My Comments: Yesterday, President’s Day, was all about memories and things past. Today, we’re back with a somewhat esoteric idea to help you grow and keep your money. Much of the talk in Washington these days is about income inequality and how much the 1% make each year. For some of us in the 99%, …
Continue reading 5 Key QLAC Rules to Help You Defer Taxable Income
My Comments: First, a DISCLAIMER: I am NOT an attorney and it would be best if no one accuses me of practicing law without a license. There’s an ongoing issue about this in Florida right now. But I do get asked questions about trusts and it helps to have a little basic knowledge. I also …
My Comments: Followers of this blog know my reasons for wanting to keep the PPACA in place, mindful of the need for a lot of modifications. What you may not know was about 40 years ago I cut my teeth in the insurance world selling individual health insurance policies. My market was staff and faculty …
My Comments: I did not serve in the military; I failed my draft physical way back in 1959. They gave me a 1-Y classification that said ‘only in case of national emergency’. I don’t think I was upset since by then I was a freshman at the University of Florida and VietNam was looming on …
My Comments: With the GOP now controlling the House and Senate, there is increased talk about threats to the Social Security system. After all, this is a socialist program, designed to help the financially weakest among us. I’ve long maintained that small tweaks, similar to what Congress has already done some 20-25 years ago, will …
My Comments: As a financial advisor for almost 40 years, you’d think by now I would have this all down cold. That I’ve survived in this profession suggests I have at least a reasonable understanding of how “investing money” is supposed to work. Either that or I’m very good at talking people into doing dumb …
My Comments: I claim no authority on this topic. However, because I often work with physicians, I’m very aware of the pressures that apply to the profession. There are many issues on which no individual has any control, one of them the apparent erosion of the profession in terms of college graduates not seeking admittance …
My Comments: There are relatively high taxes on the sale of gasoline at the pump where I live. In spite of this, we are almost at the $2.00 per gallon level. As I’ve mentioned before, this is both a good thing and a potentially bad thing. The bad is that money invested to bring us …
Continue reading Current Oil Price Decline May Set Stage For Price Spike And Global Recession
My Comments: I received my undergraduate degree in 1963, which was a long time ago. I had a part time job and my parents covered the rest. Selfishly, I never even thought about any sacrifice they might have been making. It was never an issue. Since then, I’ve spent most of my adult life in …
My Comments: I’ve spoken before about how uncomfortable I get with the increasing divide between the haves and the have nots. That it is real is evidenced by a TV show that features this very idea. What I had not thought about before this was another disturbance in the force between generations. In my generation, …
Continue reading House Price Rises Give Birth to Generational Inequality
Helping Define Your Financial Future 