Is Capitalism Killing America?

My Comments: In the minds of many, capitalism is the antithesis of communism. And they are essentially right. In the minds of many, communism and socialism and fascism are one and the same. And they are essentially wrong. Communism is an economic model where the state owns everything involved in providing goods and services to …

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How to run out of life before you run out of money

Today’s Thoughts About Retirement: Though it can be argued that money is the root of all evil, it can also be argued that it is essential for peace of mind. The challenge for all of us is to pay our bills in a timely manner and not create burdens for our survivors. I think of …

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The end really is near: a play-by-play of the coming economic collapse

My Comments: The headline says ‘really near’ but what does that mean? In my past I worked with a currency trader whose idea of a long term hold of a position he’d bought was 3 days. His idea of 'really near' was about 30 minutes. If you are now in your 30’s or 40’s, your …

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New Medicare cards: What to do if you haven’t received your new card

My Comments: I have not yet received mine but perhaps it’ll come in today’s mail. The idea is that with so much money at stake, there are too many opportunities for the bad guys to game the system. This is an effort to make that harder. I hope it works as planned. What I know …

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Watch Your Wallets — The Next Crash Is Coming

My Thoughts for Monday, Labor Day 2018: The sun is shining here, the daily showers have not yet arrived, I’ve been to the fitness center already, and life is relatively normal. Happy Labor Day! But I can get far from the reality that is our life in America these days. In many respects, it’s good …

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10 things I’ve learned 10 years after I finished medical school

Friday’s Random Thoughts: I’ve long argued that the health care system in America is a mess. (How Did Health Care Get to Be Such a Mess?) These next words from Kevin Tolliver, a physician with a strong exposure to economics and finance, is a welcome addition to the debate. It’s taken a long time to …

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What Is Missing From Most Retirement Advice

Tony’s thoughts about this: For those of you who have not yet ‘retired’, know that it will be dramatically different from your ‘before retired’ years. Planning for those years, if you expect to enjoy life and consider your retirement a success, is essential. My days as an active, looking for new clients financial person are …

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How Well is American Capitalism Working?

Tony’s Comments: I’m becoming a Social Capitalist in my old age. On the one hand I embrace capitalism as the most viable economic model for us to follow while on the other hand know that in it’s purest form, it can be as evil and unworkable as communism at the other end of the spectrum. …

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Social Security’s Primary Insurance Amount: What Is It?

Tony’s Comments: Since today is  Tuesday, this is about Social Security. For those of you who plan to retire one day, a basic understanding of Social Security and how it works is a critical element of your overall retirement planning strategy. This article appeared in Motley Fool, and for whatever reason, does not have an …

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The Longest Bull Market In History And What Happens Next

Tony’s Comments: What is often overlooked by those writing about the impending doom of the stock market is the age of the reader. What I mean by this is that if you are trying to accumulate money for your eventual retirement, and you have 20 or 30 years between now and then, much of what …

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