My Comments: Dr. Doom here again. And boy, do I love this first chart. Many of my colleagues have been encouraging our clients to sit on the sidelines now for about two years or more. And we’ve been blasted because the DOW and the S&P just keeps going up. Unless you believe the world has …
Tag: Gainesville FL
A few more Laws from Murphy
A reminder: Murphy’s Law states that if anything can go wrong, it will. So here are a few more: Cohen's Law: What really matters is the name you succeed in imposing on the facts, not the facts themselves. Manly's Maxim: Logic is a systematic method of coming to the wrong conclusion with confidence. Murphy's Corollary: …
Will Trumponomics Actually Work?
My Comments: No need to freak out here; it’s not written in a strange language. This is a short, understandable comment that appeared in a fundamentally sound forum about business and economics. Unless we are happy being in debt to someone else, our primary effort is to spend less than we actually earn, since taxes …
Russia has a grand plan to undermine the West’s democracies — and it’s working
My Comments: Several months have passed since this was written but the message is as real today as it was then, perhaps even more so. I’m almost willing to give 45 and his cronies a pass since I don’t think it was, or is, their intent to subvert our system of democracy. But they sure …
Continue reading Russia has a grand plan to undermine the West’s democracies — and it’s working
Social Security Taxes
My comments: Social Security is under threat. It’s running out of money. Sort of. Back in 1983, under President Reagan, Congress made some changes as, like now, the future of the program looked cloudy. They increased the age at which you qualified for full benefits, they increased the percentage of earned income you paid into …
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 …
Continue reading China Can’t Carry Global Economy if U.S. Stumbles
Donald Trump Is Handing China the World
My Comments: This is a topic that resonates with me, and yes, it probably conforms to my bias as a left leaning Democrat. And yes, creating a total rethink of the assumptions about government and it's role in society is something I can live with. However, for the past 12 months or more, the message …
It’s Economics, Stupid!
Four words surfaced in the 1991/92 presidential election cycle that put Bill Clinton in the White House. Those four words were “It’s the economy, stupid!”. My thoughts here echo that catchphrase but extend beyond the recently completed election cycle and instead are an attempt to better understand the current malaise that is gripping the country, …
6 Retirement Lessons
My Comments: My professional efforts these days are focused on helping people make good decisions about their retirement. My grey hair lends itself to this demographic. So my posts tend to favor ideas and thoughts that are relevant to many people either starting to navigate these transitional waters to retirement, or are already there. Nov …
3 Secrets to a Comfortable Retirement
My Comments: These lists are usually somewhat pathetic. Why just 3 secrets; why not 5? And these are not really secrets. But I needed something to try and catch your attention today so here are 3 Secrets! I think it’s very possible that the next 30 years are going to be far less ‘profitable’ than …
Helping Define Your Financial Future 