World Economy is Sleepwalking Into a New Financial Crisis.

My Comments: Roughly 30 years ago we were in a recovery phase following the great market crash in 1987. The next decade saw the run up to 2000, which saw massive amounts of money spent on computers and technology. By the turn of the millennium, we had the dot.com bubble, where all that money spent …

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Major US Insurer Says It Will No Longer Underwrite and Invest in Coal

My Comments: This is not intended as a dig at Trump, except to the extent he made pre-election promises that were not economically viable. Bringing back the coal industry to help Make America Great Again was never a rational objective in 2016. As I read this article, my mind went back to my days in …

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World Trade Is Not A Zero-Sum Game

My Comments: I’ve long since concluded that many economic decisions and trade policies espoused and implemented by the current administration are foolish at best and potentially disastrous. I have no idea who they are supposed to benefit. I minored in economics in college and have been professionally involved in the money business most of my …

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3 Possible Outcomes For The Market Now

My Comments: Whether you’re already retired and relying on saved money to pay your current bills, or only thinking about a future retirement and how to pay for it, how the markets behave greatly influences what you do and the peace of mind you have or don’t have. In a way, it’s like a broken …

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Annuities and Retirement

It’s entirely possible Congress will do it’s thing and pass new legislation now known as the SECURE Act. The name comes from Setting Every Community Up for Retirement Enhancement. I wrote about it earlier in July. A key provision of this pending legislation is that it will allow more businesses to offer 401(k) plans that …

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To Pay Fees or Not to Pay Fees?

After 43 years as an entrepreneur in financial services, I now think of myself as officially retired. But that doesn’t mean I’m divorced from what kept me busy those 43 years and provided a living wage. It’s just that my focus today is very different from what it was when I was trolling for new …

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Minimizing Risk in Retirement

Some of you will read this and determine I’m trying to sell you something. To some extent you’re right as I would love to have you enroll in one of my online courses at Successful Retirement Secrets. On another level, I’m interested in helping you come to terms with what you should do with your …

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