My Comments: If you are 65 and older, Medicare is fantastic. Okay, it has its limitations, but coupled with what is known as a MediGap or MedSup plan, it’s fantastic. You can argue all you want about how this country is slowly sinking into a socialist morass, but when you reach my age, health issues …
Tag: adviser
The Only Way To Save the EU Is For The UK To Leave It
My Comments: Forget the UK and Europe. There’s a message here that applies to us in the United States and the anger among so many that gives rise to a choice between Donald Trump and Hillary Clinton. It echoes the comments I’ve made here for years that “It’s economics, stupid!”. A primary driver of deteriorating …
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The Governing Cancer of Our Time
My Comments: Like most everyone else, I’m alarmed by the negativity and frantic rhetoric that is pervasive these days. I’ve tried to get used to it, but am not sure I should get used to it. I know that whatever is in the past is forever in the past and I can only observe the …
A New Day for Social Security?
My Comments: As someone who teaches people how to maximize their social security benefits, a major fear that surfaces during a workshop is whether there is enough in the system to guarantee future benefits. The quick answer is “not without some changes to the system”, which leads to more questions about when it will run …
Forecast For Stocks In The Second Half Of The Year: Turbulence
My Comments: I came across this over the weekend and without their permission, am sharing it with you. I think it’s the most realistic expression of what is likely to happen in the stock and bond markets over the next six months. Any guess beyond that will require you first get stoned. By STAN CHOE …
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Do Record Low Yields And Record High Stocks Spell Trouble?
My Comments: This week I’ve focused my posts on what other people think is likely to happen to your money if you have it invested in stocks and bonds. It’s pretty obvious that no one has a clue. Until a lot of stuff gets sorted out, my recommendation is to go to cash and sit …
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Stocks Could Jump 15% This Year if Earnings Rise
My Comments: I wish someone would tell me what the hell is going on! One day I’m told the market is healthy and we should expect the DOW to increase dramatically. The next day there is an equally credible message that the market is way overpriced and to expect a crash. Then today, though written …
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Will You Regret Taking Social Security ASAP?
My Comments: Too many people choose to take early benefits. If you need the money, hate your job, don’t have a job, plan to die soon, or simply don’t have confidence in your life, then maybe it’s OK. But it usually turns out to be a mistake. There is a do over, but you have …
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Why Interest Rates Are Lower Than Ever
My Comments: Please keep reading… Paul J. Lim July 6, 2016 If you think the financial panic over Brexit is over — because stocks have bounced back somewhat from their initial sell off — think again. As scared investors continue to seek shelter in boring government bonds, fixed income prices have soared while yields on …
UP or DOWN?
My Comments: Do you know what’s going to happen? Me neither. Here are two very opposing opinions of what the markets will do in the coming days. If it makes you afraid, you are not alone. My only bright spot is a program that grew by over 50% in 2008. Will it do it again? …
Helping Define Your Financial Future 