J.P. Morgan Weekly Market Recap – April 16, 2012

For those of you who like to pay attention to this stuff, here's this weeks best summary:

How Much Risk Do Clients Really Need to Take?

My Comment: Whenever I read something in an investment magazine that talks about risk and it is never made clear what is meant by “risk”, I end up feeling cheated. Virtually everything we do in life has a “risk component. Driving to the store to buy milk, taking a vacation in Europe, forgetting your boss’s …

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Eight Principles of Successful Optimists

Thomas A. Edison didn’t give up, and neither should you. My Comment: I've long had an argument with myself whether the glass was half full or whether it was half empty. I've concluded, more than once, that it's half full. My reinforcement of this state of mind often comes from something sent to me perhaps …

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Just Keep Working: the New Retirement Strategy

The number of labor force participants over age 65 has increased about 22 percent in the past three years. My Comment: I have to confess to a “Duh” moment when I saw this headline. My plans for retirement went out the window starting sometime in 2008. Not that I had any real plans to start …

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So why the strategic mistrust?

WSJ story and chart about how "Chinese applicants flood U.S. graduate schools." My Comment: I'm troubled by the pressures that appear from time to time that imply we should build up our military so we can effectivly counter the threat posed by China. Currently, I have a Chinese exchange student working with me as an …

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CollegeMoneyNow Award Letter of the Week – April 10, 2012

My Comment: Here is award letter #6. Hofstra University is well known to most of you. Not a name that comes up very often here in the south but one with an impeccable reputation. This is for someone enrolling as a freshman this fall. That's a lot of money that doesn't have to be paid …

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How to Play Defense Against Volatility in Your Portfolio

My Comment: It’s sometimes helpful to look back a few months, sometimes a few years, to see what I was thinking at the time and to compare what was then with what we see now. For example, as investment advisors we have long embraced the idea of a diversified portfolio to minimize risk. Think Enron; …

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Long-term-care Insurance May Go Way of the Dinosaur

My Comment: Long Term Care insurance is one of those topics agents like myself find difficult to deal with. I learned years ago to talk about life insurance in spite of the fact that the very idea repelled most people. After all, none of want to volunatarily deal with death, much less our own. But …

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GOP Jobs Plan Offers Alternate Path for Medical Professional Liability Reforms

My Comment: This article appeared last November and came from a company well known to us in the insurance industy, A.M.Best Company. This is the company that rates insurance companies to help the consumer make intelligent choices. The topic will be of no interest to many of you. However, it deals with Medical Professional Liability …

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