Volatility Not Markets’ Fault And It’s Not Going Away

  By Tom Steinert-Threlkeld The volatility seen in stock markets this year has been high. And it will continue. But it may not be that unprecedented, according to Joseph Mecane, chief administrative officer for U.S. markets of NYSE Euronext. Take August, he told professionals gathered at the Marriott Marquis hotel in New York for the …

Continue reading Volatility Not Markets’ Fault And It’s Not Going Away

Fidelity: 401(k) Balances Drop 12% in 3Q

(I don’t know about you but I’m getting really tired of all the woe and gloom that pervades our lives. At first glance, this post is much the same. But if you get to the end and have time, watch the presentation I created by clicking on the last line. For me its a ray …

Continue reading Fidelity: 401(k) Balances Drop 12% in 3Q

Obama Health Care Law Has Unexpected Beneficiaries

WASHINGTON (AP) — Some of the money from President Barack Obama's health care law is flowing to places you might not expect. Two Texas public employee programs are among the top 25 beneficiaries of a $5-billion fund to shore up employer coverage for early retirees, despite Texas Gov. Rick Perry's vow to repeal what Republicans …

Continue reading Obama Health Care Law Has Unexpected Beneficiaries

A Cornucopia of Republican Turkeys

(A few days late but you'll get the point. TK) By Jurek Martin Never in the 390 year history of Thanksgiving in America have so many turkeys been roaming the land. Unfortunately, most of them are political – Republican presidential candidates gobbling nonsense, the congressional super committee that failed to carve up the debt bird, …

Continue reading A Cornucopia of Republican Turkeys

Market Insights and Weekly Recap

A slight change in format here. In addition to the weekly Capital Market Insight that comes from Curian Capital, I've found another good summary that comes from J.P.Morgan. Here are links which, assuming they show up each week, I plan to make available to you if you simply click on the respective links below. Call …

Continue reading Market Insights and Weekly Recap

Best 7 Business-Advice Books for Entrepreneurs

Business self-help books line the shelves of bookstores, but picking the right one that will actually change an entrepreneur’s working strategy can be tough. In a special report Monday on small business, The Wall Street Journal asked seven entrepreneurs and business academics about which self-help books were truly helpful either in getting a business off …

Continue reading Best 7 Business-Advice Books for Entrepreneurs

Happy Thanksgiving!

In our family, Thanksgiving reigns supreme. For the past several years, ever since the death of my mother-in-law, Thanksgiving has arrived at our house. My wife is the eldest of five children and all of them, along with spouses, children, grandchildren, dogs and various other friends and their relatives appear at our house. As an …

Continue reading Happy Thanksgiving!

Why Your Tax Bill Might Surge Next Year

The basic ideas in this post come from Bob Jennings and were published November 07, 2011 on foxbusiness.com You may not have a good idea what your income tax future will look like in 2013 if Congress fails to modify the existing tax rules. Many people have no idea what tax breaks are expiring this …

Continue reading Why Your Tax Bill Might Surge Next Year

What Does Retirement Really Cost? – Part III

What we’ve talked about in Part I & II is a basic application of the time value of money, given today’s interest rates. So, is it time to take up boozing, smoking and to hell with the exercise bike? Maybe. As a financial advisor, I can provide you with reams of data that suggest, over …

Continue reading What Does Retirement Really Cost? – Part III

Famous Quotes as We Approach the End of 2011

“Man will never reach the moon regardless of all future scientific advances." -- Dr. Lee DeForest, Father of Radio & Grandfather of Television. "The bomb will never go off. I speak as an expert in explosives." - - Admiral William Leahy, US Atomic Bomb Project "There is no likelihood man can ever tap the power …

Continue reading Famous Quotes as We Approach the End of 2011