My Comments: I’ve argued frequently that if income inequality is not addressed, our children and grandchildren will be rioting in the streets of America. I’ve also argued that the recent rioting in Louisiana, and elsewhere, ostensibly because of racial issues, is as much caused by economic disparity as it is racial disparity. At the extreme, …
Tag: financial planning
Wolf Blitzer + Donald Trump; 2007
My Comments: No words from me are required or necessary. Just remember this was in 2007, with George Bush in the White House, and a presidential election on the horizon. By pollwatcher on Thursday Aug 11, 2016 Here’s what Wolf Blitzer (CNN) played, taken from the transcript: BLITZER: The war is hovering over politics right …
Trump’s Thin Skin Shows CEOs Are Not Made For Politics
My thoughts on this: We can argue ‘till the cows come home whether Donald or Hillary is more reprehensible. And we can wonder if the other two national candidates will meaningfully affect the outcome next November. Donald may indeed be a nice guy, but I’m not ready to cede him the prize as CEO of …
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The 19 Most Productive Countries In The World
My Comments: Computers and the internet have been the major drivers of worker productivity across the planet over the past three decades. Here in the USA, we think of ourselves as being the best and throw scorn on anyone who suggests otherwise. And like with so many things, we don’t let facts get in the …
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How Much Will Your Health Expenses Be In Retirement?
My Comments: Having access to medical care is a big deal. Having access to medical care that you can afford is a big deal. And it becomes a bigger deal when you are no longer employed and attempting to live the rest of your life with some degree of financial freedom. By Glenn Ruffenach July …
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A DIVIDED AMERICA: Rural vs. Urban
My Comments: Economic reality drives most lives today. It shapes our ideas about politics, about family, about national security, and our fears. Almost all of us agree that life is better with more money than with less money. So where you live has a huge influence on your economic reality, and as a result, how …
Can You Afford to Live Longer?
My Comments: Many of you know that I’ve recently started a series of workshops that focuses on how the Social Security system works. It’s an attempt to help those who will soon become eligible, or are already eligible, better understand a very complex and not user friendly institution in American life. One assumption that is …
Will Trumpism Outlive Trump?
My Comments: Before you criticize me for posting what appears to be a political comment, consider what I think is the takeaway phrase from the following dialog: “Trump doesn’t matter, Trump’s voters do”. There’s a reason there are so many pissed off people on both sides of the Atlantic. And unless and until our elected …
How to Invest in Mutual Funds
My Comments: Mutual funds have been around for about 100 years. Some genius decided to create a new investment model, a stand alone investment. With one investment you now could own shares of hundreds of stocks, in smaller amounts. And the rest is history. Today there are more funds to choose from than you can …
Social Security Recipients May Regret This Decision
My Comments: The default decision for many is to simply sign up for benefits when they reach age 62. The argument is they’ve put money in the system for years, the system might go broke, and it’s time to get rather than give before it's too late. But the demographics suggest this may not be …
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Helping Define Your Financial Future 