My Comments: I’ve been talking about retirement with clients for the past 30 years. From day one I’ve stressed that I have no idea what I’m having for supper tonight, much less how much money they will need 30 years from now. We can make projections and predictions until the cows come home but it’s …
Continue reading Your Retirement Plan Could Be Seriously Flawed
My Comments: History does typically repeat itself. Whether its human frailty or the laws of physics, the past is usually a glimpse into the future. Cries of ‘this time it’s different’ usually prove to be false. It’s not what happens that has a critical effect on your financial future, it’s how you manage the inevitable. …
My Comments: You've already read my comments about the significance of interest rates. They are going to start going up; when is the big unknown. By Akin Oyedele, September 9, 2015 Larry Summers is convinced the Federal Reserve will make a huge mistake if it raises interest rates next week. Two weeks ago, Summers wrote …
My Comments: A recent letter to the editor of the Gainesville Sun suggested there was a conspiracy afoot, run by the US Government, to whit “How was it possible for anyone to survive when banks were only paying 1% on Certificates of Deposit.” While the question itself is legitimate, the context implies a vast ignorance …
My Comments: This person may be right, or not. Yesterdays sell-off sure was ominous but you never “know” until it’s too late. One way to profit from the downturn is with alternative investments. Only very few investment managers use them as a matter of course when promoting their skill set to the public. Those of …
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 …
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 …
My Comments: Those of us with money we plan to use in retirement have to pay attention to what is happening to the stock and bond market. If nothing else it helps us decide if we want to manage it ourselves or get someone to help us. I think we’re due for a correction. I’ve …
My Comments: As a resident of Gainesville, Florida since 1959, I remember when I-75 appeared locally. Bud Johnson and I would explore the countryside on our bikes on weekends. Among my memories are a bridge under construction near Warren’s Cave and I-75 was simply a cleared trail through the woods. Another day we found ourselves …
My Thoughts: An example of our insignificance in the universe; here is a short (1.10 mins) video that portrays a shower of gamma rays from a galaxy far, far away. The video was posted on a web site I often visit sponsored by NASA. Every day there is new image or video that reflects something …
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