My Comment: I don’t enjoy paying $4.00 for a gallon of gas for my car. While I know it’s cheap compared to the price others pay around the world, I simply don’t like it. But I have to get from here to there, just like everyone else, so I grumble and moan (my wife says …
Continue reading Away With Jerry Cans! Oil Bubble is Bursting!
My Comment: I don’t want to see ObamaCare struck down. Yes, there are elements that need to change, ideas and components that perhaps should not be there. But to throw out the whole idea because there are elements that have developed unintended consequences is foolish. There is a parallel here between an assertion that since …
Continue reading ObamaCare Collapse Would Put Employers in Charge
My Comment: Here is award letter #7. The University of Alabama is well known to all of us. This is for someone enrolling as a freshman in 2010. That’s a lot of money that doesn’t have to be paid back. Click on the image to the right to access the overview I created for CollegeMoneyNow.
Buckets vs. Systematic Withdrawals By Mary Beth Franklin My Comment: These are two questions that create confusion among retired and almost retired clients. Actually, in almost 40 years, no one has asked me these specific questions, but they exist all the same, and the answers are hard, if not impossible, to answer. Retirement in my …
Continue reading How Long Will I Live and How Much Money Will I Need?
My Comment: Unfortunately, I’m old enough to remember when Henry Kissinger was our Secretary of State. ( Or perhaps fortunately, since I read the obit column closely these days. ) In either case, he’ll go down in history as a major player in 20th century American history. The author below is referencing comments from Mr. …
Continue reading Hubris Drives Mistrust in U.S.- China Relations
My Comment: The headline in today’s Gainesville Sun was that Gov. Scott’s veto pen was not as severe toward the University of Florida as had been feared. Here in Alachua County, UF is the economic engine that drives all of us. But while everyone fears their ox being gored, if the revenues aren’t there, and …
My Comment: I went to college ( many years ago ). My parents and I never considered any other option. It was the natural thing to do, a simple extension of high school, and since I had the grades, I applied to the University of Florida, was admitted, and the rest is history. Frankly, I …
For those of you who like to pay attention to this stuff, here's this weeks best summary:
My Comment: Whenever I read something in an investment magazine that talks about risk and it is never made clear what is meant by “risk”, I end up feeling cheated. Virtually everything we do in life has a “risk component. Driving to the store to buy milk, taking a vacation in Europe, forgetting your boss’s …
Continue reading How Much Risk Do Clients Really Need to Take?
Thomas A. Edison didn’t give up, and neither should you. My Comment: I've long had an argument with myself whether the glass was half full or whether it was half empty. I've concluded, more than once, that it's half full. My reinforcement of this state of mind often comes from something sent to me perhaps …
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