My Comments: Readers of this blog will recall my observations about risk in general and in particular, those that will influence our economic well being in years to come. With the new administration seemingly in favor of conflicts over trade between nations, and of retreating from the forces that have fostered global economic growth for …
Tag: financial planner
The Makings of a Caliphate
My Comments: As a lifelong Democrat, I’m very aware that if a million more people in this country had better jobs and were feeling good about their financial future, Hillary Clinton would probably be taking the oath of office later this month. But they didn't so a different force will be running the asylum for …
Welcome to the Exponential Age
18 years ago, the Eastman Kodak company sold 85% of all photo paper on the planet and employed 86,200 people, 46,300 of them in the US. By 2015, they employed 6,500 people and surrendered what was left of the photo paper business so they could emerge from bankruptcy. You may recall digital cameras were invented …
Radical New Hypothesis For Why Humans Exist
My Comments: from time to time my mind tends to wander. Some of you might argue it’s much of the time, but at least it wonders. This may not sit well with some of my friends who believe there is an insurmountable chasm between their faith and the world around them but , for me, …
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A Primer on Social Security Spousal Benefits
My Comments: For many millions of us, the monthly Social Security check keeps us housed, fed, and clothed. This is something society has provided for it’s elder citizens since civilizations appeared on the planet. The way it’s accomplished has changed, but the basic premise has not. Why is that some we have put in charge …
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Wall Street’s 2017 Forecasts And Campaign Promises
My Comments: We’re almost there. Whether it turns out OK or not remains to be seen. I suspect it’ll turn out better than many forecast and worse that many expect. Where you and I will fall in all this is a total unknown. But the combined intellect of those making these forecasts is staggering, so …
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Market Insanity Reaches Record-Highs As Investors Flock Into The Biggest Bubble In History
My Comments: So much for being an optimist. There’s a point where it simply makes sense to take your money off the table and put it under the mattress. At least for a while. The markets are being driven by those who are convinced Donald Trump is the second coming. These folks seem convinced that …
White House Personalities Going Forward
My Comments: Like it or not, the next four years will be different. The new “normal” in terms of the leadership, or lack thereof, coming out of Washington, DC. will change. For some this might be a good thing, but I have my doubts. The stakes are very high and much of what I see …
Last seen in 1929, in 2000, and 2008
Stocks have only been this expensive during the crash of 1929, the tech bubble of 2000, and the last financial crisis in 2008-09 My Comments: Economics 101 teaches us that owning shares of a stock means you own a piece of the company that issued the shares. It’s value on any given day is what …
The Alienation Of America’s Best Doctors
My Comments: For those of us in our mid 70’s, access to competent medical help is critical to our peace of mind. Here in Gainesville, we take it for granted, provided you have the ability to pay for it. As an aging member of American society, I hope there is no disruption of the existing …
Helping Define Your Financial Future 