As my great personal philosopher Yogi Berra once said, “It’s Da Sha Vu all over again”.  So, we have another government shutdown.  One of the ironic statements that always baffles me is that we are told all non-essential government workers will not come in to work.  My question is, “Well if they’re non-essential, why are they collecting a check in the first place?”  This may be over before you even read this email, but we will survive.  My greatest concern along with any of you that have family in the military is the impact on those servicemen and women.

The economic news of the week was good.  Equity markets continued their upward trajectory.  Unemployment, especially in the African-American population is very good and, it looks like we might get 3.9%+ GDP for the 4th quarter, 2017.

A good article about what is called the 4% rule.  Simply stated, it means your distribution rate on your retirement assets should not exceed 4% per year.  So, if you need $100,000/yr. of gross income, you would need about $2,500,000 in retirement assets, a tidy sum.  Our process, “The Liberated Investor Advantage” ™ looks at all assets, income producing and non-income producing assets to help fund retirement.  Check our web page, for more on this topic.

The article about the tax reform act and how it might affect your home is information and may help younger people on owning a home.

And, “The Power of Shared Mobility”, while it may be a little self-serving as it is authored by an Uber employee, I found quite interesting.  While sharing rides out here in McDowell county might seem a little far-fetched, if I were living in a city and could solve my transportation issues without owning a car, that would be money in the bank for me.  As technology moves forward, these and many other issues will continue to push us into unwittingly providing way too much information for someone or some government to mine.  Just a thought.

Now, let’s all go out and make this week count.

Doug Alden

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