My Comments: For the past several days I’ve been involved in a fantastic LinkedIn discussion about why so many foreigners come to this country for medical care when we rank dead last in globally published metrics. The gist of it is that if you can afford it, we are fantastic, but if you can’t, then …
Tag: financial planning
The Paradox of Investment Risk
My Comments: First, let’s both understand we are talking about financial risk. Second, financial risk for me is likely to be defined differently from how you define it. Third, there is always an element of uncertainty about any future outcome, whether it's getting married, having children, accepting a new job, etc. Uncertainty implies a potentially …
Want to Increase Hospital Revenues? Engage Your Physicians
My Comments: Keeping more of what you earn resonates with a lot of people. I recently found a newly minted idea that dramatically increases ones ability to keep more of what you earn. It dovetails with this post about physicians. But it is not limited to physicians and hospitals, but to virtually any successful small …
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Generation Z, the world’s saviour?
My Comments: 1) call me slow, but I’ve not heard of Generation Z. 2) does the world need a saviour? 3) never mind the spelling; this comes from the Financial Times, which comes from London. 4) I was once in the 16-25 age group and look at me now. 5) without Eric Cantor, who is …
The Return of the Inflation Chupacabra
My Comments: A few weeks ago I wasted several hours exchanging replies with someone who asked “who is responsible for inflation?” My initial response was to the effect it is a “what” question and not a “who” question. But that soon devolved into discussion about irrelevant issues that I decided meant the writer had never …
There Isn’t Going To Be A Crash Anytime Soon
My Comments: Last week I posted an article that suggested you be very cautious with your investments going forward. This article says “never mind”, all is well, keep going. Unfortunately, from my perspective, both are completely rational, plausible, and probably accurate. Which means that I have no earthly idea how this is going to play …
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3 Reasons The Current Equities Market Is Exhausted
My Comments: Many of my clients are asking how come their investments are not as exciting as what they hear on TV these days. And my standard answer is that exciting comes in two flavors, great and frightening. For the most part, I’m trying to help them avoid the frightening part. For many years I …
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Could Obamacare Prompt You to Retire Early?
My Comments: Retiring early is a desired goal for many people. For one thing, they really don’t like what they do, and two, they think they have either enough money or time to fill their lives. I planned to retire at 65, which seemed sort of normal. But then came the crash of 2008. It …
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6 Social Security Traps to Avoid
My Comments: (I’ve missed a couple of posts for which I apologize. We went to my 55th high school reunion and met some interesting people. Much more interesting than thay were 55 years ago, assuming I remembered them at all. The prevailing sentiment was to congratulate each other for being upright, breathing and taking noursishment.) …
10 Common Estate Planning Mistakes (and how to avoid them)
My Comments: As you can imagine, estate planning is not for the faint of heart. But it matters for some of us, who have spent years and years accumulating assets. While this happens, people get married, they get divorced, they have children, some of whom are considered responsible. I had a recent conversation with someone …
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Helping Define Your Financial Future 