My Comments: After almost 40 years as a financial planner, there’s not much I haven’t seen or experienced as a professional financial advisor. But this analysis talks about clients and that they typically belong in one of these four categories. For me, knowing how to identify which one you might belong to gives me a …
Tag: financial plan
Gold Is The “Dumbest Commodity” In History
My Comments: Has anyone told Glenn Beck about this yet? Not sure I want to hear his response. However, if you want to have gold as part of your portfolio, we have it available through a program called Managed Alternative Assets. Good stuff. September 23, 2013 • Evan Simonoff Anyone who tells you gold is …
Obama and the Crumbling of a Liberal Fantasy Hero
My Comments: Notice the date on these comments from Mr. Rachman. They were real then and they are more real today. Perhaps the specifics of Syria are now in the rear view mirror but the perception they leave is mixed. On one hand it can be said “we are NOT at war” and on the …
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Bits and Pieces – September 6, 2013
NEXT MOVE FOR FED - No one knows when the Federal Reserve will begin tapering its bond-buying stimulus program. That apparently includes the 12 voting members of its policymaking committee, as revealed by the release of the Fed's 30-31 July meeting minutes. A few officials seek to move soon, while the more cautious are inclined …
Successful Investing Stems From Process, Not Goals
My Comments: Unfortunately, while this is absolutely correct, virtually all of us measure our success or lack of it by results. How we got there is at that point irrelevant. I’ve been professionally involved in the investment process for almost 40 years, and have cautioned clients over and over again with that famous disclaimer about …
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Most Employers Say They’re Ready for PPACA
My Comments: It's beyond my ability to comprehend why the Republicans in Congress are still trying to defund the PPACA. It seems at this point they simply don't like Obama because he has a funny name, or is the wrong color, or because he reached a level in politics they can only dream about. That …
‘Mission in a Bottle’
My Comments: Book reviews are way outside my normal comfort zone. But this book is about entrepreneurship, which is way inside my comfort zone. I have not yet read the book, but I have plans to. Review by Jason Abbruzzese | August 21, 2013 4:47 pm Mission in a Bottle: The Honest Guide to Doing …
Bits and Pieces – August 20, 2013
DOW DIPS - Familiar story behind a fall in stocks: fears that the Fed is about to begin a taper off of its bond-buying program. The indexes moved lower as St. Louis Federal Reserve President James Bullard said there could be risk of excessive inflation in the future. Yesterday, Atlanta Fed President Dennis Lockhart lifted …
Hope for Demoralized Would-be Retirees?
My Comments: It’s sort of like watching grass grow, or perhaps watching an old car turn to rust. You know it’s happening but you can’t just stand there and expect to see a difference from one moment to the next. The authors of the study referenced in this article talk about Dimensional Fund Advisors or …
Estate Planning is Dead — Long Live Retirement Planning!
My Comments: While these comments were directed toward advisors like me, they are representative of something that happens to many of us over time. What we are trained to do, and from which we earn a living, changes and we become irrelevant. An example happened in Detroit, once the heart of American car manufacturing. And …
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Helping Define Your Financial Future 