A look at U.S. Equities: Record Profits – Where do we go from here?

You may think you have an insight but if you are anything like me, you don't really trust it. However, I do have resources that are very talented and articulate and make coherent arguments that most everyone can follow. To that end, here is a report from J. P. Morgan that you can download and …

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The Real Cost of (NOT Having) LTCI

My Comments: Whether you are already a “senior”citizen, getting close, or have a parent you are concerned about, having Long Term Care Insurance can transform a depressing situation into one that is manageable or better than OK. But it’s a subject few of us want to deal with. I recently took a survey that resulted …

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Retirement is Your Last Chance to Do These Things

My Comments: This idea is variation on the Bucket List. I have one with several items on it that I still hold out hope for. But for whatever reason, I haven’t added to it recently. This takes it a step backward and puts things in a larger context. Am unsure if this is helpful but …

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Why Mutual Funds Can’t Protect Against a Stock Market Crash

My Comments: At last! Someone else who thinks like me with but with better writing skills! This explanation is right on target. For comfirmation of these thoughts, click on the word "risk" just to the left and spend a few minutes watching the presentation. By Roccy DeFrancesco on October 21, 2013 I recently saw that …

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Washington Needs to Prove the Political System Still Works

My Comments: Readers of this blog know that from time to time, I express an opinion about politics or economics. I’m still coming to terms with the efforts by folks I consider nuts to shut down the government and risk a default. Having lived in various places around the world, and been exposed to international …

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Annuities Reconsidered

Since I have grey hair, my clients tend to also have grey hair. And among our concerns is how bills will get paid as time marches on. Social Security and Medicare are lifesavers for many people as financial and health threats continue to surface. But there is much more at stake than social programs sponsored …

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NFL, Concussions and Brokers: The Dangers of Denial

My Comments: This article is from someone who writes extensively about the financial world, in which I live every day. It comes from Bob Clark, ThinkAdvisor Editor-at-Large Investment Advisor Magazine. Whenever those in charge, be they politicians or corporate CEO’s, refuse to accept facts that tend to refute the status quo, it usually pays to …

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U.S. and Iranian Realities

My Comments: I think the name Suicide Caucus, given to the far right by some on the near right is on the mark. There seems to be a mental pathology presenting itself with some of these people. Fortunately, the world continues to turn and the world is again watching us carefully. This article, from George …

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A Magic Clock!

My Comments: Well, not really magic, but what you see might be magical. This is not a profound commentary on the state of government, or investments, or of the world, etc. But it might amuse you for a few minutes, which you can perhaps benefit from. You will find clocks that reveal almost everything, including …

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Time to Retire the Idea of Retirement

My Comments: The idea of retirement has been part of my psyche since day one. My parents had friends while I was growing up who were retired and there was discussion about retirement in the household. Over the following years, the idea was mainstream, expected, and normal. Now, not so much. When you think about …

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