My Comments: I ran across this article a few weeks ago. With the headline recently that Governor Scott was not going to comply with the directives toward the states and Medicaid, I thought it might be helpful to have a better understanding of the implications. The idea presented below is not a full answer, but …
Continue reading The Medicaid Problem Grows and a (Partial) Solution Emerges
The official plaintiff in the Obamacare case was the main small-business lobbying organization. In fact, the new health care law should be a boon to entrepreneurs. By Matthew Yglesias|Posted Monday, July 2, 2012 The landmark health care case decided last week by the Supreme Court was a win for the Obama administration and a loss …
Continue reading Should Small Businesses Really Fear Obamacare?
My Comment: I’m told that a blog post should be no more than 400 words. People’s attention span runs out of gas at about that point. This one is way more than 400 words but if you are interested in the political outcome a few months from now, and whether or not you are likely …
Mutual Fund and ETF Assets Decline in May My Comments: Frankly, I have really no idea what this means. But in the interest of transparency, and in my professional capacity as a “know-it-all” financial advisor, I thought I’d throw this out there and see if anyone is actually interested and/or reading this stuff. By Warren …
My Comments: You may not like the mandate, but it’s probably in your best economic interest to accept it. By EDUARDO PORTER Published: June 19, 2012 Within the next few days, the Supreme Court may strike down the provision in the Affordable Care Act requiring every American to buy health insurance. Odds that the justices …
My Comments: I have very little to add to these excellent thoughts. I have to be careful what I say since I’m not an attorney and there are limits to what I can say. Here and there I’ve added a word or two so you can read this as though it was directed to you …
Continue reading Taking Back Control: Living Wills and Beyond
My Comments: They say money is at the root of all evil, and they may be right, but it’s also at the root of how most of us live our lives, and like it or not, in our society, having more money is considered better than having less money. As a result, I’ve made a …
My Comments: I followed what was happening in Wisconsin as I believed the outcome would be a referendum on how the fall elections might be decided. Now that the recall failed, I’m of two minds; one that huge sums of money coming from a few sources, none of which have to be disclosed, is a …
Continue reading What the Wisconsin Recall Says About the Future of the U.S. Military
Nontraditional investments could grow to 10%-15% of mutual funds in 10 years, according to Cerulli My Comment: For at least 18 months, I’ve been including a program featuring “alternative investments” in my client portfolios. The logic behind this is/was to build portfolios that are less likely to tumble when interest rates finally start an upward …
Continue reading Alternatives Growing in Portfolios as Markets Stumble
Some of you reading this are physicians in private practice, and while you justifiably enjoy an exalted position in society, as far as the IRS is concerned, you own some or all of a business enterprise and also enjoy all the risks and rewards that accompany ownership of a tax paying activity. For better or …
Helping Define Your Financial Future 