to wait until things are better before investing any more money [...]
How much do I need to retire?
THIS WEEK’S QUESTION: How much money do I need to save in order to retire? OUR ANSWER: The amount of money a dentist accumulates is one of many important factors that influence levels of retirement happiness, but financial security and overall happiness do not exactly correlate with wealth. Having multiple income sources, predictable investment results, [...]
Why did the Dow drop 512 points? S&P downgrades U.S. debt?
THIS WEEK’S QUESTION: ” Why did the DOW drop 512 points this week? I thought we resolved the debt crisis. What’s going on?” OUR ANSWER: It’s hard to say unequivocally. Even the smartest analysts don’t agree on the same catalysts and tipping points. But this past week’s events were largely affected by Spain and Italy’s [...]
Gross Domestic Product (GDP)
To understand the health of our economy, it is important to understand Gross Domestic Product (GDP). GDP measures all goods and services that a country makes within its borders during a year. It’s an important measuring tool that helps determine the health of a nation’s economy. It’s also a good measuring stick for our standard [...]
