My Comments: I have very little to add to these excellent thoughts. I have to be careful what I say since I’m not an attorney and there are limits to what I can say. Here and there I’ve added a word or two so you can read this as though it was directed to you …
Continue reading Taking Back Control: Living Wills and Beyond
My Comments: They say money is at the root of all evil, and they may be right, but it’s also at the root of how most of us live our lives, and like it or not, in our society, having more money is considered better than having less money. As a result, I’ve made a …
My Comments: I followed what was happening in Wisconsin as I believed the outcome would be a referendum on how the fall elections might be decided. Now that the recall failed, I’m of two minds; one that huge sums of money coming from a few sources, none of which have to be disclosed, is a …
Continue reading What the Wisconsin Recall Says About the Future of the U.S. Military
My Comments: I’m doing my best to stress that going into debt to pay for a college education is a last resort. When you realize there are millions of dollars available in the form of endowment scholarships from virtually every school, then it becomes a question of knowing how to access that money. The answer …
Nontraditional investments could grow to 10%-15% of mutual funds in 10 years, according to Cerulli My Comment: For at least 18 months, I’ve been including a program featuring “alternative investments” in my client portfolios. The logic behind this is/was to build portfolios that are less likely to tumble when interest rates finally start an upward …
Continue reading Alternatives Growing in Portfolios as Markets Stumble
Some of you reading this are physicians in private practice, and while you justifiably enjoy an exalted position in society, as far as the IRS is concerned, you own some or all of a business enterprise and also enjoy all the risks and rewards that accompany ownership of a tax paying activity. For better or …
10 Nuggets of Entrepreneurship Advice My Comments: Since sometime in the early ‘90s, I’ve served on the advisory board to two magnet programs in the local public school district, one of which is the Academy of Entrepreneurship. For the past several months, I’ve served as a volunteer with SCORE, a national organization focused on helping …
My Comments: OK, this is probably not something you are looking for and may be wondering what the hell I have in mind. But I read this guy’s blog almost daily as there are gems buried here that are worth sharing. One of Tom Barnetts’ themes that he uses to define how our future may …
Continue reading Chart of the day: Fish-stock sustainability index
Thought you might like this message. Tuesday is when I focus on college students and how to pay for college.
My Comments: Last week on Tuesday my blog reflected the comments of a financial advisor recommended by the editor of InvestmentNews. This person, identified as Betty, suggested Stafford loans as a legitimate source of money to pay for college. Her point was that anything was better than invading your pre-tax retirement funds. My comment was …
Continue reading Students Pay Rates as High as Credit Cards on Student Loans
Helping Define Your Financial Future 