My Comments: Interest rates change. For the past 35 years, they’ve been on a downward trend, matched only by the down trend from 1861 to 1898. It’s a given that the Fed is going to start moving them up, probably in September. A stream of positive data supports a September rate hike, but summer storms …
Tag: financial advisor
Flawed Math on Student Loans
My Comments: The staggering level of student loan debt has the potential to sink the economic future of this country. Young families with the debt hanging over them will be less likely to buy a house, to buy a new car, to spend money on consumption items, all of which means economic stagnation. Income earned …
Republicans Dismiss Latino Concerns At Their Peril
My Comments: I’ve talked before about immigration issues. As an immigrant myself, I’m perhaps more sensitive to these issues, even though I arrived as a child from Europe. My father was looking for a better way to provide for his family and since he had lived here as a child and had a degree from …
Continue reading Republicans Dismiss Latino Concerns At Their Peril
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 …
America Could Have Been One Giant Sweden — Instead It Looks a Lot Like the Soviet Union
My Comments: This is a long, uncomfortable article that predicts how the world might evolve economically and politically over the next several decades. My generation will have passed on soon, but regardless of your political stripes today, it will be different. If you want to take back America, or at least preserve what we have, …
The End of Florida?
My Comments: I have just two. One is that Florida has about 1350 miles of coastline and that does not include rivers that are somewhat tidal. Two is that if God is all seeing and all knowing, how come he’s only telling some of us to be aware of what’s coming and to properly prepare …
What Oil Price Is Sustainable?
My Comments: Buying gas for your car at the pump is now an adventure fraught with uncertainty. Is the price going up or is it going down? What can I expect the next time I need to fill the tank? Is there a station on the other side of town willing to lower their price …
The Obamacare Curse: What If, This Month, the Republicans Finally Get What They Want?
My Comments: After 6 years and counting, I’m still waiting for a valid, alternate idea to come from the political right. As an insurance agent for 40 years, and having sold individual and group policies for many of them, I understand many of the dynamics involved. Why is it not in our best interest as …
Iraq’s Least Worst Options
My Comments: If I had to personally make definitive decisons about the US role in the middle east, I have absolutely no idea what would be in our best interest. That’s why they don’t pay ME the big bucks. But history has made us the world’s only policeman. Since I have no idea about what …
Biggest Retirement Mistakes
My Comments: This is a dramatic headline, intended for those of us already retired or thinking about it. Most of us already understand that "retirement" today is very different from what it was 25 years ago. The changes that we see are influencing my life and millions of others. Many people plan on supplementing their …
Helping Define Your Financial Future 