My Comments: This morning I had breakfast with an old friend and among his questions of me was what was going on with the stock market. My short answer was that it was expensive, which means there is growing downside potential, but that it was going to keep running up for a while. His response …
Continue reading Yardeni Sees Bull Market Intact As Roubini, Mauldin Surrender
I’m sure you are sick of this issue, regardless of your point of view. I know I am. But like it or not, it’s not going away. The latest hooha is about some folks whose coverage has been cancelled. As a long time insurance professional, I can tell you this happens all the time. It’s …
Continue reading AFFORDABLE CARE ACT FOR SMALLER FIRMS AND SOLE PROPRIETORS
My Comments: Some of you may find it confusing when I say I want a viable Republican Party, one that will field candidates for elected office that have a chance of winning. Partly it’s because I believe in the two party system and partly because I think the Democrats could be as dangerous to the …
Continue reading Republicans Need to Stop Scrapping and Change Course
My Comments: I've recently said that I hope and expect to have at least 3 to 5 more years of productive life left in me. I've tried sitting around trying to be "retired" and I don't like it. I would enjoy it more if perhaps I was living in the south of France, but then …
Continue reading 65? 70? 80? What’s the Real Retirement Age These Days?
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
Since I have grey hair, my clients tend to also have grey hair. And among our concerns is how bills will get paid as time marches on. Social Security and Medicare are lifesavers for many people as financial and health threats continue to surface. But there is much more at stake than social programs sponsored …
My Comments: This article is from someone who writes extensively about the financial world, in which I live every day. It comes from Bob Clark, ThinkAdvisor Editor-at-Large Investment Advisor Magazine. Whenever those in charge, be they politicians or corporate CEO’s, refuse to accept facts that tend to refute the status quo, it usually pays to …
Continue reading NFL, Concussions and Brokers: The Dangers of Denial
My Comments: Well, not really magic, but what you see might be magical. This is not a profound commentary on the state of government, or investments, or of the world, etc. But it might amuse you for a few minutes, which you can perhaps benefit from. You will find clocks that reveal almost everything, including …
My Comments: An area of expertise that I claim, involves a topic known as “captive insurance companies.” This concept applies to successful small business owners and the companies they own. These folks are in the news a lot lately because they get talked about in the context of the Affordable Care Act and what some …
My Comments: I have no clue how this is all going to play out. My background in economics and finance tells me that no solution, for an extended period of time, will have bad consequences. But sooner or later, those in charge (?) will arrive at something that will make this go away, at least …
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