My Comments: Sooner or later, the penny will drop. Joe Ciolli \ Jul 30, 2017 To a growing chorus of strategists and investors across Wall Street, the stock market looks like it's headed for a rude awakening. Their mounting pessimism comes at a time when US equities are looking healthy, at least on the surface. …
Continue reading Wall Street is sending huge warning signs for stocks
My Comments: Financial illiteracy is a huge problem. But many people have no idea it applies to them. The other day I was trying to explain something to a widow in her 70’s and it was like talking to my six year old grandson. People should be exposed to the markets. But they need to …
Continue reading How do I safely invest my retirement savings for growth?
My Comments: I consider income inequality the greatest existential threat to our democracy. It manifests itself as a shrinking middle class in these United States. It has the potential to erode what we think of as rational and peaceful co-existence among nations globally. It’s what continues to drive the tensions and conflict in the Middle …
Continue reading The Business Case for Fighting Growing Inequality
My Comments: The article below comes courtesy of a writer by the name of General Expert. He/she/they write extensively and appear on an investment news feed I follow called Seeking Alpha. You'll have to draw your own conclusions about the message but I, for one, find it interesting and informative. Here’s a link to the …
My Comments: It’s clear from the questions I get that people starting the transition to ‘retirement’ are easily confused by Social Security. They know it’s there; they’ve been paying into it for years. But there are enough variables to paralyze you if you let them. Todd Campbell \ Jun 26, 2017 There's a lot of …
My Comments: There is a lot of fear these days about money. We all know that from time to time the markets experience a correction. Depending on how old you are and when you expect to use the funds you have, this fear is normal. So how do you deal with it? Again, depending on …
My Comments: In 1983, when Social Security was on the verge of going broke, Congress made some changes to keep it alive and well. It’s again on the verge of going broke and there are ways to fix it. But were not yet close enough to the edge of the cliff for there to be …
My Comments: How fast will your money grow? An expectation of growing money at an annual rate of 7% to 10% going forward is probably unrealistic. Interest rates and inflation rates are relatively low, and global economic growth rates are likely to slow down over the next two decades. See my earlier posts to understand …
Continue reading A 60-40 Portfolio Could Return Less Than A Savings Account
My Comments: This doesn’t tell the whole story. But it helps. And, yes, this does have political implications. Make America Great Again is a very complicated matter. What a surprise. And you thought it would be easy and would happen overnight after we drained the swamp. Well... Donald Boudreaux is a senior fellow with the …
Continue reading Protectionists Are Wrong About Unemployment
My Comments: It’s a given there will be a ‘next recession’. People much smarter than me say it’s not many months away. It’s a normal event and we’ll most likely survive. What we may not survive, however, apart from a random collision with an asteroid, are the effects of income inequality across the planet and …
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