My Comments: Aging gracefully is not easy. When getting up in the morning is a struggle and you can’t remember if you’ve brushed your teeth, there may be a looming bump in the road. Dr. Gloom here again. I suppose there is value in denial. At least I hope so. Couple that with both the …
Tag: financial planning
Equality or Chaos?
‘We get signals that the system is under enormous stress’ - Mohamed El-Erian A leading global economist and investor believes world leaders, and global capitalism, have reached a fork in the road between equality and chaos. Mohamed El-Erian is a name known to me for many years. When he speaks, I listen. I recommend you …
America’s Wealth Inequality Is Getting Worse
My Comments: Readers of this blog know I’ve railed against the growing income inequality in this country for a long time. Income inequality is inherent in the human condition. Since recorded time began, it’s clear there were “haves” and “have-nots”. In recent times, the disparity really started to diminish following the great depression in the …
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The Keys to American Growth
My Comments: Demographics is an economic force to understand. Without people, growth and prosperity will diminish. Neither children nor the elderly can be counted on to work the fields and build houses. That leaves people in the middle and unless we grow them at home, we have to import them from somewhere else. That means …
Cheap Electricity and Food
My Comments: Over the next 25 years, the US will resume it’s role as THE major global economic influence. You can argue it will happen as a result of bringing coal mining jobs back to Appalachia or because there will be a wall built along our Mexican border, one built by Mexico with help from …
How Not To Screw Up Your Investments
My Comments: Basic stuff for some of us; gibberish for others. So if you have difficulty with this, ask your financial advisor for help. Dana Anspach on April 6, 2017 Smart investors follow an asset allocation plan. An asset allocation plan tells you how much of your total investments should be in stocks versus bonds …
China Can’t Carry Global Economy if U.S. Stumbles
My Comments: Last Thursday and Friday I re-posted two articles about the US and China. This is related to those two. We as a nation have about $20T (that’s TRILLION) of debt. Sooner or later, we have to pay it back, and #45 has promised huge infrastructure and defense spending increases. Either we grow our …
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The Best Way to Invest in Index Funds
My Comments: It’s important that some of your money be exposed to the risks and rewards of the stock and bond markets. Not all your money, perhaps 25% of it. So what’s the next step? There’s an increasing awareness of fees and commissions and how they have the potential to erode the value of your …
The Big Problem With Democrats’ and Republicans’ Social Security Proposals Is They’re Both Right
My Comments: We long ago decided as a society that letting huge swaths of our population, the elderly, suffer and die early was not in our best interest. This premise has been part of the fabric of every society for millions of years. In the 1930’s it was decided that it was not enough to …
Your Local Social Security Office: Who Can Help
My Comments: There are a lot of good people working for the Social Security Administration. It’s just that some of them are not equipped to answer your questions. This leads to frustration and sometimes making the wrong choices. Here’s an article that might be helpful if you have questions of them and need the right …
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Helping Define Your Financial Future 