How to Avoid Investment Fees

My Comments: The year 1698 saw the opening of the London Stock Exchange at a coffeehouse. Here in the US, it began under a buttonwood tree in New York as the New York Stock Exchange in 1792. Every day since then, stockbrokers have charged fees for their services on behalf of non-stockbrokers. In the roughly …

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Observations About the Federal Deficit

My Comments: Arguments about being debt free have been with us forever. For those of you who understand economics and finance, there’s a need to differentiate between debt as a micro-economic vs macro-economic issue. On a personal level, the micro-economic level, we live finite lives. What we owe or don’t owe, significantly influences how we …

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4 Social Security Myths That Need to Die

My Comments: Again, since today is Tuesday, here’s something about Social Security that needs to be read and understood if you have not yet applied for retirement benefits. And even if you have, if it was in the last 12 months, you get a one-time do-over. Social Security can get really complicated if you let …

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As a Kentucky mill shutters, steelworkers see the limits of Trump’s intervention

My Comments: This is a fascinating, and troubling, article that reveals two things to me. The first is that what we hear and read about at the national level has an abstract reality that as individuals we can usually only experience intellectualy. We may like it or we may hate it, but our response is …

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5 Sources of Retirement Income That Aren’t Taxable

My Comments: I’ve long argued that one way to pay more taxes is with more money. That should not preclude, however, finding legitimate ways to pay less. Just remember there are penalties for evading taxes that far exceed any penalties for avoiding taxes. Also, you should keep in mind what appeared in my blog post …

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The Time Traveler’s Guide To Investing (Part 1)

My Comments: I’ve long appreciated the ideas expressed by Erik Conley. As a retired person, I’m increasingly sensitive to the passage of time and the ever shrinking financial resources my wife and I accumulated to pay for our ‘golden years’. I plan to be ready when he appears with Part II. In the meantime, there …

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3 Ways Bad Health Can Ruin Your Retirement

My Comments: The cost of health care in retirement can be dramatic. Things tend to go wrong as we age, and to the extent you want to maintain your lifestyle after retirement, we’re often faced with unpleasant choices. This is not intended to frighten you. If you’re as old as I am, you have long …

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