by Phil Lebkuecher | Apr 29, 2022 | Behavioral Finance
In the first three months of 2022, the world experienced two devastating events. The first is the Russian invasion of Ukraine, a devasting and troubling event beyond the scope of this article. The second is soaring inflation, which is what I’d like focus...
by Phil Lebkuecher | Mar 23, 2022 | Behavioral Finance
We are at all-time historic lows for interest rates which simply means borrowing money is less expensive than it’s ever been in US history. I believed that the 5.50% mortgage rate I got in 2003 on a 15-year note was going to be the lowest rate possible. ...
by Phil Lebkuecher | Feb 24, 2022 | Behavioral Finance
Recently, it’s been reported that over 4 million Americans have left their employers to either take a new position, retire, take care of someone, or simply leave the workforce. If you are one of these folks, or if you are considering leaving your current employer,...
by Phil Lebkuecher | Jan 28, 2022 | Behavioral Finance
I went in for the pre-op meeting for my hip replacement when I was told that my health insurance had denied coverage and I was responsible for the $34,000 procedure. After a call to the insurance company (and having to “upgrade” my policy), the company agreed to cover...
by Phil Lebkuecher | Dec 31, 2021 | Behavioral Finance
As we close this year, we’ve experienced real inflation pricing for the first time in 30 plus years. Building supplies, food, energy, clothing, and just about anything else you can think of has gone up significantly in price this year. Part of this is due...
by Phil Lebkuecher | Oct 28, 2021 | Behavioral Finance
NEWS FLASH! There’s a shortage of chicken wings, so a local restaurant now charges $26 for a dozen wings that were only $9 last year. This is my way to explain to my sons what “inflation” really means in terms they understand. Another reminder for them is when it...
