Are You a Risk-Taker? Don’t Be Fooled by Bull Market

I’ve filled out more than a few risk-profile questionnaires over the years. These forms are supposed to measure how much investment risk you’re comfortable with, such as what percentage of your portfolio should be in risky stocks versus low-risk bonds. Every questionnaire I’ve ever done has pegged me as a living-on-the-edge kind of guy who should have between 70 percent and 91 percent of my money in stocks or stock funds. And that’s the problem. In reality, only 45 percent of my money is in stock and stock funds, …

Should I Buy Long-Term Care Insurance?

One of the most frequent questions I get from clients is whether to buy long-term care insurance. With the average cost of a private room in care facilities topping $94,000 a year, according to a 2013 study by insurer John Hancock, it’s a reasonable concern. Many of us will need some form of long-term care (LTC), so the question of whether to buy insurance to help with the associated costs is a real one. I think the decision is a very close call. At …

Non-Traded REITs – Warning, Danger Ahead

Are you looking for income? One solution often pitched is private and non-traded REITs (real estate investment trusts). REITs raise money to buy income-producing real estate. In this low-yield environment, they are touted as having high yields and no market risk, and as alternatives to bonds. These days, REITs are selling like hotcakes. According to Investment News, sales doubled to $20 billion in 2013 from a year earlier. Sales were likely to be robust for 2014 as well, though the Wall …

Stress, Anxiety Raise Risk of Alzheimer’s for Women

Middle-aged women who are worried, moody, jealous and stressed have double the risk of developing Alzheimer’s disease later in life as do those with calmer personalities, according to a new Swedish study published in the journal Neurology. Swedish researchers followed 800 women — average age, 46 — for nearly 40 years and gave them personality tests to judge whether they were neurotic, stressed, introverted or extroverted. The researchers also studied hospital records and the results of neurological exams to determine whether …

Low Vitamin D May Double Risk of Dementia

As with so many other perplexing questions about Alzheimer’s disease and dementia, researchers are unsure why there seems to be a link between low vitamin D levels and a higher risk of developing these brain diseases. Now one of the largest studies yet finds that link is even more worrisome: Too little of the vitamin may, in fact, double the risk of developing the devastating conditions. The new research, which followed nearly 1,700 adults over the age of 65 for …

Faces of Hunger in America

AARP Live – November 21, 2013 Guest blog post – Charlotte Whittaker I’ve seen the faces of hungry seniors across west Kentucky. While working as the Director of the Ohio County Senior Center, I saw first-hand how vital a simple home delivered was to these seniors. As a daughter of a rural Baptist preacher, I was taught at an early age the true meaning of compassion.  I was also taught that compassion wasn’t enough; I had a duty to help others …