10 Nuggets of Entrepreneurship Advice My Comments: Since sometime in the early ‘90s, I’ve served on the advisory board to two magnet programs in the local public school district, one of which is the Academy of Entrepreneurship. For the past several months, I’ve served as a volunteer with SCORE, a national organization focused on helping …
Tag: financial advice
Students Pay Rates as High as Credit Cards on Student Loans
My Comments: Last week on Tuesday my blog reflected the comments of a financial advisor recommended by the editor of InvestmentNews. This person, identified as Betty, suggested Stafford loans as a legitimate source of money to pay for college. Her point was that anything was better than invading your pre-tax retirement funds. My comment was …
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The Coming Global Recession
China, India, and Brazil are all slowing down simultaneously... My Comments: None of us has any idea how our investments are going to play out over the next six months, much less what’s going to happen five years from now. Indeed, if you’ve spent any time with me, you’ve heard me say that I have …
Thought For The Week
“Save a little money each month, and at the end of the year, you’ll be surprised at how little you have.” Ernest Haskins Roughly four years ago, at this time, we began to feel the ground crumbling beneath our feet (metaphorically speaking) while we watched in amazement. The stock market lost over 1/3 of its …
The Biggest Waste Of Time On Earth Is Wishing Things Were Different
This comes from the June 7, 2012 issue of Financial Advisor and was written by Don Connally. Nobody wants to hear bad news. Yet bad news sells. Why is that? Why are people so focused on what’s wrong in the world? The answer is that people are concerned with anything that threatens their sense of …
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What Nobody’s Telling American Workers
My Comments: With voter rejection of the repeal effort in Wisconsin yesterday, we can now look forward to greater income inequality in this country. Apparently a sufficient number of voters there decided that in spite of their declining middle class status, they would rather see their income opportunities shrink going forward than allow those below …
Financial Advisors Lean Toward Alternative Investments
My Comments: Today, being Monday, is when my blog posts lean toward INVESTMENTS. And for the past three years, my advice as a financial advisor has been to include alternative investments in the portfolios I help manage for clients. Because, in this day and age, it works. Mindful that my professional objectives are to help …
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US Spends Most on Health Care, Gets Less
My Comments: If you are a reader of this blog, you’ve seen various comments I’ve made about ObamaCare. I had one earlier this week and at the risk of being a pain, here’s another. The U.S. is my adopted country. I became a citizen in 1958 and have been here my entire adult life. It’s …
The Health Care Crisis Explained (maybe…)
Sometime in the next few weeks, the Supreme Court is supposed to render its verdict on the legislation passed in 2010, affectionately known as Obamacare. How it will come down from on high, I have no idea, but the blogs and messages I receive as a financial advisor are all over the map. While I’m …
Some Boomers May Choose Door No. 3
Instead of working longer or retiring on time with less money than anticipated, there may be a third alternative that financial advisors can show their clients that may give them the best of both worlds. An alternative may be to continue working full or part time and use money that had been going into savings …
