My Comments: I’m relatively powerless as I'm just one of almost 333M people now living in these United States. But I have a voice and at least a few people read my blog posts. What appears below appeared as my post on June 2, 2017, about 6 months after Donald Trump assumed office as President …
Category: Economy & Markets
Climate Change is Fueling the US insurance Problem
My Comments: Many here in the US continue to deride those of us who believe climate change is real. Much of that is political and to the detriment of all of us. My family lives in Florida and while our insurance rates have not increased to the extent described below, they have gone up. The …
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Climate change altering U.S. in profound ways, major report finds
My Comments: Rarely does a week pass than I’m reminded of the world I’m leaving behind for my children and grandchildren. It’s frustrating and too easy to ignore since I, like you, are but a drop of water in the bucket of humanity on our fair planet. I’m increasingly aware of the problems I’m leaving …
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$2 million spent sight unseen for coal mine later revealed to have maybe $37 billion worth of Rare Earth Elements
My Comments: This has absolutely nothing to do with retirement planning or how to invest and manage your money. But I find it compelling, given that my life expectancy is far shorter than that of my children and grandchildren. I decided to share it with those of you who may have similar observations about how …
The Truth About The Economy That You’re Not Hearing
My Comments: Let me first acknowledge I have a profound respect for Robert Reich. His expressed ideas have always resonated with me and yes, he’s a Democrat, as am I. What follows is relevant these days given both the political environment we live in and the uncertainty about the economy and the investment markets. I …
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Republicans are the real party of socialism in America
My Comments: As I write this, there is an urgency for Congress to solve the need to continue paying our Federal bills without declaring bankruptcy. We can argue the Federal deficit is a threat going forward. But to assert all of this is caused by the Democrat's unwillingness to cut programs that allegedly help Americans …
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8 Facts You Need to Know About Stock Market Corrections
My Comments: Virtually every employed person in the US has some expectation of getting older and having to survive on resources accumulated over the years. A great many of them have money accumulating in retirement accounts that to some extent depend on continued advances in the stock and bond markets. It’s very easy to go …
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Why The Stock Market Is Poised To Disappoint For A Decade Or Longer
My Comments: I've been accused by some readers as being completely out of touch with reality. It's largely because my experience with markets over the past 50 years suggest the market performance over the past 6 months is divorced from reality. Meanwhile the market keeps showing signs of both optimism until it isn't. In my …
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The House of Cards is Ready to Collapse
My Comments: I make no claim to being clairvoyant. I can assert, however, that until recently, I spent 45 years as a self-employed professional in financial services and have a basic understanding of how the investment markets work. What many observers miss when commenting is that those of us who are retired don't have decades …
The Stock Market Flood Gates May Have Just Opened
My Comments: As I write this Tuesday morning, early trading suggests what happened last Thursday and Friday is continuing. I have no idea where today will end or whether we're looking at a dramatic fall. I wouldn't be surprised if it continues this week and next. All I can say is good luck and don't …
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Helping Define Your Financial Future 