My Comments: This article strikes close to home for me, a financial professional for many years. If you are a client, or perhaps a potential client, the finger is also pointing at you. I’ve argued in the past that rules about financial professionals being held to a fiduciary standard, the same standard that applies to …
Tag: Investment advisor
Bits and Pieces – September 6, 2013
NEXT MOVE FOR FED - No one knows when the Federal Reserve will begin tapering its bond-buying stimulus program. That apparently includes the 12 voting members of its policymaking committee, as revealed by the release of the Fed's 30-31 July meeting minutes. A few officials seek to move soon, while the more cautious are inclined …
You Got a Better Idea?
My Comments: I’ve been accused of being a socialist by those who have no idea, fundamentally, of the definition of socialism. If they heard it on Fox News, then it has to be so. I’ve argued in this blog and elsewhere that Obama’s efforts to reform the health care delivery system in this country was …
Obama’s Tightrope Walk
My Comments: This is a subject that is consuming the country and with good reason. Those in favor of a strike and those opposed have logic and emotion in their favor. Personally, I’m not persuaded that a limited strike, mostly symbolic, will have any lasting effect. On the other hand, like it or not, there …
Successful Investing Stems From Process, Not Goals
My Comments: Unfortunately, while this is absolutely correct, virtually all of us measure our success or lack of it by results. How we got there is at that point irrelevant. I’ve been professionally involved in the investment process for almost 40 years, and have cautioned clients over and over again with that famous disclaimer about …
Continue reading Successful Investing Stems From Process, Not Goals
What Syria Means for the Market
My Comments: Wouldn't it be nice if the world and our lives were able to move from one month or year to the next with no unnecessary drama. But it doesn't, perhaps because it can't. Why the issue of Syria caused the markets to leap about earlier this week was the focus of commentary by …
Most Employers Say They’re Ready for PPACA
My Comments: It's beyond my ability to comprehend why the Republicans in Congress are still trying to defund the PPACA. It seems at this point they simply don't like Obama because he has a funny name, or is the wrong color, or because he reached a level in politics they can only dream about. That …
GLOBAL WARMING?
My Comments: Is it my imagination or are more and more folks finally accepting the fact that the earth is warming up? Why it makes any sense to deny the obvious is beyond me. Now, whether we can do anything realistic to stop or even slow it down is an unknown. But as I've mentioned …
‘Mission in a Bottle’
My Comments: Book reviews are way outside my normal comfort zone. But this book is about entrepreneurship, which is way inside my comfort zone. I have not yet read the book, but I have plans to. Review by Jason Abbruzzese | August 21, 2013 4:47 pm Mission in a Bottle: The Honest Guide to Doing …
The New Fed Chair Should Not Be One of the Usual Suspects
My Comments: I recently posted a blog in favor of Lawrence Summers to replace Ben Bernanke as chair. I also suggested that Janet Yellen would be OK. Now here is another argument that unfortunately makes a lot of sense. Clearly, whomever is ultimately chosen by Obama is going to have a huge impact on global …
Continue reading The New Fed Chair Should Not Be One of the Usual Suspects
Helping Define Your Financial Future 