My Comments: Many of us were blindsided by the severity of the pullback that happened in 2008-09. Many of us are still trying to get back to where we were and are fearful of it happening again soon. Some on TV are pushing the idea that it’s just around the corner. It’s not. The chance …
Author: Tony Kendzior, CLU, ChFC - Financial Planner
I've lived happily, raised a family, and enjoyed a professional life in Gainesville for over 50 years. The next several years are full of promise. My goal is to find new clients, new friends and somehow share the wisdom I've accumulated over these many years. And when I have time, play a little golf and travel with my family. Cheers!
The Chief Justice’s Dissent is Heartless.
My Comments: Here are my two cents for one of the decisions made by the Supreme Court last week. As someone completely secure in his own skin, I feel absolutely no threat to my personal well being if same-sex marriage is allowed by law. I say it this way as I can find no rational …
Insurers Backed Obamacare, Then Undermined It; Now They’re Profiting From It
My Comments: Remember those frantic days right after the PPACA was passed? How soon would we see death panels? Could Grandma survive? The world would end very soon. In my writings, I've argued there are five primary stakeholders in the health delivery system here in these United States. 1. Insurance companies; 2. pharmaceutical companies; 3. …
Continue reading Insurers Backed Obamacare, Then Undermined It; Now They’re Profiting From It
Here’s What the Next Recession Could Look Like
My Comments: There is no doubt that both politicians and financial people generate success by evoking fear in those to whom they are talking. Sometimes it’s legitimate, but much of the time its BS designed to persuade you to part with your vote and/or your money. What follows here is consistent with my belief that …
Continue reading Here’s What the Next Recession Could Look Like
5 Dumbest Investing Bets
My Comments: There is a distinction between dumb and ignorant. The second you can fix with mental effort, but the first just happens. Sometimes I wonder if people are born this way or whether they have to work at it. These five ‘bets’ happen often. Many times it’s because someone has “sold” them the idea, …
Connecting the Dots
My Comments: Interest rates change. For the past 35 years, they’ve been on a downward trend, matched only by the down trend from 1861 to 1898. It’s a given that the Fed is going to start moving them up, probably in September. A stream of positive data supports a September rate hike, but summer storms …
A Groundwater Crisis?
My Comments: Jeb Bush may call me intellectually arrogant, and others will think I’m a kook. However, I think anyone hoping to join the elite fraternity of global thought leaders needs to take this very seriously. Imagine the California drought on a global scale. Most of us have little ability to change and survive if …
Bond Crash Across the World As Deflation Trade Goes Horribly Wrong
My Comments: You can call me an alarmist if you like, I really don’t care. We are long overdue for a market correction, from both a stock value perspective and interest rate perspective. If you don’t believe it’s coming, I have some nice real estate just east of Daytona Beach I can sell you for …
Continue reading Bond Crash Across the World As Deflation Trade Goes Horribly Wrong
Flawed Math on Student Loans
My Comments: The staggering level of student loan debt has the potential to sink the economic future of this country. Young families with the debt hanging over them will be less likely to buy a house, to buy a new car, to spend money on consumption items, all of which means economic stagnation. Income earned …
A Dishonest History of the Last War
My Comments: I'm already very tired of this story. But given we are near the start of the next presidential election cycle, it’s not going away. Too bad. Articles like this one serve to improve my bulls@@t meter as I’m assailed by the media and bombasts trying to persuade me they are the ONLY ONES …
Helping Define Your Financial Future 