My Comments: Here are two charts, associated with the authors comments, that show very clearly that good financial planning for retirement is as much a matter of luck as it is skill. The first chart has numbers that reflect 45 years, which seems like a long time, until you remember that so many of us …
Tag: Gainesville
America Could Have Been One Giant Sweden — Instead It Looks a Lot Like the Soviet Union
My Comments: This is a long, uncomfortable article that predicts how the world might evolve economically and politically over the next several decades. My generation will have passed on soon, but regardless of your political stripes today, it will be different. If you want to take back America, or at least preserve what we have, …
Yellen’s problem with US felons
My Comments: We are a nation of approximately 316 million people, of which roughly 30% are “youth dependent” and 20% are “elderly dependent”. This leads me to assume that roughly half of us are capable of employment of some kind. The next assumption is that if the employable number of people is about 158 million, …
Medical Identity Theft Rising Fast
My Comments: If ever there was a 21st century crime, this is it. We’ve all read about what happened to Target Stores and others where customer information was stolen. What we don’t often think about in this context are our own medical records, scattered across the health care landscape which we inhabit. I’ve been aware …
Which Trust to Use?
My Comments: First, a DISCLAIMER: I am NOT an attorney and it would be best if no one accuses me of practicing law without a license. There’s an ongoing issue about this in Florida right now. But I do get asked questions about trusts and it helps to have a little basic knowledge. I also …
7 Quick Points On Europe
My Comments: My purpose with this post is to confuse you. Yes, that’s right, to confuse you. That’s because even though I claim to be a financial professional of almost 40 years duration, I’m confused. And I don’t want to feel alone. This came across my inbox inside a newsfeed I look at daily which …
The Good News Behind GDP’s Decline
My Comments: For almost four years now, I’ve posted ideas and comments that related to the economy, to investing, sometimes to politics, sometimes just weird stuff. The idea was to give me an outlet where I could be free to share ideas that I thought might be helpful to friends and clients and whomever happened …
Military Retirement Faces Shake-up
My Comments: I did not serve in the military; I failed my draft physical way back in 1959. They gave me a 1-Y classification that said ‘only in case of national emergency’. I don’t think I was upset since by then I was a freshman at the University of Florida and VietNam was looming on …
Social Security: 5 Facts You Must Know
My Comments: With the GOP now controlling the House and Senate, there is increased talk about threats to the Social Security system. After all, this is a socialist program, designed to help the financially weakest among us. I’ve long maintained that small tweaks, similar to what Congress has already done some 20-25 years ago, will …
The Stock Market Is Overvalued, No Matter How You Measure It
My Comments: Some of you will think I’m an alarmist. And perhaps I am. But the signals that have been present for some 18 months are getting louder, much louder. I’ve not included all the charts that appeared with this article as there are too many of them and they are all negative. Here’s a …
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