My Comments: Sooner or later, the penny will drop. Joe Ciolli \ Jul 30, 2017 To a growing chorus of strategists and investors across Wall Street, the stock market looks like it's headed for a rude awakening. Their mounting pessimism comes at a time when US equities are looking healthy, at least on the surface. …
Continue reading Wall Street is sending huge warning signs for stocks
My Comments: Some of my friends continue to decry the notion of socialism. They seem to equate it with communism, a very different animal. It’s too bad they haven’t yet figured out that it’s not a rejection of capitalism. For me, because the word has accumulated so many negatives, not unlike the Confederate flag, I’ve …
Continue reading GOP confronts an inconvenient truth: Americans want a healthcare safety net
My Comments: I find the parallels uncomfortable. There's also the truism that includes the words "... are doomed to repeat the past". The new White House Communications Director, is, by definition, expressing the ideas of his employer. His message, to me, is very similar to those expressed by his counterparts in Germany in 1937, despite …
My Comments: Financial illiteracy is a huge problem. But many people have no idea it applies to them. The other day I was trying to explain something to a widow in her 70’s and it was like talking to my six year old grandson. People should be exposed to the markets. But they need to …
Continue reading How do I safely invest my retirement savings for growth?
My Comments: I consider income inequality the greatest existential threat to our democracy. It manifests itself as a shrinking middle class in these United States. It has the potential to erode what we think of as rational and peaceful co-existence among nations globally. It’s what continues to drive the tensions and conflict in the Middle …
Continue reading The Business Case for Fighting Growing Inequality
My Comments: Brian Stoffel has identified 3 critical elements for everyone not yet retired and receiving Social Security benefits. And they are not just about money and the role it plays in people’s lives. I could point out some flaws in his arguments, but the message is real. Brian Stoffel | Apr 17, 2017 You …
My Comments: The article below comes courtesy of a writer by the name of General Expert. He/she/they write extensively and appear on an investment news feed I follow called Seeking Alpha. You'll have to draw your own conclusions about the message but I, for one, find it interesting and informative. Here’s a link to the …
My Comments: There is far more at stake here than making Trump become relevant again. Apart from my personal, visceral fear that we’ll find ourselves in another brutal and painful war, the standard of living across these United States is eroding. Unfortunately, that erosion is like watching a car rust. It can sit in your …
Continue reading Trump Cannot Make America Govern Itself Again
My Comments: More and more people have Roth IRA accounts. A common question about retirement is whether to draw money from their Roth IRA first or take money from their non-Roth retirement accounts first. It depends. Any money not yet taxed is going to get taxed. Period. The Roth IRA money comes out tax free; …
My Comments: The last time interest rates started moving upward in a long term up trend was 1946. This lasted until 1981. Then they started moving down again. Now, 36 years later, they have once again started upward. The central bank, known as the FED, started moving them back up about a year ago. Granted, …
Continue reading Rates Won’t Skyrocket, So Ignore the Cassandra Chorus
Helping Define Your Financial Future 