I personally take my responsibility as a citizen seriously. It is my opinion that I have no right to complain if I am unwilling to do anything to help rectify the situation. Consequently, I frequently attend local government meetings to monitor their activities and make my voice heard. I also write letters and emails to my elected representatives and write letters to the editor.
Regardless of your age, the thought of not having to work, but still enjoying a great quality of life is probably quite appealing. Retirement sneaks up on you as each year goes by faster and faster.
I don’t spend a lot of time offering specific market commentary at Financial Planning Fort Collins. I think there are a lot of places and a lot of personalities that can offer plenty of very fine commentary for you to enjoy, if that's your thing. But when bigger picture things happen, I will try to put them into context, as much as possible.
Which segues into interest rates, and bonds. Interest rates have recently made a sharp move higher. In early May the benchmark 10-year Treasury note was at a yield of 1.66%, near the all-time lows hit in July of 2012. The difference between this year and last is that in just over a month the yield on that 10-year T-note has snapped up to around 2.20%. On a relative basis, that's a big move for the bond market - yields moved up by nearly 1/3rd in around 30 days.1