My Comments: My wife of almost 43 years and I have been very fortunate in that the only deaths we’ve experienced among our extended family has been our respective parents. But I’ve had many a client pass away and from time to time, chaos has followed, along with hard feelings and despair. The quicker everyone …
Continue reading When a Family Member Dies; A Financial Checklist
This expression is unique to America. With it we celebrate the declaration of independence from Great Britain with fireworks and such. As someone born in Great Britain, but now a certified citizen of these United States, the 4th of July is an established part of psyche. But memories of my childhood include the celebration of …
My Comments: This blog post by Hale Stewart, derives in part from his expertise with captive insurance companies, and the fact that they are often set up in an offshore jurisdiction to provide a layer of asset protection for those using the concept. There are now approximately 17 states that allow and encourage the creation …
Continue reading The Legality of Offshore Planning: an Introduction
My Comments: Six months ago, I “loaned” $50 to Starbucks. In exchange, I got a plastic card that I can use to buy coffee and/or other assorted goodies whenever I frequent any Starbucks shop on the planet. I now realize they’ve had the use of my money for months now and have given me nothing …
Continue reading The Caffeine Buzz of Hot-desking in a Coffee Shop
My Comments: I’m fond on the expression that says “just because you’re paranoid doesn’t mean there isn’t someone out there trying to kill you”. I fully understand the perceived need of those charged with keeping us safe to want to use every technological means possible to identify the threats before they become reality. And I …
My Comments: Whatever game of life you are playing, you tend to be more successful if you can identify threats in advance and make choices to reduce or eliminate the damage when they appear. Of course, just being aware of them tends to suggest they never materialize. Just like taking your umbrella with you to …
Continue reading Barry Ritholtz Names Three Major Market Threats
My Comments: Those of you who read my posts regularly know that I am a proponent of the PPACA. I fully expect it to morph over the next several years as unexpected and unintended consequences surface. Ten years from now, it will only resemble the initial legislation. The source of this article is generally very, …
My Comments: First, my apologies for missing posts last Friday and yesterday. We decided at the last minute to spend a few days with friends in the Smoky Mountain foothills. Of course, it may be that none of you noticed. Here's my intro re migrants. As an immigrant myself, I’m interested in this issue. As …
My Comments: For several years, I have held the position, and referenced it several times, that if the gap between the "haves" and the "have nots" in this country isn’t addressed, sooner or later it will result in social chaos. What that means is anyone’s guess at this point, but the riots in the middle …
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 – June 18, 2013
Helping Define Your Financial Future 