At Schwab Impact, Chuck Schwab talks alternative investments, one benefit of Dodd-Frank and why he’s willing to write a bigger tax check. My Comments: Most of you know that I'm a center left Democrat. I also pretend to be an economist with a reasonable understanding of economics, finance, and how the world of money works. …
Continue reading Chuck Schwab: We’ll Go Over Cliff, but Let’s Move On
My Comments: This post is directed to those of you who are not now my clients. If you are my client (and/or friend), you know that for me the glass is always half full. It’s the way I’m wired. The target reader of this article are other financial advisors. The author is trying to help …
My Comments: All this in spite of the fact we are in the middle of a secular bear market. One which is likely to take at least three more years and two large sell-offs before we can declare we are now at the start of a secular bull market. The last secular bull market ran …
Continue reading Stock and Bond Funds Appreciate by $1 Trillion in 2012
My Comments: OK, so it’s still Thanksgiving! Tell that to the folks running to the mall to participate in Black Friday. For me, that’s an economic phenomenon that helps justify my blog post today. After all, this is GOOD NEWS, news that we can be THANKFUL for, even if it is about economics, that nasty …
My Comments: While the election is over, and ObamaCare will not be repealed, there is still massive confusion and misunderstanding by all parties about what it all means for you and me as consumers of health care, and the doctors who look after us. Surveys suggest that doctors are very fearful that what had been …
Continue reading 55 Billion Reasons for Consumer-Driven Care
My comments: I interpret the phrase, “money management” to mean everything necessary to help a client get from point A to point B with more money than they started with. All of us in the investment advisory business work hard to understand all the variables, and apply them intelligently to the needs of the client. …
Continue reading What Constitutes High-Quality Money Management?
My Comments: This whole episode is so mindbogglingly stupid that I simply shake my head in dismay. Yes, I know, hormonal activity is not something easily brushed aside, but this is a man with an allegedly iron will whose self discipline is legendary. But, since this is Friday, I’m still exhausted by the recent election, …
My Comments: For years I've sort of paid attention to omens; how else are you going to justify the bizarre outcomes that invevitably happen and influence how much money my clients end up with over the years. The tempatation, no matter how professional you try to be, is to respond to the advice of those …
Continue reading 8 Stock Market Omens That Influence Investors
My Comments: I have absolutely no idea how the next four years are going to work out for any of us. I am optimistic that it will be OK because for me the glass is always half full. It’s not in my nature to get wrapped up in woe and gloom. For better or worse, …
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