My Comments: Am not really sure what this means but anytime I see a positive outcome that may be the result of the PPACA, I pay attention. That’s because I want the PPACA to work, and work well. It’s past time to really identify its flaws and get people to fix them to the benefit …
Tag: investment advice
Court Rules in Favor of IRS on Obamacare Tax Credits
My Comments: The plainfiff in this case at least acknowleges that Congress passed the PPACA. This is at least a small victory for those of us who believe the PPACA is a good thing. If you are an American, you should be able to participate in the bounty offered by this country, one feature of …
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The Danger Overlooked By Most Long-Term Investors
My Comments: I often tell my clients that if I did have a crystal ball, we’d not be having this conversation as I would probably be vacationing in the south of France. Or somewhere warm. So going into 2014, there are lots of the usual questions including the memorable one in the media these days, …
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Chained CPI Could Cut Social Security Benefits
My Comments: The following is an arcane topic that will bore some of you and cause you to find something else to read. That’s OK. But for those of you interested in what might happen to your Social Security income, you might find it interesting. Economic fundamentals tells you that, over time, a balance has …
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Solving the Shortage in Primary Care Doctors
My Comments: I have a number of physicians among my clients and friends. Virtually all are uncertain about how the PPACA is going to impact their profession. Those not retired are concerned, but understand that if their commitment to their patients stays as strong as it is now, they will be OK. But that doesn't …
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Don’t Fret About Soaring Asset Prices – This Time Is Different
My Comments: I hope everyone had a safe and happy celebration to start 2014. With it coming during the middle of the week, my internal calendar is kinda messed up; it seems today has to be Monday. But back to the real world. My first inclination when asked to understand something not readily understood, is …
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Why Taxi Cab Drivers Cannot Put Down Their Smartphones
By John Gapper | The Financial Times The New York minicab service I used to favour communicated in code. When you rang and gave your address, the radio dispatcher would reply “five minutes” and hang up. This meant a cab would arrive at any time from one to 10 minutes later. “Seven minutes” meant 20, …
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The Unlikely Secret to a Happy Retirement
My Comments: Who knew? If I'd known this before, would I have planned any differently? Maybe. By Dan Kadlec Dec. 12, 2013 With a savings crisis so deep that more than half of American adults are unsure they could scrape together $2,000 within a month for an emergency, it may seem tone deaf to worry …
The Future of OPEC
My Comments: In part this is a follow up to the posts about the US-Iran deal recently completed. What is often not seen or talked about is our increasing lack of dependance on Middle East oil. That dependency has been the reason for our friendship with Saudi Arabia. This despite where most of the 9/11 …
Long Term Care Insurance Rates for Women Will Go up in 2014
My Comments: This has always proved to be a difficult conversation with clients. When they are relatively young, the topic is far away unless they have a parent with issues. And then the money has to be reserved for their care. And when you reach my age, there is still a strong denial that you …
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Helping Define Your Financial Future 