Three and a half years ago I decided it was time for me to assert myself and take advantage of a little knowledge about social media and a desire to write. I decided to start my own blog. What you are reading, if WordPress metrics are to be believed, is post number 1000. How I …
Tag: adviser
Impossible Germany
My Comments: I’ve mentioned before how easy it is for us to discount the economic influence of Europe on the world stage. But it’s a mistake to do so. Collectively, the European Union is an economic engine that is just as critical to the economic welfare of the world as we are. If they go …
Fear Lower Oil (prices)
My Comments: Frankly, I enjoy paying less to fill up the car with gas. There is more cash left in my wallet for me to deal with other things I need to buy. At the macroeconomic level, it will help retailers have a stronger holiday shopping season. That will help the economy. But like most …
Airbus Patents Flying Doughnuts
My Comments: On a lighter note, here is how you may be flying to Pheonix in a couple of decades. Or to Europe, etc. Perhaps I’ll be with you in spirit. My first plane flight was in 1947. Or maybe it was 1946; I can’t remember. I do know it was from London to Brussels, …
The World Is Marching Back From Globalisation
My Comments: Those of you who know me well do not consider me a pessimist. But this is Monday. And while I can feel optimistic about the chances for a return to good times from Florida football, the rest of the news is essentially gloom and despair. I’d much rather bring you something uplifting and …
Continue reading The World Is Marching Back From Globalisation
Three Visual Ways To Educate Clients In A Bull Market
My Comments: Much of the evidence we see these days tells us we are experiencing a bull market. The DOW hit a new all time historic high yesterday, which is dramatic. Some pundits believe this time it's ‘different’ and a downturn is unlikely. I'm not one of them. I’ve been playing this game for almost …
Continue reading Three Visual Ways To Educate Clients In A Bull Market
The Myths of Buying Term and Investing the Difference
My Comments: Life insurance is a financial tool used to solve certain financial problems and offset the risk presented when someone dies and economic pain is the result. That’s a cold way to talk about the death of a loved one, but from an objective point of view, that’s how it must be seen. Because …
Continue reading The Myths of Buying Term and Investing the Difference
The Euro Is In Greater Peril Today Than At The Height Of The Crisis
My Comments: Here in the US we tend to think of Europe as a mis-directed older sibling, someone who can’t quite make it, by our standards. We forget that most of our laws and even the language we speak came from Europe. And those foundations were forged in a melting pot as violent and as …
Continue reading The Euro Is In Greater Peril Today Than At The Height Of The Crisis
‘Risk On’ for Now
My Comments: Continuing with the theme that if you have exposure to the markets you need to be very careful, here is another metric from someone who knows how to read the tea leaves. I’m reluctant to continually use fear to motivate people to act. But if you are not now in cash, then you …
Economic Collapse Scenario
My Comments: I know, I know, I sound like a broken record. Last Friday I spoke to a gathering of about 100 retired people. And fear of the markets was shared by almost all. For many, uncertainty itself causes fear, but when added to the doubts about how to avoid the inevitable, it becomes palpable. …
