My Comments: So much for being an optimist. There’s a point where it simply makes sense to take your money off the table and put it under the mattress. At least for a while. The markets are being driven by those who are convinced Donald Trump is the second coming. These folks seem convinced that …
Tag: adviser
Getting 88% More from Social Security
My Comments: 88% seems like an irrational number. Whether it is or not, and depending on how you want and expect your life to play out, the dollars you get from Social Security are likely to contribute greatly to your financial peace of mind and standard of living down the road. If you don’t make …
Last seen in 1929, in 2000, and 2008
Stocks have only been this expensive during the crash of 1929, the tech bubble of 2000, and the last financial crisis in 2008-09 My Comments: Economics 101 teaches us that owning shares of a stock means you own a piece of the company that issued the shares. It’s value on any given day is what …
The Alienation Of America’s Best Doctors
My Comments: For those of us in our mid 70’s, access to competent medical help is critical to our peace of mind. Here in Gainesville, we take it for granted, provided you have the ability to pay for it. As an aging member of American society, I hope there is no disruption of the existing …
An Open Letter to Generalissimo Trump
My Comments: Radicals are usually thought of as being on the left end of the political spectrum. You know, people like Castro in Cuba or Chavez in Venezuela. The term 'radical' almost never comes to mind when looking at the right end. Except maybe the Taliban or now ISIS wreaking havoc in the middle east. …
A Looming Time Bomb May Soon Hit The US Economy
My Comments: I’m getting sick and tired of all the potential bad news that keeps appearing. The only remedy I have is to somehow anticipate what might happen and position myself and my clients to benefit instead of getting hammered into oblivion. 50 years ago, before IRAs and401(k)s were invented, the primary mechanism to provide …
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There are two Donald Trumps and two very different market outcomes
My Comments: These could be described as exciting times. Personally, I’d prefer a little less excitement. Patti Domm talks about comments made by a Bob Doll. Many years ago I met Bob when he was a senior player with a well known mutual fund company. He impressed me then and does today. You don’t reach …
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Why the Stock Market Is Stacked Against Donald Trump
My Comments: I don’t think of myself as a woe and gloom person. I really want stocks and bonds to perform well and make money for my clients. That’s the ideal outcome for them and for me. But as you’ve heard me say before, we do not live in a perfect world. And right now …
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Can Stocks, Bonds, Metals, Currencies All Be Wrong About Trump? Yes
My Comments: Perhaps it’s just time to go along for the ride and hope for the best. But I’ve never thought “hope” was an effective investment strategy. If the chance of a Lloyd’s of London type event was not so high, I’d be much happier. By James Mackintosh | Nov. 28, 2016 Markets may not …
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Changes To Health Insurance In A Trump World
My Comments: 40 years ago found me selling health insurance policies. I’ve seen how they evolved to where the annual premium increases, as little as ten years ago, would eventually result in collective premiums that exceeded the Gross National Product. That’s ridiculous, and something had to change. Along came ObamaCare and it’s promise to bring …
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Helping Define Your Financial Future 