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My Comments: There’s an old saying about money being the root of all evil. And that may be true, but money is also the grease that allows the wheels of commerce to keep turning. And in 21st century America, we need to keep the wheels turning. There are dozens of other things to know about …
Continue reading 11 Things We Should Explore To Understand Money
My Comments: I don’t enjoy paying taxes. Never have. But from day one I’ve known they were a necessary evil. So I paid and rarely complained since I knew life in civilized society calls for answers that only government can satisfy. Over the last several decades, however, and especially of late, tax breaks have gone …
The definition of “fiduciary standard” I prefer to use goes like this: to conduct oneself legally, ethically, and morally when giving advice and acting on behalf of others. It means I’ll act in someone’s best interest at all times. It implies the duty of good faith and trust at all times when performing duties on …
Continue reading Fiduciary Standards, Retirement, and Politics
My Comments: I’m more than a little tired of woe and gloom every day. Yes, I’m alive and well as are members of my family. But it’s impossible to go a single day without someone hurling invective about politics, about the trade war, about Brexit, about the current occupant of the White House, about small …
Continue reading U.S. Manufacturing Dives to 10-year Low as Trade Tensions Weigh
For decades I’ve been reading about the 4% Rule and what it has to do with retirement. The 4% Rule says that when you stop working for money and start creating an income from your savings, it’s the upper limit of what you should withdraw every year from your savings and investments to make sure …
Studies today suggest only three in ten people surveyed said they were very confident about their ability to sustain their standard of living as long as they live. I say good for them. However, if you’re among the other seven in ten people surveyed who are less than very confident about their financial future, what …
Continue reading Steps To Take To Gain Confidence About Your Financial Future
My Comments: Good times followed by bad times followed by good times is a pattern that more or less defines humanity on this planet for the last several thousand years. And probably before there was a recorded history. When talking about the economy, whether from a global perspective, or one focused exclusively on the United …
Continue reading Forecasting the Next Recession: Will Rate Cuts Be Enough?
