My Comments: Retirement is not all about money. Yes, having enough money helps a lot, but it’s only part of the puzzle. These 20 steps leaped out at me because so many of them are the default response for millions of people these days. For over 43 years, I’ve spent my life helping people grow …
Tag: gainesville florida
Is a Stock Market Correction in the Cards?
My Comments: I don’t know about you, but I’m tired of thinking about this. Frankly, it can’t happen soon enough for me since I’ve been getting ready for the next one for several years now. And it’s kept me from being confident enough to put my money where it will grow in a meaningful way. …
A Radical, Redistributive Re-imagining of Capitalism?
My Comments: I recently had published in the local newspaper an article I wrote where I described myself as a Social Capitalist. It’s my effort to imply that I’m a capitalist with a social conscience. The challenge for society is to properly define the extent to which pure, unfettered capitalism can be modified to satisfy …
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The US could lose its crown as the world’s most powerful economy as soon as next year, and it’s unlikely to ever get it back
My Comments: It’s my belief that the current administration, in their efforts to Make America Great Again, are doing it wrong. From efforts to remake NAFTA, not participating in the Trans-Pacific Partnership, misguided tariff policies, efforts to limit immigration as existing Americans are having fewer children, tax laws that serve to benefit the already rich …
Will Social Security Be Around for Your Grandchildren?
My Comments: Maybe. But without some changes, what they get may be very different from what folks are getting today. I’ve written several times about how to fix the system without pushing the economy into chaos. Just know that the longer the wait until changes are made, the more disruptive it will be for everyone. …
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How a Shifting Climate Is Transforming Florida
My Comments: I’ve lived my entire adult life in the State of Florida, far from the Keys, which is where this article by Rawaha Haile is focused. My part of Florida is very different. For one thing my house is 75 feet above sea level, it’s surrounded by large oak trees, there’s a cow pasture …
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A Recession Is Coming, And Maybe a Bear Market, Too
My Comments: I’ve lived on this planet long enough to know that when pundits declare “It’s different this time!”, they are wrong. The timing is always different, but the outcome is never in doubt. I will admit to being wrong about when the next market crash will happen. I’ve been expecting one for a few …
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What are ETFs? Are They Different Than Mutual Funds?
My Comments: Chances are you’ve heard of ETFs (Exchange Traded Fund). They are not to be confused with EFTs (Electronic Fund Transfers). Though I suppose it’s possible to have both involved in a given transaction. Given that most of us now realize that fees imposed by Wall Street firms, and non-Wall Street Firms, can be, …
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There’s An Estimated $210 TRILLION Shortfall Waiting For You
The risk of non-performance, ie running out of money, has been shifted from the employer to the employee. (That's YOU...) My Comments: There are two basic types of pension income: Defined Benefit (DB) and Defined Contribution (DC). For most of the 20th Century, the DB option was most common across the United States in the …
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3 Social Security Rules We Can All Agree We Hate
My Comments: The latest budget proposal from the current White House suggests there will be a new effort to partially defund Social Security, Medicaid and Medicare. What exactly do they expect to achieve politically from this effort? Those of us already receiving Social Security benefits plus the many millions more who are aging and becoming …
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Helping Define Your Financial Future 