My Comments: Last week I attempted a definition of the word FIDUCIARY. My goal was to somehow increase the chances that financial professionals who use the term “advisors” are in fact fiduciaries, and as such, bound by law, by tradition, by ethics, to act and behave in their clients best interests. As a reminder, there …
Continue reading What the Dept. of Labor Might Do With the Fiduciary Rule
My Comments: The people at Kiplinger have created another great blog post for me to borrow. I encourage you to explore their site and gather as much information as you need. If, at the end of the day, you need someone local to help you make smart financial decisions, Florida Wealth Advisors LLC has its' …
My Comments: I offer great thanks to the author of the following article, Michael Kitces. You’ll find his credits at the end of this post. This will take a little time to read and understand. But if you are getting ready to file for Social Security benefits, or are just now starting to think about …
Continue reading Social Security Tips: How to Use File & Suspend
My Comments: China is today the 2nd largest and arguably the 2nd strongest economy in the world. It differs from us in a material way in that it has few of the myriad infrastructure elements of our economy, which have evolved over the past 235 years. In China, it’s very much a work in progress. …
My Comments: A quick check using your smart phone will reveal that this word, used as a noun, means “... a person to whom property or power is entrusted for the benefit of another.” In addition, it can be used as an adjective, an example of which is fiduciary capacity or fiduciary duty or fiduciary …
My Comments: There are just as many ways to lose money with bonds as there are with stocks. The risk is different; what happens to interest rates in the future vs corporate earnings and their relative size. That’s an oversimplification but you get the idea. The chart above shows interest rates from 1790 – 2012. …
My Comments: The people at Kiplinger have created another great blog post for me to borrow. And if you insist, you have "my permission" to click on their links and get more good information from them. At the end of the day, however, you may need someone local, a dedicated, knowledgable professional whose experience over …
My Comments: Yes, the title above is a little odd, but the word "optimism" caused me to stop and read. By every contemporary, standard definition, I am a “financial advisor”. That term is restricted, or should be, to those of us providing financial advice to clients that conforms to a fiduciary standard. Simply put, we …
Continue reading It Is Informed Optimism To Wait For The Rain
My Comments: I’ve never been much of a gold bug. I recognize it’s value as a trading opportunity and the need for a large portfolio to include what are thought of as non-traditional investments. But since it tends to increase in value during times of high inflation and general woe and gloom, and being a …
My Comments: Monday morning, the sun is shining, and perhaps an exciting week ahead. Only I tried retirement, and it was not blissful (billsful maybe). So I’m back working full time, knowing that what used to take me an hour to accomplish, now takes at least two. That being said, whenever I see a list …
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