My Comments: For me, the glass is always half full. I try to live today and worry only about the future. I am easily ticked off by those who try to live in the past, or try to re-litigate the arguments of history. It’s a waste of time in a world, that for me, is …
Continue reading The World Is Getting Better and Nobody Knows It
My Comments: There are changes afoot, and our President Elect seems to have no clue but then Hillary missed it too. In all fairness I didn’t see it either until I read this and it served to crystalize some thoughts I’ve had related to the income inequality so many of us are worried about. Income …
My Comments: Social Security is well named. It provides financial security and because it is so pervasive, it carries a social legitimacy that is hard to argue against. Looking after the elderly has been a social mandate among humans forever. And given that women tend to outlive men, the social needs of women after a …
Continue reading Women Failing To Max Out Social Security Benefits In Retirement
My Comments: Part of me wants to believe the Laws of Physics (and economics) have been reversed, that gravity no longer means ‘what goes up must come down’. The other half says gravity is still here. Wednesday afternoon, right after the election, I got a raucous tweet from someone making fun of my having said …
Continue reading ‘Believe Me, We’re In A Bubble Right Now – A Big, Fat, Ugly Bubble’ – DJT
My Comments: The Prophet of Doom is not yet vanquished but… hopefully soon. Marian L. Tupy | Wednesday, October 26, 2016 It is perhaps an understatement to say that we live in an era of great pessimism. This pessimism, while not distributed evenly across the world, appears to be felt most acutely in many Western …
Continue reading We See the Glass as Half Empty, Yet Our Cup Is Overflowing
My Comments: A critical percentage of my monthly budget is covered by Social Security. You can argue that it shouldn’t have to be this way and you may be right. But for many millions of us, it IS this way. Society has come to rely on it, and with the way our republic has evolved, …
My Comments: Some of you are starting to call me tiresome. And you are right; I keep saying the sky is about to fall and it never happens. But ignore me at your peril. Actually, if it only falls 10%, we can all recover quickly and go about our lives once again. But my guess …
Continue reading The Stage Is Set For The Next 10% Plunge In Stocks
My Comments: OK, I’m not a CPA and I’m talking about a tax matter. Please don’t call the FBI on me. If you have money in an account and it it got there before income taxes were applied to the money you earned, it’s known as a “qualified account”. Simply put, it “qualified” for special …
Continue reading Calculating Required Minimum Distributions From a Tax-Qualified Retirement Account
My Comments: We take them for granted. A place to park money that earns a little bit and can be used to buy stuff or used to invest somewhere else. If you’re bored by finance and economics, this post is not for you, even though it may affect your wallet along the way. by Bob …
My Comments: The system is rigged; just not the way you think it is. These words by Bill Moyers are almost enough for a book. So be prepared. I’m increasingly persuaded that the social ills in this country, from racism, to mysogeny, to conflict with law enforcement, all down the line, are highly correlated with …
Continue reading Bill Moyers: Economic Inequality Is a Threat to the Very Core of Our Democracy
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