Breaking Down the Income Gap Into Real Terms

My Comment: For several years I’ve warned my children that if the gap between the “haves” and the “have nots” becomes too great, their generation and the next will likely face social chaos in this country. This idea is starting to resonate as articles like the next appear in print, and one sees and hears …

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How Ready Are You for Long-Term Care?

My comment: Long Term Care is one of those issues that most of us simply want to go away. It’s painful to think about, painful to pay for, and therefore, painful to plan for. Only it’s not going away; as our population ages, and medical advances appear, more and more of us live to a …

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WHAT IS THE FUTURE OF THE ESTATE TAX?

My comments: The Federal Estate Tax, much discussed and vilified by pundits everywhere, is essentially a voluntary tax. There are dozens of techniques and strategies available to someone to minimize, if not eliminate, the tax burden that falls to the heirs of someone whose assets are subject to the tax. That taxes are paid is …

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Outlook 2012: Equities–Top 5 Trade Ideas for the New Year

My Comment: In the interest of starting this year on a positive note, I found this article that tends to support my feeling (not always a good thing) that 2012 will be a good year for investments. That being said, the last and 5th Idea is far too technical for me and perhaps for you. …

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The New Year and Exciting Stuff!

Happy New Year to All. Perhaps to no one's surprise, I'm not quite ready to roll back into the trenches and focus on the day to day efforts necessary for my client's financial survival, never mind my own. Today is a day for football and family, a day to finish recharging the batteries. I did …

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One Less Pork Chop

From time to time I get emails that list the most popular articles that appear in certain financial magazines. As you can imagine, someone is trying to get me to subscribe and spend money on their publication, which is OK. This is an article that continues to show up even though its not very long. …

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What ‘Job Creators’ Really Want

There's been a lot of conversation in the media for the past 18 plus months about "job creation". If you are on the right politically, then you simply blame President Obama, never mind that the presidency is not the source of jobs. If you are on the left, then you blame anyone and everyone on …

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Merry Christmas and a Happy New Year!

My very best wishes to you and your family for a wonderful Christmas and a New Year full of joy and satisfaction!

5 Lesser Known Facts About Social Security

Most Americans watch their money go into the Social Security trust fund in the form of payroll deductions as soon as they begin working, when retirement seems a long way off. As a result, many go through their working lives without giving it much thought. Here are a few facts everyone should know about Social …

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Unemployment Rate Falls to Lowest Since March 2009

By Christopher S. Rugaber WASHINGTON (AP) — The U.S. unemployment rate fell last month to its lowest level in more than two and a half years, as employers stepped up hiring in response to the slowly improving economy. The Labor Department said Friday that the unemployment rate dropped sharply to 8.6 percent last month, down …

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