My Comments: The prophet of doom strikes again! No, seriously, the evidence is mounting and the financial pundits are all talking about this. Some of it is the threat of a Trump presidency, which I believe is a real threat. The rest of it is mostly mathematics and economics and history. If you have money …
Continue reading Why A Market Crash Could Be Just Around The Corner
My Comments: A critical percentage of my monthly budget is covered by Social Security. You can argue that it shouldn’t have to be this way and you may be right. But for many millions of us, it IS this way. Society has come to rely on it, and with the way our republic has evolved, …
Happy Trick or Treat Day! For years, I’ve told my kids, my clients, and myself that life does not move in a straight line. There are going to be ups and there are going to be downs and some of them are going to happen when you least expect it. Life is what happens when …
Continue reading When Will The Great Stock Market Crash Begin?
My Comments: Yes, this is only in China. But I grew up when coal was virtually 100% (in England). While China is newly industrialized compared to our status in the world, this headline has huge implications. Also, keep in mind as a Florida voter, to vote NO on Amendment 1. This was promoted by the …
Continue reading Solar Power Capacity Tops Coal for the First Time Ever
My Comments: For me, the glass is always half full. I try to live today and worry only about the future. I am easily irritated by those who live in the past, or try to re-litigate the arguments of history. It’s a waste of time for me as the years count down. You can argue …
Continue reading The World Is Getting Better and Nobody Knows It
My Comments: Some of you are starting to call me tiresome. And you are right; I keep saying the sky is about to fall and it never happens. But ignore me at your peril. Actually, if it only falls 10%, we can all recover quickly and go about our lives once again. But my guess …
Continue reading The Stage Is Set For The Next 10% Plunge In Stocks
My Comments: This comes from, of all places, the National Latino Council on Alcohol and Tobacco Prevention (nlcatp.org). It was written by their chief editor whose name I cannot find. As someone who professes to know the basics about retirement planning, having a good understanding about paying for medical care as your life plays out …
My Comments: The actual title that caused me to read this article follows my comments. Since man began gathering in tribes, society was to some extent defined by the jobs it’s members performed and how that justified their existence in their tribe. It’s just a lot more sophisticated these days. Jobs change over time; no …
My Comments: OK, I’m not a CPA and I’m talking about a tax matter. Please don’t call the FBI on me. If you have money in an account and it it got there before income taxes were applied to the money you earned, it’s known as a “qualified account”. Simply put, it “qualified” for special …
Continue reading Calculating Required Minimum Distributions From a Tax-Qualified Retirement Account
My Comments: Clients ask me what is likely to happen to their investments if Donald achieves the White House. Frankly, I have no idea. You might as well ask me what I’m having for lunch next Monday; I have no idea. But his candidacy and his expressed values will influence how he might think and …
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