My Comments: I hope everyone had a safe and happy celebration to start 2014. With it coming during the middle of the week, my internal calendar is kinda messed up; it seems today has to be Monday. But back to the real world. My first inclination when asked to understand something not readily understood, is …
Continue reading Don’t Fret About Soaring Asset Prices – This Time Is Different
My Comments: Who knew? If I'd known this before, would I have planned any differently? Maybe. By Dan Kadlec Dec. 12, 2013 With a savings crisis so deep that more than half of American adults are unsure they could scrape together $2,000 within a month for an emergency, it may seem tone deaf to worry …
My Comments: Amid all the discussion about whether to raise the minimum wage, or whether it’s in our best interest for ALL of us to have health insurance, and how to keep the Social Security system solvent for the next generation or two, it’s easy to forget how it was before all that happened. I …
My Comments: At last! Someone else who thinks like me with but with better writing skills! This explanation is right on target. For comfirmation of these thoughts, click on the word "risk" just to the left and spend a few minutes watching the presentation. By Roccy DeFrancesco on October 21, 2013 I recently saw that …
Continue reading Why Mutual Funds Can’t Protect Against a Stock Market Crash
My Comments: Yes indeed, let's get rid of ObamaCare and maybe all these guys will love us. Isn’t it time for reality to trump stupidity and for somebody on the right politically to wake up and do something useful for a change? By Allison Bell | September 24, 2013 A big proportion of health insurance …
My Comments: Once again the headlines are about how the far right members of the House of Representatives are willing to fight to cause ObamaCare to go away. We are in a mess and somehow, we are going to extricate ourselves, probably not to the satisfaction of everyone, but whatever is perceived as normal ten …
Continue reading America’s Doctors, Like Wall Street, Need a Cultural Shift
My Comments: If you take the time to read the rest of this article, you’ll perhaps better understand why I’ve taken the position all along that the fuss about ObamaCare is a contrived spectacle by those, mostly those opposed to anything from Obama, who are convinced that the President is a total waste of time. …
Continue reading Premium Increases Under Obamacare May Be Overstated
My Comments: This article strikes close to home for me, a financial professional for many years. If you are a client, or perhaps a potential client, the finger is also pointing at you. I’ve argued in the past that rules about financial professionals being held to a fiduciary standard, the same standard that applies to …
My Comments: I believe the next several weeks are critical for my clients. I’m doing everything I can to reach out to them and attempt to have them make changes. I don’t think we’re likely to have a crash like the one we experienced in 2008, but the volatility will be enough to drive some …
DOW DIPS - Familiar story behind a fall in stocks: fears that the Fed is about to begin a taper off of its bond-buying program. The indexes moved lower as St. Louis Federal Reserve President James Bullard said there could be risk of excessive inflation in the future. Yesterday, Atlanta Fed President Dennis Lockhart lifted …
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