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 …
Continue reading Why Mutual Funds Can’t Protect Against a Stock Market Crash
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 …
Continue reading Washington Needs to Prove the Political System Still Works
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 …
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 …
Continue reading NFL, Concussions and Brokers: The Dangers of Denial
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 …
My original idea was to post these every week or so. Many people like to make their own investment decisions and this recap is a great way to gain insight into what is going on globally. This weekly broadcast from J. P. Morgan will give you some insights as to what is going on right …
Continue reading J.P. Morgan Weekly Market Recap – October 14, 2013
My Comments: These words from Gene Lyons were written before the government shutdown. There is less talk today about reversing ObamaCare but there is still pure contempt by many people in this country for Obama, and some are probably racist. One reason I heard recently for the push to reverse the PPACA, was the real …
My Comments: I have no clue how this is all going to play out. My background in economics and finance tells me that no solution, for an extended period of time, will have bad consequences. But sooner or later, those in charge (?) will arrive at something that will make this go away, at least …
My Comments: This is good information and it doesn’t take long to get through it. While the enabling lagislation has flaws that need to be addressed, the fundamental goal is to get all of us paying something into an insurance system. The ultimate effect will be to reduce the cost to those of us who …
Continue reading Not Planning to Buy Health Insurance? Here’s What’s Going to Happen to You
My Thoughts: I’ve expressed my frustration with how Congress and the White House has allowed the current mess to reach todays’ impasse. This article helps me understand, and it points a large finger at the majority of us who can’t be bothered to vote in local and state elections. We unknowingly brought this on ourselves, …
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