My Comments: It’s very easy for financial professionals of all stripes to get into heated arguments about the merits of life insurance. Or the lack of merits, depending on your perspective. A story I tell is about someone who in all seriousness asked “When is the best time to buy life insurance?”. And the answer …
Continue reading 7 Things You Need to Know About Term Life Insurance
My Comments: As a nation we are on the horns of a dilemma regarding our role as the sole surviving superpower from the last century. I embraced Obama’s assertion that our national focus should revert to what is in our best interest domestically. At the time we were embroiled in Iraq and other places and …
My Comments: This post is about investments and what may happen to your money going forward. My gut told me the downturn in the markets over the last three weeks suggested it was the start of the market correction that all of us expect. You only have to glance at this chart of the S&P500 …
My Comments: I can’t tell you how many times over the past 40 years that a client has talked with me suggesting something is wrong with his investments. It usually comes after a long run up in the markets and he or she thinks his portfolio is lagging. And almost every time we’ve made a …
Continue reading Stop Tinkering With Your Retirement Portfolio
My Comments: This comes from a colleague in San Diego. He owns an agency whose focus is seniors and the insurance they need to achieve financial freedom. From time to time he sends out his ‘Thoughts For The Week” which are worth repeating. This is one of them. By Gene Pastula of Westland Financial - …
My Comments: The author of this article, which appeared in the Financial Times, is no stranger to economists, investors, and politicians. My first reaction, however, was that it tends to endorse Keynesian economics, from a source that up to now has argued that the way to achieve economic recovery and more jobs, is for there …
Continue reading Why Public Investment Really Is a Free Lunch
My Comments: Those of us old enough to be taking SSA benefits have experienced minimal increases in the last few years. That’s because the ‘official’ numbers for inflation have been low. There is an argument they should be even lower as a way to keep the so-called SSA reserves from going to empty. In my …
Continue reading Social Security Cost-of-living Adjustments Projected to Increase Slightly in 2015
My Comments: I admit to a strong bias in favor of the Democrats and the values they deem important. As someone with a good understanding of economics and finance, this article that appeared about ten days ago itemizes several positives that have become clear during the past six years of Obama’s presidency. They are worth …
Continue reading Corporate U.S. Healthiest in Decades Under Obama With Lower Debt
My Comments: No, this has nothing to do with the price of hospitals that are looking for buyers. This has to do with the sometimes dramatic discrepancy from one hospital to the next for what you are charged for the same medical procedure. This comes from Seattle which is obviously a long way from Gainesville. …
My Comments: I’ve written before that it’s my belief that at some point, if income inequality between the haves and the have nots gets too large, social chaos will follow. The spread or relative level of spendable income between these two groups is continuing to widen. So it becomes just a matter of time until …
Continue reading Why Income Inequality Is a Drag On Economies
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