3 Investing Myths That Can Ruin Your Retirement

A good friend of mine loves to cite this quote often attributed to Mark Twain: “It’s not what you know for sure that gets you in trouble. It’s what you know for sure that just ain’t so.”

Retirement saving and investing are similar. It’s easy to fall into retirement strategy beliefs that “seem” to be true. Be sure not to fall victim to the following myths about retirement.

Myth #1: When it comes to investing for retirement, investment choice is more important than how much money you invest. 

A whopping 66% of 1,000 people recently surveyed believe that what you are invested in (stocks, bonds, mutual funds) is more important than how much you invest.

While investment choices are very important, the amount you’re able to save has the greatest impact on your retirement success.

A diversified portfolio with an asset allocation appropriate for your risk tolerance and time horizon does matter. But if you’re not saving enough, even the best investment won’t help you achieve a successful retirement.

The chart below shows how saving more adds up over time. The portfolios with higher deferral rates can result in a larger balance, even when the asset allocation is more conservative.

 When does the investment choice make a significant difference? When it’s extreme. For example, a young investor may think he’s playing it safe by investing primarily in cash. Or a retiree, who is spending from her portfolio, may be invested too aggressively without shock absorbers.

Myth #2: A 50 year old shouldn’t put any of his or her retirement money in stocks, because stocks can lose money.

Sure, stocks can lose value, but they also generate the highest growth potential over the long term. Having all your investments in cash (or under your mattress) won’t keep pace with inflation. Bonds play an important part in your portfolio and tend to be the least understood by investors.

It’s important to have a balance of stock and bond investments that can address different risks and, at the same time, provide growth potential and help sustain a retirement that could last decades. While bonds help to dampen the short-term swings in a portfolio, stocks provide the long-term growth potential needed to keep pace with inflation and help your money last throughout retirement.

Myth #3: Saving 6% of your income toward retirement each year will give you enough money to retire at age 65.

That’s probably not enough.

For most of us, retirement will be funded by Social Security benefits and our personal savings. We recommend saving at least 15% of your salary (including any employer contributions) in order for those savings to carry you through a retirement that could last decades.

Source: http://www.forbes.com/sites/judithward/2017/03/24/3-investing-myths-that-can-ruin-your-retirement/ on – 24 Mar, 2017 By Judith Ward

How To Win Big Investing In The Space 2.0 Boom

Space 2.0 is upon us! But how should we think about operating and investing in it?

Back in January 2016, space research institution, The Tauri Group, illustrated the recent surge of funding into Space 2.0 ventures. “Venture capital investment totals $2.9 billion with 80% being invested in the last five years.” Some of the largest venture rounds occurred in 2015: SpaceX’s $1.0 billion Series E and OneWeb’s $500 million Series A.

Yet early in 2017, Softbank announced that it would invest $1.7 billion into OneWeb as the company merges with legacy satellite company, Intelsat, for a combined valuation in the tens of billions should regulations and debt holders comply.  This is immediately after OneWeb raised $1.2 billion from Softbank this past December 2016.  

Through my experience in the venture business investing with DFJ, Rothenberg Ventures, and as an angel investor, I have been fortunate to invest in a broad range of space companies including SpaceX, Planet, Ursa, Worldview, Boom, and RBC Signals.  I’m also a consultant with CASIS, which was chosen by NASA in 2011 to manage, promote, and broker research on the International Space Station (ISS) U.S. National Laboratory capable of benefitting life on Earth. Their mission to maximize utilization of the ISS National Lab (CASIS receives not less than 50% of the U.S. research allocation for the ISS, with NASA receiving the remainder) combined with the opportunity to meet a myriad of entrepreneurs active in Space 2.0 has provided me with a unique perspective into this emerging investment opportunity.   

As investors, how should we think about the opportunities in space?  This question is particularly timely in the wake of the OneWeb deal and Google selling their satellite company Terra Bella to Planet earlier this year.  Planet also made history by launching the largest microsat payload of 88 micro satellites this past Valentine’s Day.  Their constellation of 149 satellites is the largest ever operated by a commercial entity.  The earth observation market consolidated even further this past February with the $2.4 billion acquisition of DigitalGlobe by Canadian space company MDA.  These events among others have catalyzed interest in space by the VC community. 

With these recent developments, what opportunities lurk ahead?

Let’s begin with a commonly understood investment architecture.  The dynamic enterprise technology framework of today reflects the same investment dynamics available in Space 2.0.  By studying the evolution of enterprise technology, we can extrapolate how the Space 2.0 ecosystem will likely create value for VC investors.

Enterprise Stack

Numerous enterprise investors have done an exceptional job articulating this new cloud enterprise stack.  Billion dollar companies have been, and will continue to be created at all layers of this stack.  This succinct framework, comprised of infrastructure and application layers, goes something like this, bottom to top:

  1.  Cloud Infrastructure (distributed computing, databases)
  1.  Data creation and connectivity (connected sensors to unlock data)
  1.  Machine intelligence (insights gleaned from proprietary datasets across verticals/industries)

With 90% of the world’s data created in the last two years, according to IBM, this enterprise framework plays a critical role in harnessing, understanding, and commercializing this data.  Copious “pixels and bits” come online as more photos and videos are created and widely-shared.  

It’s these pixels that contribute to the burgeoning opportunities in space for investors.  Let’s look at how.

Space 2.0 Stack

Moore’s Law and cloud computing advances have engendered a revolution for space – referred to as Space 2.0 or “newspace.”

We now have a proliferation of inexpensive, feature-rich microsats that have unleashed multitudes of proprietary data that is used for a variety of applications, with earth observation being the key structural theme.  Microsats represent a disruptive force in the space industry as they have faster innovation and deployment cycles in addition to much lower cost structures (below $100,000 to build vs tens to hundreds of millions depending on payload).  Small satellites have sub classifications ranging from <0.1kg (called “femtosats”) up to 500kg (called “minisats”), according to Keysight Technologies.  The early success and exciting future ahead for these microsats in part drives the space opportunity.   In terms of magnitude, SpaceWorks estimates that over 3,000 microsats will be launched between 2016 and 2022.  Only roughly 130 were launched in 2015.

First, what does this investment opportunity look like vis a vis the enterprise stack?

  1. Enabling infrastructure and support services for microsats

Similar to the enterprise infrastructure layer to support new applications, novel enabling technologies have emerged to support the space 2.0 ecosystem.  

From high accuracy debris tracking to communications and launch providers, an ecosystem of support for Space 2.0 has emerged dedicated to helping build the space economy. Launch providers are innovating to bring down the cost per kg ($/kg) to bring assets to space. Rocket Lab, for example, recently raised a $75m Series D led by Data Collective elevating the business to over a $1 billion valuation.  With a robust backlog of customers, they are building a rocket called the “Electron” to carry payloads of microsats into orbit.  

Additionally, RBC Signals provides “infrastructure as a service” to the space economy by aggregating ground stations enabling communications for satellite operators.

Source: http://www.forbes.com/sites/valleyvoices/2017/04/04/how-to-win-big-investing-in-the-space-2-0-boom/

On – 04 Apr, 2017 By Valley Voices

DEBT – A Four Letter Word That Could Ruin Your Life

We all know that too much of a good thing isn’t good for you. Too much debt isn’t good for you either – but neither is too little debt. When you’re in debt to the point that you can’t make payments on time and your credit score tanks, it can make your life miserable.

Some necessities, such as a home in which to live or a car to drive to work and back, may not be available if your credit score is low. If you have no credit at all, these things could also be beyond your grasp.

The best path to follow when it comes to debt is to build your credit so your score is high, but always have the ability to pay cash for anything you might purchase – except for high-dollar items such as a house or car.

Creditors look at credit card debt as bad debt because you’re only required to make a minimum monthly payment on what you owe. You can keep using your card until the balance is maxed out and that looks bad on your credit report.

Think again if you consider credit card debt as good debt because you don’t have to pay for your purchases right away. You could end up spending more than you have the ability to pay back as interest charges are incurred and you get in trouble fast.

When you begin to have trouble paying your bills, you’ll also begin to get notices from creditors for the balances you owe or they might be turned over to debt collectors. You may even become rightly concerned about losing your house or car if you can’t make the payments on time and penalties and interest keep climbing.

Losing your job or meeting a financial crisis such as health problems can turn your financial situation upside down and you may find it an overwhelming task to dig your way out.

Rather than ignoring your situation and letting the debt problems become worse, take steps to get yourself out of the mess by being realistic. Help yourself by cutting unnecessary spending, creating a budget and sticking to it. You may also want to consider debt consolidation or debt relief such as debt settlement or credit counseling.

Bankruptcy may become an option when you’ve tried everything, but still are mired in debt. If you’re experiencing a level of debt and other problems such as loss of a job or medical situation which requires immediate payment, bankruptcy may be the best option.

When you are finally free of debt, it’s time to rebuild your credit. For this, you have to have discipline and never again let yourself be swayed by credit card and loan offers that will simply put you back in debt and keep your life in chaos.

Lodgepole Fund No. I, LLC’s John Simonse Continues Streak of Strong Returns with 7th Consecutive Year of Double-Digit Net Returns

CONCORD, Calif., March 27, 2017 /PRNewswire/ — Lodgepole Fund No. I, LLC just closed out its seventh consecutive year of 10+ percent net returns, attributing its consistent performance to strong and experienced management and employees.

“This is the seventh consecutive year that Lodgepole Fund has earned a net return of over 10 percent for its Members,” says John Simonse, President of LHJS Investments, LLC, and one of the Managing Members of Lodgepole Fund No. I, LLC.

Simonse went on further to explain, “Most real estate loan investment funds return at most 6-7% net to their Members. The fact that Lodgepole Fund has returned over 10% for 7 years running is nothing short of extraordinary.”

When asked how Lodgepole Fund was able to complete this feat, Mr. Simonse stated, “We have a very strong management team and a very strong staff who have been with us for over 10 years. What is really amazing is that over this time period we have also not had one foreclosure of a loan.”

Asked how an individual could invest in Lodgepole Fund, Mr. Simonse stated, “Right now the Fund is closed to new Members. However, we will be looking to raise new capital this summer.”

About Lodgepole Fund No. I, LLC

Lodgepole Fund No. I, LLC has been providing construction and development loans to builders and developers in California since 2010. Lodgepole specializes in providing construction loans for high-end residential homes.

About John W. Simonse

John Simonse has been actively involved in the development and investment in Real Estate in the San Francisco Bay Area for nearly 40 years. He has personally overseen the funding and management of over $1 billion in loans and development projects. Currently Mr. Simonse actively manages a portfolio with a value of over $200 million, which includes three real estate loan investment Funds.

Mr. Simonse graduated with highest honors from the United States Merchant Marine academy with a Bachelor’s of Science degree in Marine Engineering. His father, Herman Simonse, was a renowned real estate developer in New Jersey, who just recently retired at the age of 86! John Simonse followed in his father’s footsteps by buying his first property at the age of 20.

After graduation from the Academy, Mr. Simonse worked for the Department of Defense and was a lieutenant in the United States Naval reserve for 10 years from which he was honorably discharged.  Mr. Simonse also worked in the U. S. Merchant Marines, where he sailed on cargo ships to over 65 countries and attained a United States Coast Guard license of Chief Engineer of Steam, Diesel, and Gas Turbine Engines of Unlimited Horsepower. After retiring from the Merchant Marines, Mr. Simonse concentrated in real estate and formed his first real estate Investment fund in 1999.

Mr. Simonse has been successfully managing real estate investment funds and development projects ever since. He currently resides in Danville, CA with his wife Annie and their brood of 6 children.


John W. Simonse
Lodgepole Fund No., I, LLC
Phone: 925-603-0433
Email: 152041@email4pr.com
Website: http://lhjsinvestments.info

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lodgepole-fund-no-i-llc-continues-streak-of-strong-returns-with-7th-consecutive-year-of-double-digit-net-returns-300429367.html

One in Four Americans Have Been Victims of Healthcare Data Breach

26 percent of Americans have had their medical info stolen, and get this — half the victims had to pay an average of $2,500 in out-of-pocket costs per incident!

What a crock…

One in four Americans (26%) have had their medical information stolen, and these breaches can be quite costly, according to recent research from Accenture. Half the victims had to pay an average of $2,500 in out-of-pocket costs per incident.

The Accenture 2017 Healthcare Cybersecurity and Digital Trust Research, which surveyed 2,000 U.S. consumers, found that hospitals accounted for 36% of these breaches. Urgent care clinics (22%), pharmacies (22%), physician’s offices (21%) and health insurers (21%) rounded out the list.

Among those who experienced a breach, 50% were victims of medical identity theft. Information taken in the breaches included social security numbers (31%), contact information (31%) or medical data (31%). This stolen information was most often used to purchase items (37%) or used for fraudulent activities, such as billing for care (37%) or filling prescriptions (26%). Unlike credit card identity theft, where a card issuer has a legal responsibility to cover losses above $50, medical identity theft victims do not have an automatic right to recover losses.

Source: One in Four Americans Have Been Victims of Healthcare Data Breach