My Comments: My monthly Social Security benefits, coupled with Medicare, are a critical element contributing to our peace of mind as the years roll by. I don’t care if others argue against us becoming a socialist society. To some degree, we’ve been one since 1776. Aug 14, 2015 | By Suzanne Woolley (Bloomberg Business) -- …
Tag: Gainesville FL
2 Phase Bear Markets
My Comments: This is a great overview that needs to be read and understood if you have money in the markets, especially retirement money. If you know how, you can find ways to make it grow when everyone around you is falling backwards. There is a link so you can see the great visuals and …
Does the Government Steal Your House When You Get a Reverse Mortgage?
My Comments: People of my age are living a lot longer than before, and many of us are still distressed by what we now call the Great Recession. Whatever your financial circumstances, it’s proven once again that in our society, having more money is better than having less money. Many of us are increasingly frustrated …
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Stopping the Iran Nuclear Deal
My Comments: Readers of my daily posts know I agree with the proposed agreement. I disagree with the notion that the inevitable outcome of failing to approve the deal is war with Iran. But that’s not to say there won’t be some serious negative consequences. Switzerland, for example, has already lifted most of it's sanctions …
Saudi Arabia May Go Broke Soon
My Comments: If Saudi Arabia ceases to function and Iran has a nuclear weapon, what are the implications for the rest of the world? I accept that I’ll be just a memory by 2045. However, the United States may then be the only country on the planet with the ability to both unilaterally feed itself …
Obama’s Long, Hot Iranian Summer
My Comments: To deal or not to deal, that is the question. Most people are focused on the political implications of the agreement, and whether it's a good deal for us or not. I'm very concerned about the economic implications as well. My blog post tomorrow talks about the high probability that Saudi Arabia will …
A Death Blow To An American Industry
My Comments: I rarely post on the weekend, but since it’s August and many of us are driving somewhere for a few days, this seems relevant. It's mostly about the money we pay for gas these days at the pump. But there will be significant ripples across the planet as this plays out. While a …
Health Care Spending to Increase Moderately
My Comments: There was little talk among the 17 candidates yesterday about trying once again to repeal Obamacare. Why is that? Once again, projected health care cost outcomes are moving in the right direction, downward. Yes, overall spending will increase, but by far less than happened before the PPACA. Just suppose, if over the past …
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PPACA Premiums to Rise 4% in California
My Comments: During my 40 years as an insurance agent, I sold my share of health insurance policies. Over these years, it became normal to see annual premium increases of 6% to 8% every year. These increases were driven primarily by Big Pharma (the drug industry) and by hospitals. For them it was the cost …
Social Security Mistakes That Can Be Fixed
My Comments: With so many of us soon to retire, and the not so obvious complexity of Social Security, there comes a time for many when decisions made ask for a redo. Some are possible and this short article describes some of them. If you have yet to claim benefits or are less than 12 …
Helping Define Your Financial Future 