My Thoughts on This: I was taught long ago that no one has a responsibility to pay more in taxes than is required. It’s up to you and I to figure out what is required. So we push the envelope and either through good fortune or because we really know what we are doing, we …
Continue reading The U.S. Tax System: How Did We Get Here? Pt. 1, the Early Years
The original plan was to post these every week. Some of you like to time the market and this report from J.P.Morgan is perhaps the best summary to help your decision making:
Farnarkeling is a sport which began in Mesopotamia, which literally means ‘between the rivers’. This would put it somewhere in Victoria or New South Wales between the Murray and the Darling. The word Farnarkeling is Icelandic in structure, Urdu in metre and Celtic in the intimacy of its relationship between meaning and tone. Farnarkeling is …
My Comments: For many years than I am aware of, there have been “experts” who have expressed their opinion about the optimum rate to withdraw money from accumulated retirement funds. The reason for this is to offset a fear by many of running out of money at some point before you die. Typically, that’s not …
My Comments: When I saw this number, I had to reach far into my psyche to actually figure out how many dollars we’re talking about. And I’m someone who follows astronomy blog sites from time to time and am used to thinking in terms of billions of light years. It takes some time to get …
Goldman Sachs declares an end to 12-year run-up of gold, just before Bernanke reaffirms monetary easing My Comments: Gold, in its many forms, from actual coins, to shares of gold mining companies across the globe, has been a strong investment for many people over these past few years. We can argue that it reached bubble …
My Comments: I typically start a conversation with someone about investments by suggesting there are two types of investors: Those that want to do it themselves and those who decide they need some help. If they say they prefer to do it themselves, then my comment is usually to the effect that I'll help point …
My Comments: I’m trying to decide if the author of this article is fundamentally to the left of the Obama administration and therefore critical of his lack of fire in promoting new revenue sources for the country, ie higher taxes, or whether the writer is critical because virtually everyone on the right is critical, regardless …
My Comments: I expected to be retired now. But I'm one of millions who find it better to keep working and use the daily mental challenge to stay healthy, and because the income is welcome. But the topic here is not an easy one to resolve. I can attest to the difficulty of talking with …
Continue reading Legacy, Estate Planning as Important as Retirement
My Thoughts on This: This article comes from the Financial Times, a primarily English publication. If it has a bias, it is probably toward what we think of as liberal. And I’m usually forced to copy the entire post for those of you who are interested since to create a link forces the reader to …
Helping Define Your Financial Future 