My Comments: Once again, the question of a market crash raises its ugly head. And once again, no one has a clue when it will happen. And once again, as I tell my clients and prospective clients, it really doesn’t matter if you have your money where it can grow regardless of when and how …
Continue reading Stocks Will Rise And The 3 Trades You Can’t Make
My Comments: The blogosphere and financial press is increasingly filled with questions and presumed answers about the amount of time since the last market correction. The focus of each writers attention is to suggest doom is imminent or doom is not imminent. Personally, I have no idea when the next crash will happen, just that …
My Comments: Math was not and remains not one of my strengths. But I understand this part. If you are younger than I am and have an opportunity to put some money to work, you need to push the envelope and make it happen. Whether you do or not, the price you pay for stuff …
Continue reading These 3 Charts Show The Amazing Power Of Compound Interest
My Comments: More than once a week, I have conversations with a client, or prospect or someone I run into, who are gloomy to the point of absurd. There is a pervasive expectation that life will be miserable going forward. I suppose it’s a natural phenomenon, but I don’t share it. That it will be …
Continue reading US Economy: Misaligned Policies to Blame, Not Structural Flaws
My Comments: A disclaimer here: I’m not an attorney. But Ike Devji is and I’ve followed him for some time and his writings are relevant and make sense. I’ve recently been involved in some discussions with physicians and business owners about life insurance. Their questions and criticisms almost universally reflect an ignorance about the topic …
Continue reading What is an ILIT? Why Doctors and Business Owners Should Consider Having One
My Comments: The writer has a powerful message to send. He was right about this back in 2008 but that doesn't mean he's right this time. I have clients and prospective clients asking when the next downturn is going to begin. And yet there are many articles that suggest it’s still a long way off. …
My Comments: So, just how much is $100 Trillion? Can you say "A lot!"? What’s equally mind boggling to me is that in 1967 ( or maybe it was 1966?) I built a house for myself and my wife. In those days I acted as my own general contractor. Back then, I could also dig …
Continue reading Powered by the U.S., Global Assets Forecast to Hit $100 Trillion
My Comments: Professionally, I live in the world of finance and investments. Regulation is pervasive, most likely increasing, since there is a pervasive threat of abuse by the big players. I think it would help all of us to have a level playing field, including individuals, corporate America, and society as a whole. I cannot …
My Comments: How many of you remember the inflation numbers from the late 70’s? 12% comes to mind. And was that ever exciting and frightening. Since then, the people who pull most of the strings have been sensitive to this and have taken steps to keep inlfation under control. The other extreme from high inflation …
My Comments: From time to time we see predictions about all sorts of things. But as time passes, they fade into oblivion and rarely do we consider whether any of those predictions came to pass. We give great credence to those who make those predictions since they usually appear in print, or on television, and …
Helping Define Your Financial Future 