Retirement Resources President and Investment Advisor, Dave Boike shares some good economic news as we are moving into the holiday season, along with some inspiration from Mr. Walt Disney’s life.

Auburn Hills, MI — October 21, 2020— Dave Boike, President of Retirement Resources and co-author of The Ultimate Success Guide with Brian Tracy, published a new article on the company website entitled, “The Holidays, The Recession, The Record-Setting Stock Market And Mr. Walt Disney,” in which Mr. Boike gives his readers a few more things to be thankful for this holiday season.

Boike writes, “I recently came across a quote attributed to Walt Disney who allegedly said, “I heard there’s going to be a recession. I decided not to participate.” I love the sentiment this quote evokes,” he says, adding, “It speaks to the fact that Mr. Disney had the ability to look challenges in the face as if they didn’t exist!” He asks, “Couldn’t we all use a dose of that kind of thinking right now as we’re heading into the holiday season? I know I sure can.”

“I decided to do a little more digging to see if I could find more inspiration to share with my readers,” Boike writes. He continues, “Here’s another nugget I found. Disney actually established his business during the Great Depression of the 1930’s. He offered people hope, fun and uplifting messages at a time that felt like the world was ending.” Boike states, “This makes me wonder what exciting new businesses will be born out of this pandemic. While many businesses are closing down, you just know there are others that are in the conceptual stage and will flower successfully despite the challenges.”

According to Boike, “Right now, this kind of vision is so inspiring even as millions of people have lost their jobs. It also makes me hopeful because even though the market and retirement accounts took a big nosedive in the first quarter of the year, things have stabilized.” He goes on to say that, “It has also been reported that the number of Americans seeking unemployment benefits dropped below one million for the first time since the shutdown began in the spring. In addition there has been some improvement in consumer spending, a rebound in the housing market and better-than-feared corporate profits. All of this adds up to greater investor optimism.”

Boike goes on to point out, “Many people who have been able to return to work have resumed contributing to their retirement accounts.” He further adds, “While I am keenly aware that many people are dipping into their retirement funds to keep a roof over their heads and food on the table, it is still good news to hear that retirement accounts are bouncing back.”

 

Read the entire article at https://www.theretirementresource.org/single-post/2020/10/21/The-Holidays-The-Recession-The-Record-Setting-Stock-Market-And-Mr-Walt-Disney

 

About Dave Boike

Dave is a well-known financial educator, co-author of The Ultimate Success Guide with Brian Tracy, author of High Tide and contributing author of 21st Century Wealth.  For over 30 years, Dave has been teaching investors age 55+ how to preserve their assets, increase their income, and reduce income taxes. He has taught Retirement Planning Classes at Michigan State University, Wayne State University and Oakland Community College.

For over 4 years, Dave was featured on NBC25 every weeknight at 6PM, discussing the daily market wrap-up. Many area retirees have used Dave’s advice to enjoy a financially independent retirement.

Dave is a Chartered Financial Consultant, a designation awarded only to the most experienced advisors who have completed a 10-course program of study, through the American College in Pennsylvania, focusing on Tax, Investment, Risk Management, Retirement and Estate Planning.  He is an approved Member of the International Association of Registered Financial Planners, the Society of Financial Service Professionals.  As a strong advocate of education, Dave recently spoke at The Michigan Association of CPA’s and is teaching a class at Oakland Community College.

Dave’s latest book, High Tide, A Practical Guide for Affluent Retirees to Protect, Profit and Prosper from the Coming Storm, talks specifically on the important challenges retirees are facing today and some new cutting-edge solutions to address those challenges.  He teaches you in this easy to read book how to take the steps necessary to achieve your successful retirement.

Dave is Managing Member and Chief Compliance Officer of Retirement Resources, LLC, a Registered Investment Advisory Firm. Every year, since 2011, Retirement Resources has been awarded the 5 Star Wealth Manager of Michigan, which is only given to the top 7% of advisory firms.

 

 

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