My Comments: The word “bubble”, in the context of investments, has come to mean a time when values are overstated, and many people are going to suffer financial disaster. The classic examples include the Tulip Mania, where in February 1637 in Denmark, some single tulip bulbs sold for more than 10 times the annual income …
Tag: financial planning
Ignore The Deficit Hawks: Social Security Is Easy To Fix
My Comments: Social Security can be a hot button issue from time to time. Proponents of small government decry the socialist trends foisted on this country by Democrats over the years. And while I've been a Democrat all my life, and a proud recipient of checks from the SSA for about six years now, I've …
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Forty Percent of Small Business Owners Don’t Save For Retirement
My Comments: I’m a small business owner and have been for almost forty years. I’m in the business of helping others retire, and I have to confess to you that I’ve done a poor to average job preparing myself for retirement. Fortunately, my health and my profession allow me to continue to work, never mind …
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Thought for the Week:
"Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale." Zig Ziglar So I asked my clients, "which would you prefer; a plan that has a 70% chance of success or one that has a 90% chance of success?" We had been discussing how to …
5 Crucial Pieces of Retirement Advice for Women
My Comments: Many of my clients are widows. They became my clients when their husbands were alive and over the course of time, we are where we are today. Today, I do my best to help them manage their financial lives and provide some measure of assurance about their financial future. Clearly, women live longer …
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How Will the Presidential Election Impact the S&P500?
My Comments: Oceans of ink will be used in the next several weeks as pundits from across the spectrum weigh in on the likelihood of their favorite candidate winnning the White House. My sense of the issue when it comes to investments is that there are forces way beyond the influence, much less control, of …
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Mister Dow 5,000 Strikes Again!
My Comments: My habit is to post a blog every Monday about investments and retirement planning. My intent is to help educate you about the forces out there that will influence how your money will grow in the years to come. Among the writers I’ve come to revere over the years has been Nick Murray. …
The US Economy May Surprise Us All
My Comments: Yes, the last few years have been very frustrating for those of us concerned about jobs, earning a living, having confidence that life will return to normal. The stock market has done OK, but you don't have to listen to politicians to notice all the empty buildings around town. To those who will …
Exploring Mitt Romney’s Taxes and Tax Plan
My Comments: There’s really nothing I can add to this. Bruce Bartlett held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs of Representatives Jack Kemp and Ron Paul. He is the author of “The Benefit and the Burden: Tax Reform – Why We Need It and What …
IRS Exams: What They Mean for Taxpayers
My Comments: Right now is a relatively quiet time for those individuals and firms who make a living doing tax returns. Everyone I know, and I know many of them, have a lump in their throat when they think about January and the coming year. That's when the rubber hits the road and most, if …
Helping Define Your Financial Future 