Author- Harold Sasnowitz

During these days when travel and contact with loved ones is so restricted, I sought a way to reach out and touch my grandchildren. So, I started Grandpa’s Storytime. It’s a really easy way to keep in touch and connect in a personal way, and a great deal of fun.

The current covid-19 virus has changed many people’s financial plans, at least in the short term, and, at most, for the rest of their lives. For those approaching retirement or Social Security claiming age, Social Security strategies that have been previously decided may be obsolete.

Be Smart with Your Money – Make your Charitable Donations from your Required Minimum Distribution (RMD) using a Qualified Charitable Donation (QCD). This is a tax efficient way to use your RMD to make charitable donations and get the biggest tax bang for your charitable buck.

The global stock markets have dropped the last 2 days in response of fears about the spread of the coronavirus. As the reports of deaths due to the coronavirus expand beyond China, health officials in most countries, including the US, are developing containment and treatment plans. Pharmaceutical companies around the globe are developing coronavirus drugs and vaccines.

The House and the Senate have passed, and the President is expected to sign the SECURE Act. This piece of legislation creates some substantial shifts in laws governing certain retirement accounts. The House and Senate had different versions of this Act and we await their final decisions.

Basic Medicare, while a good benefit available to many Americans over age 65, is not a complete medical insurance solution.  There are “gaps” in the coverage.  To fill these, there are some standardized (by Medicare) policies available from insurers.  These ten standardized policies are Plans (called Plans A, B, C, D, F, G, K, L, M, and N), each having a different lev

There’s an old story about a king who, while indebted to a sorcerer, is given the choice of paying cash in 30,000 talents of silver to the sorcerer, or paying the sorcerer one talent on day one, and doubling the payment each day.  This payment would continue for each square on a checkerboard (64 squares).

This past weekend’s news channels were consumed with President Trump, Robert Mueller, and the report summary of the Russia collusion investigation.  If you were paying attention to the economic news before this took over the media, you likely heard the alarmist headlines on Friday about the inverted yield curve, which (you probably also read) inevitably signals an upcoming economic r

There are certain fallacies identified by behavioral economists that impact how we make decisions as investors, and being the emotional creatures that we are, we tend to be heavily influenced by these.

Economics entered its modern sense in the nineteenth century, but economic thought certainly started long before that.  However, economists almost always started from the assumption that people would do what was in their own best interest.  In the last 20 or 30 years, some economists started to question this assumption.  From this was born the subject of behavioral economics, als