BoomerVille: Our $2 Trillion Bad Day and Is The End Near

 October 10, 2025, a very bad Friday. 

Donald Trump posted on Truth Social that that China was getting very "hostile." The administration was considering a massive boost in tariffs applied to China. Investors, including we in BoomerVille, lost $2 trillion in the stock market.

How we dread the opening of the market tomorrow. Will there be many more "bad days?" Or. all bad days, for a long time?

Sure, we all know the market eventually recovers. It certainly did after the Crash on Monday October 19, 1987. But we Boomers were young enough to absorb that, not panic and see our investments resume growth. 

Now, we don't have the time to wait it out. Meanwhile, if our nest egg is depleted how will we fund our lives into our 90s? It's a shock that Diane Keaton died "so young." That is, age 79. 

In coaching I am observing more over-65 becoming solopreneurs. That is a strategy to defer dipping into their investments. Income from working self-employed is coming in.

Thrown off your game, maybe the first time since you started working? You made all the right moves and then the world moved in another direction.

Intuitive Coaching. Special expertise with transitions, reskilling and aging. Psychic/tarot readings, upon request. Complimentary consultation with Jane Genova (Text 203-468-8579, janegenova374@gmail.com). Yes, test out the chemistry. Zero risk.


Comments

Post a Comment

Popular posts from this blog

Global Gasp: Donald Trump Tells Off Big Banking

In a virtual back-and-forth Donald Trump does a stunner. At the World Economic Forum in Davos Bank of America head Brian Moynihan conducts a casual Q&A with the new President who's being looped in on large screen. During that, Trump tells Moynihan, along with JPMorgan Chase CEO Jamie Dimon, to stop blocking conservatives. That is, there's an accusation that Big Banking hasn't been accepting accounts from conservatives. One could feel a global gasp. Here is more from Bloomberg. Obviously Trump is setting a brash tone for the new administration. It's very un-corporate. Business leaders, used to indirectness in communications, will have to come up with a new way of conversing with the president in public.  Low on hope about finding, holding, or moving on to better work?  Getting that back is the first step. Then you and I, as your career coach, move on to diagnosing what's in the way, trying out the solutions and creating the communications you need. Free consultat...
Read more

Apparent Second Assassination Attempt on Donald Trump: Will This Negatively Impact Harris-Walz Campaign?

" Donald Trump  was the target of a second apparent assassination attempt Sunday when Secret Service agents opened fire on a gunman at his golf club in West Palm Beach, Fla., where the former president was golfing just a few holes away." -  The Wall Street Journal , September 15, 2024 The former president is safe.  The alleged potential shooter - Ryan Wesley Routh - initially fled but was arrested soon afterward. He faces criminal charges. At this time it is unknown if he took any shots. Of course, this development has unleashed condemnation of what seems to be political violence. Also, there will be scrutiny how Routh came to possess a military-type weapon. Since he had video recording equipment there could be an outcry about how easy it is for violence to catapult a miscreant into stardom.  But there is also the very immediate issue of how this could could affect the Harris-Walz positioning in what is turning out to be a volatile and tough campaign. It is not insen...
Read more

How Not to Get Pigeonholed Early in Legal Career - Paul Weiss Lawyers Explain the Reach of Restructuring Experience

Image
 On professional anonymous networks Reddit and Fishbowl junior lawyers frequently lament how boxed in they are in their practices. Yet, those who understand the complexities of a successful career in law understand how difficult it is to pivot to another department within the firm or lateral to another. A surprise navigation route might be to start a career or take a run during a career at restructuring. In an opinion piece in Bloomberg Law Paul Weiss co-chair of restructuring Brian Hermann and associate Shafaq Hasan explain the mobility embedded in that practice: "Practicing restructuring law opens the door to significant growth opportunities. With both transactional and litigation aspects, restructuring offers a range of experiences and skill sets." Operating in that function provides experience in M&A, tax, litigation and executive compensation. Here is how Paul Weiss positions and packages that transactional practice. Of course, in a volatile global economy the deman...
Read more