What's the Buzz about Bitcoin?

by Dennis O'Keefe on Feb 15, 2018

Over the past few months, we've seen a lot in the news about Bitcoin. Not only do you see it on the news, the Internet is full of the stuff. Most financial sites and apps are tracking cryptocurrency prices. And I can’t scroll through Facebook without at least one ad or ad-pretending-to-be-an-article about cryptocurrencies. Everyone seems to be watching them. But without a basic understanding, it’s all just gobblygook.

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Reflections on 25 years

by Dennis O'Keefe on Feb 1, 2018


“Quality investments since February.”

That was the inside joke my former business partner and I had regarding our new company twenty-five years ago this month. We didn’t have hundreds or even tens of years of experience. This was a new venture.

Prior to forming Successful Money Strategies in 1993, we both worked for a small financial planning firm run out of an insurance office in Back Bay. It was an eye-opening experience.

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Remember Equifax?

by Dennis O'Keefe on Jan 17, 2018

As I promised back in the Fall, I am committed to keeping you updated on any developments regarding the massive data breach at Equifax.

What has happened to plug this breach? Nothing.

Not a single thing.

This isn’t all bad news. No developments means we haven’t seen significant damage from this breach. If thousands of people were having their stolen identities used, we’d hear about it on the evening news. So whomever has the data realizes the massive risk of using it.

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Looking Back at 2017 and Forward to 2018

by Dennis O'Keefe on Dec 29, 2017

Who would have thought, a year ago, we would be here today? After a divisive election gave us an outspoken, often-times crude President-Elect, many suspected his Inauguration would bring back the economic dark times we just came from.

Here we sit a year later. We’ve seen real growth in both corporate profits and GDP. Something most experts didn’t think was possible anymore.

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A Blast from the Holiday Past

by Dennis O'Keefe on Dec 19, 2017


About 20 years ago, I wrote a silly little Christmas poem for our client newsletter. The majority of you have not been clients for 20 years. I thought I would reprint it in light of the Christmas Season upon us.


A Holiday Poem!


'Twas the night before Christmas for this Metro commuter

Nothing was stirring, except for my computer.


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Is Another Real Estate Bubble Happening?

by Dennis O'Keefe on Nov 14, 2017

It has been a decade since the housing bubble began unraveling in front of our eyes.  Mortgages didn’t get paid.  Banks went belly-up.  Property values plummeted – in some places down 50% or more.

It was an ugly time.

The cause was a combination of stupidity.  That’s often the case with major financial disasters.  It isn’t just one thing that brings the system down.  

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Welcoming a New Member to our Team

by Dennis O'Keefe on Nov 9, 2017

I wanted to take a quick moment this week to give a belated welcome to a new member of the Successful Money Strategies team.

Some of you may have called our office and spoke to a young woman by the name of Anna.  Well Anna is Anna O’Keefe, my younger daughter.

Anna is a freshman at UMass Dartmouth working towards her Marketing degree.  She is an avid horseback rider and has a pet snake.  Really!  A pet snake.  I’m not a fan.

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Elections, Proxy Votes and Our General Apathy!

by Dennis O'Keefe on Oct 31, 2017

It’s almost election time again.  

Ugh.  I know.  I know.  If last fall didn’t put you off of politics – regardless of your political affiliation – you are probably a hermit.  

Next week, many communities will be holding local elections for Mayor, City Council, School Committee and the like. I suspect that after last year, the turnout to this cycle will be below average.

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Its OK to be Selfish

by Dennis O'Keefe on Oct 17, 2017

I’m not usually one to say these sort of things, but. . . . . . it’s OK to be selfish.

I don’t mean that you can cut in line at Starbucks or hog all the shrimp at the buffet.  What I am saying is that you should think of yourself first before making big life decisions.

Let me give you a little history first.

Forty years ago, most workers planned on receiving a pension and Social Security when they retired.  On average, the two would give approximately 70% of pre-retirement income.

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Reverse Mortgages – A Savior Of Last Resort Is Getting Worse!

by Dennis O'Keefe on Oct 10, 2017

Reverse mortgages are in for some changes – and none for the better for consumers.

Originally, a reverse mortgage meant that a lender would pay you a fixed sum per month for your lifetime and in exchange, they would place a lien on your home that may mean they just take your home when you pass away.

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