My Comments: This article appeared as An emergency checklist for advisors and clients: essential legal and financial documents. It caught my eye since lists are always useful when it comes to writing a blog post that someone might read. After all, I read this one. More than that, however, is the fact that getting older …
Continue reading Essential Legal and Financial Documents to Have
My Comments: I’ve argued vigorously over these past few years in favor of the PPACA, what all of us know as ObamaCare. Without it we would be at the mercy of the drug industry, hospitals and the insurance industry. Of the five primary stakeholders in the health care debate, any two of those three could …
Continue reading Obamacare Helps Add Life to Medicare as Shortfall Delayed
My Comments: When you look back ten years from now and wonder if this article came anywhere close to reality, you must remember that people are much happier with you if you estimate low returns and reality turns out to be high, rather than the other way around. The charts are hard to understand, at …
Continue reading 10-Year Investing Forecast: Takeaways for Advisors & Clients
My Comments: I’ve been playing this financial game now for almost 40 years. And like so much in today’s world, it’s very different today than it was then. Technology forces us to embrace new thoughts and ways to deal with so much in life. When it comes to managing your money, my role as an …
Continue reading Wealth Managers Enlist Savvy Spy Software to Map Portfolios
My Comments: Earlier this week I introduced the idea of a QLAC. If you didn’t see it, click on the link and check it out. Some of you are going to want to use this contract as soon as it becomes available this fall. Others are going to think about how your investment mix will …
Continue reading New Longevity Annuity Rules: 5 Things to Know
My Comments: When I talk with prospective clients and those already clients, I talk about existential risk. These are risks that may or may not happen, depending on any number of variables. One of them is inflation since it reduces the purchasing power of your dollars over time. Another existential risk is the financial burden …
My Comments: No need for any commentary from me. Just draw your own conclusions, and hope that if the author is right, you’ve talked with me about how to make money when everyone around you is losing theirs. On the other hand, essentially this same argument was made last April and yet the crash has …
Continue reading 3 Market Warning Signs Predict 20% Stock Tumble
My Comments: You may not agree with me but Social Security is a complicated issue. If you hope to find a quick and easy summary of what is implied by the title, you'll be disappointed. My assumption is that if you haven’t yet applied for Social Security benefits, that day will come, and statistics tell …
Continue reading What You Don’t Know About Social Security—but Should
My Comments: I’m involved in a philosophical conflict these days between those on one side who believe there is a universal truth that says investment skill trumps traditional permanent life insurance every time. On the other side is someone who believes permanent life insurance trumps traditional investment methodologies. They argue vehemently that permanent life insurance …
My Comments: Once again, the question of a market crash raises its ugly head. And once again, no one has a clue when it will happen. And once again, as I tell my clients and prospective clients, it really doesn’t matter if you have your money where it can grow regardless of when and how …
Continue reading Stocks Will Rise And The 3 Trades You Can’t Make
Helping Define Your Financial Future 