18 Predictions for 2018 

Disclaimer:  I am not qualified to make any of the predictions I’m about to make. 

(1)  The Dow and S&P 500 will end 2018 up 15%.  That will put the Dow at 28,427 and the S&P 500 at 3074.  I think the bull market rally will continue on in 2018 and the growth will be about double the average growth of the US markets over the last 100 or so years.  I think that the technology, financial, and consumer discretionary sectors will lead.  Some of the growth in 2017 was due to the optimism that surrounded the tax reform bill.  I actually think that optimism was a bit subdued and I expect 2018 to grow at above average rates because of the reality of the tax reform implementation.

Continue reading 18 Predictions for 2018 

Path to Financial Independence

One of the largest stressors in our lives is money.  Maybe not money itself, but the need to make money.  This traps us in jobs that we don’t like in order to pay for the things that we hope will bring us happiness.  There are various statistics on how much of the population dislikes going to work: 

80% of People on LinkedIn Don’t Enjoy or Hate their Job 

Only 13% of People Worldwide Actually Like Going to Work 

‘I Hate My Job’ Say 70% of US Employees 

If you’re in the minority of people that genuinely enjoy your job and would do it for free, I envy you.  I haven’t found that job yet.

Continue reading Path to Financial Independence