Obama Planned Big Budget Cuts All Along

My Comments: I’m trying to decide if the author of this article is fundamentally to the left of the Obama administration and therefore critical of his lack of fire in promoting new revenue sources for the country, ie higher taxes, or whether the writer is critical because virtually everyone on the right is critical, regardless …

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Legacy, Estate Planning as Important as Retirement

My Comments: I expected to be retired now. But I'm one of millions who find it better to keep working and use the daily mental challenge to stay healthy, and because the income is welcome. But the topic here is not an easy one to resolve. I can attest to the difficulty of talking with …

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Austerity Obstructs Real Economic Reform

My Thoughts on This: This article comes from the Financial Times, a primarily English publication. If it has a bias, it is probably toward what we think of as liberal. And I’m usually forced to copy the entire post for those of you who are interested since to create a link forces the reader to …

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Putting China’s “Hacking Army” into Perspective

My Thoughts on This: As I get older, I become increasingly interested in how the future is likely to unfold. Part of it, I’m sure, is how much of it will I see, what will it look like, will I be there for my grandson’s high school graduation? We have reason to be somewhat fearful …

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Obama Has a Deficit Reduction Plan and Republicans Don’t

My Thoughts on This: I'm not sure this is quite accurate. I'm not sure if anyone has a definitive deficit reduction plan. Clearly, no one in Washington seems particularly upset by the idea that there are going to be across the board cuts in the next several days that are going to impact the country. …

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Retirement Security Gets More Complicated

My Comments: While this was written a few weeks ago, the underlying theme is entirely valid today. There is little chance that interest rates are going to see any significant increase over the next 24 months. The Fed has said they are not going to mess with them for perhaps two more years. There is …

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Changes Coming in Long Term Care Insurance

We have been hearing that the leading LTC (long term care) insurers have all filed or will soon be filing for sex distinct rates. Up until now, there has been no distinction in the pricing of contracts between male and female. Some companies offered discounts when husband and wife both bought a policy which was …

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Transatlantic Pact Promises Bigger Prize

My Thoughts on This: As an investment advisor with clients who depend on my judgment about where to put their money, I tend to follow economics and global politics with a profesional interest. This article comes from Great Britain. There are almost always pros and cons to consider when playing the financial odds about the …

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Panel: No Need To Sweat The End Of 30-Year Bond Rally

My Comments: All of this reinforces my advice as a financial advisor for my clients to use the programs from Purcell Advisory Services. Yes, this is a commercial, but if you have money to invest, and are not happy with where it is or the folks allegedly looking after it, click on this maze image …

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Corporations Are Sitting on More Cash Because There’s More Cash To Sit On

My Comments: This is one of the reasons why so many people expect the markets, especially the stock market, to do well in 2013. One of the uses for all this cash is to buy back stock, which in turn reduces the supply, and if you know a little bit about economics, if you reduce …

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