“Forget Johny Rivers, Just Make a Plan Stan”

Jun 12, 2018

If you would like to watch the video of Steve’s reading of this poem you can click on the image above or the following link. https://youtu.be/tioccVNXI5s

I heard this great little kids song called, “Planning Ahead” by the Lolliwinks.

Ok, so my taste in music is a little unorthodox, but hey, so is financial poetry. But the song gave me the idea for today’s poetic masterpiece titled:

Forget Johnny Rivers,

Just make a plan Stan

Retirement planning is just so boring,

There are other things you could do

Facebook, shopping, golf, TV

Just to name a few.

For some, playing cards is lots of fun,

A lot of people play bridge

But make a plan for the rest of your life?

You spend more time staring into the fridge.

A financial plan for your retirement years?

You devote more time planning vacations

But a plan to make sure you don’t go broke,

You’d prefer surgical heart ablations.

You spend more time watching infomercials,

Than planning the rest of your life.

It’s obviously more important,

To get Snuggies, a Bowflex and a Ginzu knife.

Having money to cover your lifespan?

Your thought is you’ll just play the lottery,

Of course, if that scheme doesn’t work,

It’s your choice to live life in poverty.

Take time to think hard on your future,

You’re probably going to be ‘round

Don’t listen to old Johnny Rivers,

And end up on the poor side of town.

Course there’s always another solution,

So your finances won’t fall apart,

You can always make your ends meet,

As a greeter at your local Walmart.

In the case you wanted to hear the song by the Lolliwinks that inspired me I have provided the following link for your enjoyment. https://www.youtube.com/watch?v=FrgxtdTEt2Y

Steve Wolff is a Managing Partner at WWM Financial in Carlsbad California. Steve can be reached at 760-692-5190 or Steve@WWMFinancial.com.

State of The Union

Jun 12, 2018

Watch the video of Steve’s reading by clicking on the following link https://youtu.be/z7yicj_QKJQ or the image above.

“State of the Union”

by Steve Wolff

Certified Financial Poet

The U.S. economy has recently awoke,

It’s not just a matter of mirrors and smoke.

Unemployment is now at a mere 3.8,

That’s a low percent one can’t berate.

Inflation is on a slight upward trend,

Which means interest rates will likely ascend

But rates are still historically low,

So unless they go skyrocketing, the economy should grow.

In the last 18 months, the market’s a beast

While jobless claims have been decreased

Taxes are down, regulations erased

economic good news is really broad based

Of course there are always issues to fear

This time it’s a trade war that might be near

Or the country’s differences with politics

Or a 20 trillion dollar debt that can’t be fixed

But one thing I know is always true

No matter what it is, your particular view,

There’s a saying that’s been uttered by many a sage,

That markets don’t die just from old age

It’s death will come when the numbers say so

When that will happen, we really don’t know

Why it will happen is right now a mystery

We’ll only know why through the lens of history

We’ll keep our eyes peeled for what might go wrong

When the market might sing like a sad country song

But at present our bias is slightly upbeat

For now we’re ok with the corporate balance sheet

Steve Wolff is a Managing Partner at WWM Financial in Carlsbad California. Steve can be reached at 760-692-5190 or Steve@WWMFinancial.com.