My Comments: You may not like the mandate, but it’s probably in your best economic interest to accept it. By EDUARDO PORTER Published: June 19, 2012 Within the next few days, the Supreme Court may strike down the provision in the Affordable Care Act requiring every American to buy health insurance. Odds that the justices …
Tag: financial advisor
Taking Back Control: Living Wills and Beyond
My Comments: I have very little to add to these excellent thoughts. I have to be careful what I say since I’m not an attorney and there are limits to what I can say. Here and there I’ve added a word or two so you can read this as though it was directed to you …
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Cheap Chinese Finance Rolls Into Bahamas
My Comments: They say money is at the root of all evil, and they may be right, but it’s also at the root of how most of us live our lives, and like it or not, in our society, having more money is considered better than having less money. As a result, I’ve made a …
What the Wisconsin Recall Says About the Future of the U.S. Military
My Comments: I followed what was happening in Wisconsin as I believed the outcome would be a referendum on how the fall elections might be decided. Now that the recall failed, I’m of two minds; one that huge sums of money coming from a few sources, none of which have to be disclosed, is a …
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Alternatives Growing in Portfolios as Markets Stumble
Nontraditional investments could grow to 10%-15% of mutual funds in 10 years, according to Cerulli My Comment: For at least 18 months, I’ve been including a program featuring “alternative investments” in my client portfolios. The logic behind this is/was to build portfolios that are less likely to tumble when interest rates finally start an upward …
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The Ultimate Small-Business Cheat Sheet
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 …
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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J.P. Morgan Weekly Market Recap – June 11, 2012
For those of you who pay attention and want to time the market, here’s this weeks best summary:
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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Helping Define Your Financial Future 