My Comments: Like a broken clock that is right twice every 24 hours, I’ve been talking about the probability of us having a severe market correction for the past 12 months or more. It’s obviously not happened yet. But every time I turn around, there are new observations from people who understand this better than …
Continue reading Get Ready For The Biggest Margin Call In History
OK, you’re sick and tired of this issue and want it to go away. But it never does and it may never, at least not in our lifetimes. So I challenge and urge you to read a recent interview and the comments made. As someone who started life amid bombs raining down from time to …
Continue reading The Middle East, Iraq, and the United States
There is a positive correlation between the age of the advisor and the age of the client. I have few clients who are millenianals, but many who are roughly my age. And while I spend a lot of time helping them massage their retirement portfolios, one of the issues that surfaces frequently are the taxes …
My Comments: Regular readers of these posts know I’m not a fan of the GOP and many of the people who call it home these days. I find them un-Christian, narrow minded, selfish, and living in the past instead of developing the future. They are not providing the leadership needed to secure the future for …
My Comments: As many of you know, my professional life has revolved around financial issues and economics. The world I’ve lived and worked in was largely shaped by the global forces at work following World War II. That era has ended. We can shake our heads and whine about what might have been but it …
Continue reading Time US Leadership Woke Up To New Economic Era
My Comments: The blog post title above comes from me; the one that actually accompanied the article is Public Pensions Face New Challenges As We Live Longer. Huh? As a financial planner, I try to make people aware of the existential threats we face as we all grow older. These threats are things that “might” …
My Comments: I admit to perverting the title to this article (Lobbyists Pervert Politics And Earn Their Infamy) which appeared in the Financial Times recently. But it points to a problem that may have no solution, at least until the clowns who inhabit our Congress feel enough pain to find a solution. But it most …
Continue reading To Lobby, or Not To Lobby, That is the Question
My Comments: The cacaphony of negative comments by Republicans about the Obama administrations efforts re the economy used to be deafening. Now, not so much. As an economist, I’m sensitive to the fact that there are too many variables at play to attribute success or failure to an individual in the White House or to …
My Comments: As usual, talking about long-term care with clients, friends and family members is often a difficult conversation. As a financial planner for whom the need for personal long-term care is an increasing possibility, I’m sensitive to articles I run across that offer choices. Here is one of them. I know this looks and …
My Comments: There's a pharase about not letting the closing door hit you on the ass as you leave the room. It's also a metaphor for life. April 6, 2015 By Bob Seawright Bob Dylan hit on a universal truth when he sang about his son and the attraction of remaining young. May your hands …
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