My Comments: Readers of this blog post over the past six months have noted my concerns about a coming market crash and what it might do to your ‘nest egg’. Perhaps you remember my comments about a wall of worry, a phrase that gained traction in past years as the market climbed and climbed and …
Tag: adviser
Big Bank Problems: A Culture Ratio is More Important Than a Capital One
My Comments: The financial crisis in 2008-09 could have been much worse. The Federal Reserve intervened and limited the damage. After the fact, the regulators created a major remedy, one intended to “make sure” a similar crisis wouldn’t happen again. The idea was to impose new standards regarding the amount of capital, or reserves, on …
Continue reading Big Bank Problems: A Culture Ratio is More Important Than a Capital One
13 Reasons Why a QLAC Belongs in Your IRA
My Comments: Some people made good decisions along the way and now have significantly large IRA accounts. Some people I know have little need for the money to maintain their existing standard of living. If this is you and would like to find a way to NOT take money every year and pay the IRS …
Halt Jerusalem’s Unholy Descent Into Dark Ages
My Comments: Writing about politics and religion is outside my professional capacity to serve my clients, friends and family, not to mention those whom I hope to meet in the coming years. It’s much easier to try and ignore this stuff than to admit it has important implications. And then attempt to define just where …
Continue reading Halt Jerusalem’s Unholy Descent Into Dark Ages
Falling Gas Prices Fuel Holiday Cheer
My Comments: A good friend of mine who owns several gas stations says he loves it when the price of gasoline falls. The reason: it’s much easier for him to increase his margin of profit when the price is falling than when it’s going up. Everyone loves falling prices so there is less competition among …
Employers Optimistic About Health Plan Coverage
My Comments: I make no apologies for my endorsement of the PPACA legislation (ObamaCare). I strongly believe it’s in our best interest as a nation for ALL OF US to be as healthy as possible, for as long as possible. While the cost of transitioning from what we had before may be hard to stomach …
Continue reading Employers Optimistic About Health Plan Coverage
Bull Market Of A Lifetime May Be In 5th Inning
My Comments: According to this author, doom and gloom is a long way away. Whatever the case, it is my heartfelt wish that all of you have a wonderful and happy Thanksgiving. Hopefully, you will spend time with those who mean the most to you. While all of us have worries, there is so much …
Continue reading Bull Market Of A Lifetime May Be In 5th Inning
When The Stock Market Performs Best During A U.S. President’s 4-Year Term
My Comments: Many of us are climbing a wall of worry about our investments over the next 12 months. I’m not worried if your time horizon is ten years or more, but if it’s less, then I believe you have reason to be worried. Every week I’ve posted articles that justify the wall of worry. …
Continue reading When The Stock Market Performs Best During A U.S. President’s 4-Year Term
Let Them Eat iPads: Why Wage Suppression Is Key To The Market Puzzle
My Comments: This one is for those of you who are nerds and interested in economics and finance. If not, then hopefully you'll check in tomorrow. But... Have you been puzzled? I have, but apparently Darwin is alive and well. Only this time it has nothing to do with bugs in the Amazon jungle but …
Continue reading Let Them Eat iPads: Why Wage Suppression Is Key To The Market Puzzle
Boehner’s Lawsuit Is Betrayal Of Congress
My Comments: I don’t normally upload any posts on the weekend. I’m usually distracted by other matters and assume you are too. However, I happened across this and it resonated with me. It’s another example, in my opinion, of a dysfunctional Congress that is leading us down a path that I don’t want to follow. …
Helping Define Your Financial Future 