My Comments: I’ve already said that I much prefer a negotiated deal between adversaries than continued threats to bomb the crap out of them. In todays economic and political environment, that option poses too many risks that I’m unprepared to accept. Here’s some economic thoughts about what might happen, now the deal is in place. …
Tag: financial advice
THE FOUR ESSENTIAL CHARACTERISTICS OF ALL BEAR MARKETS
My Comments: This article comes from January, 2009 and was written by Nick Murray. Two months later, the bear market that started in mid 2008 was over, though it took some time to realize. Meanwhile, we’ve been in a bull market for over six years now, and many are suggesting we are overdue for a …
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Here’s What the Next Recession Could Look Like
My Comments: There is no doubt that both politicians and financial people generate success by evoking fear in those to whom they are talking. Sometimes it’s legitimate, but much of the time its BS designed to persuade you to part with your vote and/or your money. What follows here is consistent with my belief that …
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Bond Crash Across the World As Deflation Trade Goes Horribly Wrong
My Comments: You can call me an alarmist if you like, I really don’t care. We are long overdue for a market correction, from both a stock value perspective and interest rate perspective. If you don’t believe it’s coming, I have some nice real estate just east of Daytona Beach I can sell you for …
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Exposing The Dark Side of Personal Finance
My Comments: In keeping with the prevailing assumption that anything you see on TV or read on the internet is gospel, financial planners are constantly trying to undo the “lessons” taught by certain celebreties who are more interested in selling books than they are in providing good information. Whenever I’ve attended regional meetings with hundreds …
Like It Or Not, All Advisors Are Now Fiduciaries
My Comments: In my capacity as a financial planner and investment advisor, I’ve long embraced a fiduciary standard. This means I’m bound morally, ethically and legally to do what, in my professional opinion, is in my client’s best interests. Corporate financial America (Wall Street in general, the insurance industry, money managers, et al) and their …
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Strange Machinations
My Comments:There is an old adage about stock prices being a function of earnings, earnings, earnings. It's similar to the adage about real estate prices being a function of location, location and location. You and I know there are other variables, but how to identify and quantify those variables is another matter. Perhaps you've noticed …
Remember Eric Snowdon?
My Comments: The more things stay the same, the more they change. Or at least I think that’s how the saying goes. I’ve had mixed feelings about Eric Snowdon from the beginning, wondering if what he did was not in our best interest as Americans who relish our freedoms. Our knee jerk reaction was to …
Dog Days of the U.S. Expansion
My Comments: How is your money growing? Is it growing? Do you care? Are you prepared for pain when it stops growing and shrinks, perhaps dramatically? As a professional in this world, I’ve long since given up worrying about this. All anyone can do is pay attention, or pay someone to pay attention for you. …
Florida and Federal Money for Florida Citizens
My Comments: You may have read about this already. Or some version of it. I’m really not a fan of Rick Scott; I see him as a shill for the hospital industry who got himself elected governor. His ethics, values and focus are not consistent with mine. This was written by a Joan McCarter and …
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Helping Define Your Financial Future 