Ideas with no specific focus
My Comments: I’d much rather be talking about something positive and fascinating since it’s Friday. But reality is rearing it’s ugly head once again. I’m almost 75 and have had no LTC event in my personal life. Of course, now that I’ve said that, there may be one just around the corner. But for all …
Continue reading How the Long-Term Care Insurance World Is Changing
By Tony Kendzior, July 1, 2016 I’m talking about all of us mortals and what we need to pay our bills and live our lives. What follows are my thoughts and some hints to help you answer this question. It’s intended to help you define your financial future with the certain knowledge that in our …
My Comments: Over the past few years, I’ve developed a very cynical attitude about capitalism and the free enterprise system that is our economy. I have no issue with the idea that people are legitimately incentivised by the opportunity to make money. But every society from the earliest days of civilization has imposed rules on …
My Comments: I have real respect for this global stock and bond market analyst. My expectations are that volatility will continue, providing opportunities for those whose investments can take advantage of frequent swings back and forth. He suggests there is no reason for woe and gloom in 2016. We’ll have to wait and see. January …
My Comments: Most of us have learned to live with uncertainty about things over which we have no control. Inflation is one of those things. Learning how to manage what little I can control starts with understanding the forces at work as much as possible. People who live on a fixed income, or depend on …
Continue reading Inflation Will Be the Biggest Economic Story in 2016
My Comments: In the past months and years I’ve featured the comments of Scott Minerd, the Chairman of Investment and CIO of Guggenheim Partners. This organization is not big, relatively speaking, as they ONLY have about $250 billion under management. (I could live very well on a tiny fraction of what that amount earns every …
My Comments: This was written before the events in Paris last weekend. They have changed the landscape for this analysis. None of us has any memory of Europe as it was at the start of the last century. Some of us have memories of the many nations that survived the depths of World War II. …
Continue reading Enlargement and the Euro are Two Big Mistakes That Ruined Europe
My Thoughts: If you’re not 65 and on Medicare, read no further. Maybe. My wife and I are both signed up for Medicare, a Medicare Supplement plan and Plan D, which provides prescription drug benefits. Each year there is an open enrollment period which allows you to switch or confirm the best plan for you. …
My Comments: It's easy to get upset by what is happening to the stock market, the bond market, and trying to make sense of it all. You either quit thinking about it or try to get your brain around it so that it fades into the background. Or not. Most think the crash of 2008-09 …
My Comments: Medicare and Social Security are now entrenched in the national psyche. They are effectively are redistribution of earned income, designed to benefit those of us whose social contract with the United States has been in effect for a long time. With the billions of dollars involved, there are going to be exceptions to …
Continue reading Possible Changes Afoot in Medicare, Social Security
Helping Define Your Financial Future 