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IN THIS ISSUE: 

Personal Money Planning's Newsletter
July 9, 2016
Hello!

I've been thinking about the probability of certain things happening. For example:
  • The probability of being watched is directly proportional to the stupidity of your act.
  • If you change lines (or traffic lanes), the one you were in will always move faster than the one you are in now.
  • The probability of meeting someone you know increases dramatically when you are with someone you don't want to be seen with or doing something you don't want to be seen doing.
  • As soon as you find a product that you really like, they will stop making it or the store will stop selling it. Corollary: Your favorite restaurant is the next one that will close.
  • If you don't feel well, make an appointment to go to the doctor, by the time you get there you'll feel better. But don't make an appointment, and you'll stay sick.
Enjoy this week's newsletter and have a great week! 

Gary Silverman, CFP®
Soapbox
The Soapbox
Time for me to fly
Gary Silverman caricature Have you had to travel lately? The security lines at the airports are extremely long in some parts of the country. If you don't allow yourself more than adequate time, you could even wind up missing your plane. Not a great way to start a business trip, not to mention a vacation! 

Well, as they say, "Time is money." In this case, for some money you may be able to buy some time and get through that line quicker. If you pay $85, you can apply for TSA Precheck, and if you qualify, you can zip through the fast lane. 

Some of you may like standing in long, winding lines. Maybe you are trying to add steps to your FitBit counts. As of this year, less than 3% of the estimated 100 million American adults that fly each year have signed up. TSA was hoping to get around half of flyers to participate. The recent news of long lines may be enough to get more folks to fork out the cash and get signed up. This may be great, until those lines get really long, too.

--Gary
Articles
Gary's Latest Articles
From the Times Record News
New Law Disapproval
The Department of Labor wants investment firms managing your retirement accounts to act in your best interests. Why are so many opposed to this? Read more... 

Brexit
As we discussed last time, the Brexit vote has some far-reaching consequences. Here's where it starts. Read more... 
Money101
Money 101:
Love and Money
happy_caucasian_couple.jpg Most would agree that faithfulness is important for a healthy relationship, but some may not consider total  "financial fidelity" as important. Not discussing certain financial topics, or telling a few "white lies" about your spending may lead to bigger problems later.

An article from the NFCC blog shares
5 ways you could be (financially) cheating on your partner.

What are some ways you can make sure you don't fall into these mistakes? Check out "How couples can master the financial balancing act" on NerdWallet. 
Final
Final Thought
Before I forget (just for fun)...

A couple in their nineties are both having problems remembering things.

During a checkup, the doctor tells them that they're physically okay, but they might want to start writing things down to help them remember. 

Later that night, while watching TV, the old man gets up from his chair. "Want anything while I'm in the kitchen?" he asks.
"Will you get me a bowl of ice cream?" 
"Sure.." 
"Don't you think you should write it down so you can remember it?" she asks.
"No, I can remember it."
"Well, I'd like some strawberries on top, too. Maybe you should write it down, so as not to forget it." 
He says, "I can remember that. You want a bowl of ice cream with strawberries."
"I'd also like whipped cream. I'm certain you'll forget that, can you please write it down?" she asks.
Irritated, he says, "I don't need to write it down, I can remember it! Ice cream with strawberries and whipped cream! I got it, for goodness sake!"
Then he toddles into the kitchen.

After about 20 minutes, The old man returns from the kitchen and hands his wife a plate of bacon and eggs.. She stares at the plate for a moment. 
 
"Where's my toast?"

Have a great week!
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