My Comments: When I saw this, I was surprised. When you have family wealth of many billions, you don’t expect to see a nuanced economic commentary. It’s refreshing to see someone clearly at the very top of the economic pile, writing in recognition of those near the bottom. Of course, it helps that if those …
Tag: Investment advisor
2 Phase Bear Markets
My Comments: This is a great overview that needs to be read and understood if you have money in the markets, especially retirement money. If you know how, you can find ways to make it grow when everyone around you is falling backwards. There is a link so you can see the great visuals and …
A Century of Defense Spending In The United States
My Comments: With deal with Iran now in play, the focus is increasingly on the choice between war and peace. We either come to terms with some kind of negotiated settlement, or we accept the idea of sending young men and women off to die once again. I read recently that of the 239 years …
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Insurers Backed Obamacare, Then Undermined It; Now They’re Profiting From It
My Comments: Remember those frantic days right after the PPACA was passed? How soon would we see death panels? Could Grandma survive? The world would end very soon. In my writings, I've argued there are five primary stakeholders in the health delivery system here in these United States. 1. Insurance companies; 2. pharmaceutical companies; 3. …
Continue reading Insurers Backed Obamacare, Then Undermined It; Now They’re Profiting From It
5 Dumbest Investing Bets
My Comments: There is a distinction between dumb and ignorant. The second you can fix with mental effort, but the first just happens. Sometimes I wonder if people are born this way or whether they have to work at it. These five ‘bets’ happen often. Many times it’s because someone has “sold” them the idea, …
Bond Crash Across the World As Deflation Trade Goes Horribly Wrong
My Comments: You can call me an alarmist if you like, I really don’t care. We are long overdue for a market correction, from both a stock value perspective and interest rate perspective. If you don’t believe it’s coming, I have some nice real estate just east of Daytona Beach I can sell you for …
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Iraq’s Least Worst Options
My Comments: If I had to personally make definitive decisons about the US role in the middle east, I have absolutely no idea what would be in our best interest. That’s why they don’t pay ME the big bucks. But history has made us the world’s only policeman. Since I have no idea about what …
Biggest Retirement Mistakes
My Comments: This is a dramatic headline, intended for those of us already retired or thinking about it. Most of us already understand that "retirement" today is very different from what it was 25 years ago. The changes that we see are influencing my life and millions of others. Many people plan on supplementing their …
Luddites Fear Humanity Will Make Short Work of Finite Wants
My Comments: A conversation yesterday with a good friend resulted from her comment about the absurdity of Obamas’ suggestion that college education should be free for all students. Mindful that some of them will not qualify, and some will not want a college education, I argued that it was a great idea, that many employers …
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Rioting In The Streets Of Gainesville?
My Comments: The blog post title above comes from me; the one that actually accompanied the article is Public Pensions Face New Challenges As We Live Longer. Huh? As a financial planner, I try to make people aware of the existential threats we face as we all grow older. These threats are things that “might” …
