My Comments: We long ago decided as a society that letting huge swaths of our population, the elderly, suffer and die early was not in our best interest. This premise has been part of the fabric of every society for millions of years. In the 1930’s it was decided that it was not enough to …
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!
It’s Bubble Time!
My Comments: I’ve been around long enough to have experienced some bubbles in the markets and they’re not pretty. Especially the one in 1987 when my colleagues and I stared at each other in disbelief as our money and that of our clients disappeared in a cloud of dust. We’re due for another. And while …
The US Is Going Through a Profound Demographic Shift That Will Affect Everyone
My Comments: Our economy is dying. And it has nothing to do with Republicans or Democrats. It has to do with demographics. A solution is to encourage immigration, a source of new people to add to the labor force, buy homes, buy cars, buy groceries, buy insurance policies, and everything else normal people do. Yes, …
Continue reading The US Is Going Through a Profound Demographic Shift That Will Affect Everyone
Why Huge Chunks of the Health Care Industry Hate Ryancare
My Comments: I’ve posted extensively over these past 5 years about the ACA and the health care industry in general. I’ve watched, as a person involved in selling health care insurance these past 40 years, the confounding annual increases in the cost of healthcare to the point it would overwhelm our GDP if not checked. …
Continue reading Why Huge Chunks of the Health Care Industry Hate Ryancare
The 5 Worst Possible Shocks To The Economy; From Washington, D.C.
My Comments: Fixing what ails us ain’t going to be easy. Especially when the two political parties are more intent on having the other fail than doing what we hired them to do in the first place. My future is limited while that of my children and grandchildren has decades to run. Economics, despite it …
Continue reading The 5 Worst Possible Shocks To The Economy; From Washington, D.C.
RIP The Affordable Care Act. Maybe.
My friend Bill Goodman wrote this and posted it to his Facebook page. My thoughts about what he wrote follow his comments. Approximately 50 percent of the students in Alachua County come from households that qualify them for free or reduced lunch services. Most of these students’ parents are employed and work one or more …
Social Security Taxes
My comments: Social Security is under threat. It’s running out of money. Sort of. Back in 1983, under President Reagan, Congress made some changes as, like now, the future of the program looked cloudy. They increased the age at which you qualified for full benefits, they increased the percentage of earned income you paid into …
Investment Test
My Comments: I have no idea where the following came from. I found them in my archives and decided the respective statements and explanation are still very relevant. And besides, today is Monday and that’s when I post stuff about investing money. My apologies for not being able to correctly attribute this post. Which investment …
‘He’s a Performance Artist Pretending to be a Great Manager’
My Comments: I really want 45 to be successful. The health and welfare of my children and grandchildren depend on it. And I really don't want the never ending distraction now caused by, first, his apparent incompetence and secondly, by the constitutional crisis that will result if he fails. I find him intellectually lazy. Yes, …
Continue reading ‘He’s a Performance Artist Pretending to be a Great Manager’
5 Ways to Protect Your Money in Retirement
My Comments: OK, #5 may be a bit of a stretch for me. I’ve had a black thumb all my life; anything I plant dies immediately. There are now millions of us in retirement, or what for some of us is semi-retirement. And whether you believe it or not, the rules underlying economics and finance …
Helping Define Your Financial Future 