My Comments: Those of us alive in the 70’s and early 1980’s recall a time when inflation was so high it dominated any economic discussion. Those of us still alive today and getting Social Security benefits enjoy the increase that sometimes happens every year in January. It’s a cost of living adjustment or COLA. In …
Continue reading How Much Will Social Security Benefits Increase In 2018?
My Comments: I teach that investment risk is OK if you also have the ability to manage that risk. That happens if you have the discipline necessary to develop a rudimentary level of financial literacy. Reading these words from James Dennin is a good start. On the right side of this page is a link […] …
Continue reading The Easy Guide to Growing Your Money — Florida Wealth Advisors
My Comments: I teach that investment risk is OK if you also have the ability to manage that risk. That happens if you have the discipline necessary to develop a rudimentary level of financial literacy. Reading these words from James Dennin is a good start. On the right side of this page is a link …
My Comments: To Make America Great Again, the presumably well intentioned mantra for those leading the GOP these days, someone has to overcome ignorance of economics and start paying attention to reality. A positive corporate bottom line is the driving force for a healthy US economy. To reach that goal, we need people willing to …
Continue reading The Danger From Low-Skilled Immigrants: Not Having Them
My Comments: I’ve you’ve not yet signed up to receive your monthly Social Security benefit, this is worth a read. I encourage everyone to try and wait until Full Retirement Age (FRA). The outcomes are likely to be much better. If you claim Social Security early, your checks will be permanently reduced. Consider looking for …
Continue reading Retiring Early? Here’s How to Delay Taking Social Security Anyway
My Comments: As an economist, I’ve talked consistently about the threat to society posed by income inequality. My rantings make zero difference at the national level, where if this issue is not addressed, there will be rioting in the streets. A friend and I talked this morning about the apparent collapse of societal norms he …
My Comments: If you have not already signed up for Social Security, chances are good you will draw the short straw. If you are now getting monthly benefits, chances are you have a longer straw. Me, I have no idea. What we do know is that sooner or later the crisis will become immediate and …
Continue reading Do Social Security Payroll Taxes Need to Increase?
My Comments: Putting money to work for the future is something we all try to do. Our expectations vary all over the map. If you use the past to predict the future, you’re probably going to be disappointed. This is very relevant if we have money sitting somewhere that we plan to use tomorrow to …
My Comments: Every two years, I’m required to complete an Anti-Money Laundering (AML) overview and exam. At the local level, it's mostly about drug money and efforts to turn illegal money into legal money with insurance and investment products. The AML effort has the effect of reminding us about behaviors, questions, circumstances, patterns, etc. that …
Continue reading Russian Oligarchs May Have Used Donald Trump To Launder Money
My Comments: Friends of mine are scared. I’m less so. I want President Trump to be a successful President; our future as a respected state on the global stage is important to me. But I am less confident today than I was last January. Not because of the Russia issue, but because of his apparent …
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