My Comments: Last Tuesday, I referenced an article with a compelling reason to think the current stock market move upward would soon go the other way. The author asserted the collapse was already under way. Here is an equally compelling article that suggests it’s not going to collapse, instead is going to continue going up. …
Continue reading Short Selling Drops to Lowest Level Since Lehman
My Comments: A disclaimer here: I’m not an attorney. But Ike Devji is and I’ve followed him for some time and his writings are relevant and make sense. I’ve recently been involved in some discussions with physicians and business owners about life insurance. Their questions and criticisms almost universally reflect an ignorance about the topic …
Continue reading What is an ILIT? Why Doctors and Business Owners Should Consider Having One
My Comments: The writer has a powerful message to send. He was right about this back in 2008 but that doesn't mean he's right this time. I have clients and prospective clients asking when the next downturn is going to begin. And yet there are many articles that suggest it’s still a long way off. …
My Comments: Geopolotical events almost always influence the world of investments. Today, global economic health, or lack of it, dictates to some extent how we invest our money, where we invest our money, and what we can expect going forward. All of us saw recently how the ISIS jihadists in Iraq caused the price of …
My Comments: So, just how much is $100 Trillion? Can you say "A lot!"? What’s equally mind boggling to me is that in 1967 ( or maybe it was 1966?) I built a house for myself and my wife. In those days I acted as my own general contractor. Back then, I could also dig …
Continue reading Powered by the U.S., Global Assets Forecast to Hit $100 Trillion
My Comments: Professionally, I live in the world of finance and investments. Regulation is pervasive, most likely increasing, since there is a pervasive threat of abuse by the big players. I think it would help all of us to have a level playing field, including individuals, corporate America, and society as a whole. I cannot …
My Comments: No, we are not doomed. But it’s worth paying attention to from time to time. If you are looking for solace, you won’t find it here. My cousin in England just wrote to tell me their weather is noxious and unpleasant. Have you thought about the price of vegetables and fruit in the …
Continue reading World Weather Gone Haywire: Effect On… and the Economy
My Comments: How many of you remember the inflation numbers from the late 70’s? 12% comes to mind. And was that ever exciting and frightening. Since then, the people who pull most of the strings have been sensitive to this and have taken steps to keep inlfation under control. The other extreme from high inflation …
My Comments: From time to time we see predictions about all sorts of things. But as time passes, they fade into oblivion and rarely do we consider whether any of those predictions came to pass. We give great credence to those who make those predictions since they usually appear in print, or on television, and …
My Comments: The price of oil is increasing. The news is full of both the World Cup and Iraq. How will any of this affect our investments? And, of course, as always, it depends. At first glance one might dismiss the author as expressing a self-serving platitude. On second glance, you remember he rose to …
Continue reading Removing Saddam Hussein Did Not Cause This Crisis
Helping Define Your Financial Future 